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Deere's Third-Quarter Profit Falls
(Reuters) -Farm-equipment maker Deere & Co reported a lower third-quarter profit on Thursday, hurt by muted demand and headwinds from U.S. tariffs. The company's net income in the quarter came in at $1.29 billion, or $4.75 per share, compared with $1.73 billion, or $6.29 per share, a year earlier.
A WARN notice has been removed after showing layoffs of nearly 1,000 employees at Deere's East Moline location.
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John Deere disputes a state report claiming 819 layoffs at its Harvester plant in East Moline, saying the Illinois DCEO's figure combines multiple past job cuts.
At present, analysts predict that Deere will report earnings of $4.59 per share on revenues of $10.33 billion. This would ...
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Deere reports fiscal third-quarter earnings per share of $4.75 from equipment sales of $10.4 billion, beating analysts’ ...
The world’s largest farm-equipment maker cut its annual outlook after posting a drop in quarterly profit and sales. Shares ...
Deere did not confirm impending layoffs Thursday morning. A Deere spokesperson said that if more layoffs were to come, ...
John Deere plans a $20 billion investment in the U.S. over the next 10 years, emphasizing advanced manufacturing, innovative ...
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