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Deere & Co (DE.N)

DE.N on New York Stock Exchange

147.87USD
16 Nov 2018
Change (% chg)

$1.17 (+0.80%)
Prev Close
$146.70
Open
$145.72
Day's High
$148.19
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$145.21
Volume
530,154
Avg. Vol
524,963
52-wk High
$175.22
52-wk Low
$128.37

Latest Key Developments (Source: Significant Developments)

Deere & Company Sets Regular Quarterly Dividend Of $0.69/Share
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Deere & Co ::DEERE & COMPANY ANNOUNCES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.69 PER SHARE.  Full Article

Third Point Dissolves Stake In Alphabet, Takes Stake In Visa & Deere
Friday, 10 Aug 2018 

Aug 10 (Reuters) - :THIRD POINT LLC DISSOLVES SHARE STAKE IN ALPHABET INC.THIRD POINT LLC TAKES SHARE STAKE IN VISA INC OF 1.7 MILLION CLASS A SHARES - SEC FILING.THIRD POINT LLC TAKES SHARE STAKE OF 1.1 MILLION SHARES IN DEERE & CO.THIRD POINT LLC UPS SHARE STAKE IN ELECTRONIC ARTS INC BY 32 PERCENT TO 1.7 MILLION SHARES.THIRD POINT LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Deere To Acquire PLA, A Privately-Held Sprayer And Planter Manufacturer
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Deere & Co ::DEERE TO ACQUIRE SPRAYER AND PLANTER MANUFACTURER.DEERE - SIGNED DEFINITIVE AGREEMENT TO ACQUIRE PLA, A PRIVATELY-HELD MANUFACTURER OF SPRAYERS, PLANTERS, AND SPECIALTY PRODUCTS FOR AGRICULTURE.  Full Article

Deere & Co Says Board Accepted Resignation Of Brian Krzanich From Co's Board On July 6
Monday, 9 Jul 2018 

July 9 (Reuters) - Deere & Co ::DEERE & CO SAYS BOARD APPROVED A RESOLUTION DECREASING THE NUMBER OF BOARD SEATS FROM TWELVE TO ELEVEN - SEC FILING.DEERE & CO SAYS RESIGNATION OF BRIAN M. KRZANICH FROM DEERE & COMPANY BOARD OF DIRECTORS WAS ACCEPTED BY BOARD ON JULY 6, 2018.  Full Article

Deere Says Replacement Demand Continues To Drive Farm Equipment Sales
Friday, 18 May 2018 

May 18 (Reuters) - Deere & Co ::DEERE SAYS REPLACEMENT DEMAND CONTINUES TO DRIVE FARM EQUIPMENT SALES - CONF CALL.DEERE SAYS WHILE GLOBAL TRADE CONCERNS WEIGH ON FARMERS, OVERALL SENTIMENT IS HOLDING AS COMMODITY PRICES MOVE UP, EQUIPMENT DEMAND SHOWS IMPROVEMENT.DEERE SAYS WIRTGEN'S CURRENT ORDER BOOK "VERY STRONG", WIRTGEN WILL CONTRIBUTE $100 MILLION IN OPERATING PROFIT IN FISCAL YEAR 2018.DEERE SAYS WIRTGEN IS GENERATING "STRONG" POSITIVE CASH FLOW IN CURRENT FISCAL YEAR.DEERE SAYS BEYOND 2018, WIRTGEN OPERATING MARGINS ARE EXPECTED TO BE 13-14 PERCENT.DEERE SAYS EXPECT "STRONG" MARGINS IN AGRICULTURE AND TURF BUSINESS GOING FORWARD.DEERE SAYS MATERIAL AND FREIGHT COSTS HAVE EXCEEDED FORECAST FOR THE YEAR, DUE LARGELY TO INFLATION IN U.S. STEEL PRICES AND TIGHT MARKET FOR LOGISTICS.DEERE SAYS WE ARE EXECUTING PRICING ACTIONS FOR CONSTRUCTION & FORESTRY BUSINESS THAT WILL TAKE EFFECT OVER THE REMAINDER OF THE YEAR.DEERE SAYS AT THIS TIME, WE ARE CONFIDENT THAT OUR ACTIONS WILL MORE THAN OFFSET INFLATION THROUGH 2019.DEERE SAYS SUPPLY CONSTRAINTS ISSUES HAVE IMPROVED VERY NICELY.  Full Article

Deere & Co Retail Sales For U.S. & Canada AG Combines In April Up More Than Industry
Friday, 18 May 2018 

