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Deere & Co (DE.N)

DE.N on New York Stock Exchange

138.78USD
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$-0.11 (-0.08%)
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Fri, May 17 2019

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Deere blames escalating trade war for worsening outlook

Deere & Co on Friday missed quarterly profit estimates for the fifth-straight quarter and cut its full-year outlook, as an escalating U.S.-China trade war threatens to further hit farm incomes and demand for the company's equipment.

UPDATE 3-Deere blames escalating trade war for worsening outlook

* Trade war causing farmers to delay large machine purchases, says co

Deere profit falls 6.1%, cuts FY19 profit and sales outlook

May 17 Deere & Co on Friday reported a 6.1% fall in second-quarter profit, hit by higher production costs and lowered its full-year outlook for profit and sales.

Deere's first-quarter earnings hurt by higher costs, trade war

CHICAGO Deere & Co's first-quarter earnings on Friday missed Wall Street's estimates, hurt by higher raw materials and logistics costs as well as by slowing trade between the United States and its partners, particularly China, sending its shares lower.

UPDATE 4-Deere's Q1 earnings hurt by higher costs, trade war

CHICAGO, Feb 15 Deere & Co's first-quarter earnings on Friday missed Wall Street's estimates, hurt by higher raw materials and logistics costs as well as by slowing trade between the United States and its partners, particularly China, sending its shares lower.

Deere's Q1 earnings miss Wall Street's estimates

CHICAGO, Feb 15 U.S. tractor maker Deere & Co.'s first-quarter earnings on Friday missed Wall Street's estimates, hurt by higher raw materials and logistics costs as well as by slowing trade between the United States and its partners, particularly China.

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