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Deere & Co (DE.N)

DE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Deere & Company Raises Dividend
Wednesday, 5 Dec 2018 

Deere & Co ::MPANY RAISES DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.76PER SHARE.INCREASED COMPANY'S QUARTERLY DIVIDEND TO $.76 PER SHARE ON COMMON STOCK.NEW QUARTERLY RATE REPRESENTS AN ADDITIONAL 7 CENTS PER SHARE OVER PREVIOUS LEVEL.NEW QUARTERLY DIVIDEND REPRESENTS AN INCREASE OF APPROXIMATELY 10 PERCENT.  Full Article

Deere To Realign Leadership Responsibilities
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Deere & Co ::DEERE TO REALIGN LEADERSHIP RESPONSIBILITIES.JEAN GILLES HAS ELECTED TO RETIRE AFTER 38 YEARS OF DISTINGUISHED SERVICE, EFFECTIVE JANUARY 11TH.JIM FIELD, PRESIDENT OF CONSTRUCTION & FORESTRY DIVISION, WILL ASSUME ADDITIONAL RESPONSIBILITY FOR JOHN DEERE POWER SYSTEMS ORGANIZATION.MARY JONES, SENIOR VICE PRESIDENT AND GENERAL COUNSEL, WILL ASSUME RESPONSIBILITY FOR WORLDWIDE PUBLIC AFFAIRS.MARC HOWZE TO ASSUME ADDITIONAL RESPONSIBILITY FOR GLOBAL SUPPLY MANAGEMENT, LOGISTICS, WORLDWIDE PARTS SERVICES, AND AVIATION.  Full Article

Deere Says U.S. Farmer And Dealer Sentiment Remains Cautiously Optimistic
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Deere & Co ::DEERE SAYS IN U.S., BOTH FARMER AND DEALER SENTIMENT REMAIN CAUTIOUSLY OPTIMISTIC - CONF CALL.DEERE SAYS WHILE THERE IS UNCERTAINTY IN SOYBEAN MARKET, THERE IS OPTIMISM AROUND IMPROVED FUNDAMENTALS IN THE CORN, WHEAT AND COTTON MARKETS.DEERE SAYS U.S. AGRICULTURE EQUIPMENT SALES OUTLOOK FOR 2019 IS LARGELY DRIVEN BY REPLACEMENT DEMAND.DEERE SAYS DEALERS IN THE U.S. MIDWEST ARE REPORTING HIGH YIELDS OF THIS FALL'S CROP SHOULD HAVE A POSITIVE IMPACT ON EQUIPMENT DEMAND.DEERE SAYS EXPECT CONTINUED GRADUAL RECOVERY FOR LARGE AGRICULTURE EQUIPMENT IN NORTH AMERICA.DEERE SAYS PRICE REALIZATION IN 2019 TO OFFSET BOTH MATERIAL COST AND FREIGHT INFLATION EXPERIENCED IN 2018 AS WELL AS ADDITIONAL INCREASES EXPECTED IN 2019.DEERE SAYS EXPECT SECTION 301 TARIFFS TO COST THE COMPANY ABOUT $100 MILLION TO $125 MILLION IN 2019.  Full Article

Deere & Co Qtrly Adjusted Earnings Per Share $2.30
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Deere & Co ::QTRLY ADJUSTED EARNINGS PER SHARE $2.30.QTRLY EARNINGS PER SHARE $2.42.EQUIPMENT SALES ARE PROJECTED TO INCREASE BY ABOUT 7 PERCENT FOR FISCAL 2019.QTRLY WORLDWIDE NET SALES AND REVENUES INCREASED 17 PERCENT, TO $9.416 BILLION.NET SALES AND REVENUES ARE EXPECTED TO INCREASE BY ABOUT 7 PERCENT FOR FISCAL 2019.QTRLY AGRICULTURE & TURF SALES ROSE 3 PERCENT.2019 NET INCOME ATTRIBUTABLE TO DEERE & CO FORECAST TO BE ABOUT $3.6 BILLION.QTRLY CONSTRUCTION & FORESTRY SALES INCREASED 65 PERCENT.WORLDWIDE SALES OF AGRICULTURE AND TURF EQUIPMENT ARE FORECAST TO BE UP ABOUT 3 PERCENT FOR FISCAL-YEAR 2019.2019 NET INCOME ATTRIBUTABLE TO DEERE & COMPANY FOR THE FINANCIAL SERVICES OPERATIONS IS PROJECTED TO BE APPROXIMATELY $630 MILLION.WORLDWIDE SALES OF CONSTRUCTION AND FORESTRY EQUIPMENT ARE ANTICIPATED TO BE UP ABOUT 15 PERCENT FOR 2019.FY2019 EARNINGS PER SHARE VIEW $11.64, REVENUE VIEW $36.04 BILLION -- THOMSON REUTERS I/B/E/S.FY AGRICULTURE & TURF INDUSTRY SALES IN EU28 MEMBER NATIONS ARE FORECAST TO BE ABOUT FLAT AS RESULT OF DROUGHT CONDITIONS IN KEY MARKETS.Q4 EARNINGS PER SHARE VIEW $2.45, REVENUE VIEW $8.57 BILLION -- THOMSON REUTERS I/B/E/S."IN FORESTRY, FOR FY 2019 GLOBAL INDUSTRY SALES EXPECTED TO BE UP ABOUT 10 PERCENT AS RESULT OF IMPROVED DEMAND THROUGHOUT WORLD, LED BY U.S.".FOREIGN-CURRENCY RATES ARE EXPECTED TO HAVE UNFAVORABLE TRANSLATION EFFECT ON EQUIPMENT SALES OF ABOUT 2 PERCENT FOR THE YEAR.  Full Article

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

Photo

On the autofarm: China turns to driverless tractors, combines to overhaul agriculture

Xinghua, China A brand new combine harvester buzzes up and down a field in eastern China without a driver on board, chopping golden rice stalks and offering a glimpse of what authorities say is the automated future of the nation's mammoth agricultural sector.