May 18 (Reuters) - Deere & Co ::SAYS DEERE RETAIL SALES FOR U.S. AND CANADA AG COMBINES IN APRIL 2018 WERE UP MORE THAN INDUSTRY.  Full Article

Deere & Co Reports Q2 Earnings Per Share Of $3.67
Friday, 18 May 2018 

May 18 (Reuters) - Deere & Co ::DEERE REPORTS SECOND-QUARTER NET INCOME OF $1.208 BILLION.QUARTERLY EARNINGS PER SHARE $3.67.Q2 WORLDWIDE NET SALES AND REVENUE INCREASED 29 PERCENT TO $10.720 BILLION.Q2 EARNINGS PER SHARE VIEW $3.31, REVENUE VIEW $9.79 BILLION -- THOMSON REUTERS I/B/E/S.SAYS COMPANY EQUIPMENT SALES ARE PROJECTED TO INCREASE BY ABOUT 30 PERCENT FOR FISCAL 2018 - SEC FILING.SAYS COMPANY EQUIPMENT SALES ARE PROJECTED TO INCREASE BY ABOUT 35 PERCENT FOR Q3.QUARTERLY AGRICULTURE & TURF SALES ROSE 22 PERCENT.CONSTRUCTION AND FORESTRY SALES INCREASED 84 PERCENT FOR THE QUARTER.SAYS NET SALES AND REVENUES ARE EXPECTED TO INCREASE BY ABOUT 26 PERCENT FOR FISCAL 2018.SAYS NET INCOME ATTRIBUTABLE TO CO FORECAST TO BE ABOUT $2.3 BILLION FOR FISCAL 2018.WITHOUT ADJUSTMENTS DUE TO U.S. TAX REFORM LEGISLATION, NET INCOME ATTRIBUTABLE FOR QUARTER WOULD HAVE BEEN $3.14 PER SHARE.SAYS 2018 NET INCOME FORECAST INCLUDES $803 MILLION OF PROVISIONAL INCOME TAX EXPENSE ASSOCIATED WITH TAX REFORM.Q2 RESULTS INCLUDED FAVORABLE NET ADJUSTMENT TO PROVISIONAL INCOME TAXES OF $174 MILLION.SAYS 2018 ADJUSTED NET INCOME ATTRIBUTABLE TO CO EXCLUDING PROVISIONAL INCOME TAX ADJUSTMENTS ASSOCIATED WITH TAX REFORM IS FORECAST TO BE ABOUT $3.1 BILLION.DEERE'S WORLDWIDE SALES OF AGRICULTURE AND TURF EQUIPMENT ARE FORECAST TO INCREASE BY ABOUT 14 PERCENT FOR FISCAL-YEAR 2018.WORLDWIDE SALES OF CONSTRUCTION AND FORESTRY EQUIPMENT ARE ANTICIPATED TO BE UP ABOUT 83 PERCENT FOR 2018.  Full Article

Deere & Co Sets Quarterly Dividend Of $0.60/Share
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Deere & Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.60 PER SHARE.  Full Article

Deere & Co Says CEO Samuel Allen's FY 2017 Total Compensation $16.1 Mln Vs. $18.6 Mln In FY 2016
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Deere & Co ::DEERE & CO SAYS CEO SAMUEL ALLEN'S FY 2017 TOTAL COMPENSATION $16.1 MILLION VERSUS $18.6 MILLION IN FY 2016 - SEC FILING.DEERE & CO - CFO RAJESH KALATHUR'S TOTAL COMPENSATION IN 2017 WAS $4.1 MILLION VERSUS $4.1 MILLION IN 2016.  Full Article

Deere & Co Says Dec Retail Sales For U.S. And Canada Ag Combines Were Up More Than Industry‍​
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Deere & Co ::DEERE & CO SAYS DEC 2017 RETAIL SALES FOR U.S. AND CANADA AG COMBINES WERE UP MORE THAN THE INDUSTRY‍​.DEERE & CO - DECEMBER 2017 RETAIL SALES FOR U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT UP SINGLE DIGIT.DEERE & CO SAYS DEC 2017 RETAIL SALES FOR U.S. AND CANADA AG 4WD TRACTORS WERE UP MORE THAN THE INDUSTRY LEVEL‍​.  Full Article

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Tractor maker Deere aims to ride green revolution in Africa

JOHANNESBURG U.S. Deere & Co expects to see demand for its farm equipment in Africa grow 8 to 10 percent annually in the coming years, driven by expansion in key markets like Ethiopia and Zimbabwe, a local company executive said.