Profile: Deere & Co (DE)

DE on New York Consolidated

90.45USD
4 Mar 2015
Change (% chg)

$-0.82 (-0.90%)
Prev Close
$91.27
Open
$90.79
Day's High
$90.99
Day's Low
$90.22
Volume
1,735,052
Avg. Vol
2,672,007
52-wk High
$94.89
52-wk Low
$78.88

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Deere & Company (John Deere), incorporated on April 25, 1958, along with its subsidiaries, operates and organized in three major business segments: The agriculture and turf segment that manufactures and distributes a full line of agriculture and turf equipment and related service parts including large, medium and utility tractors; loaders; combines, corn pickers, cotton and sugarcane harvesters and related front-end equipment and sugarcane loaders; tillage, seeding and application equipment, including sprayers, nutrient management and soil preparation machinery; hay and forage equipment, including self-propelled forage harvesters and attachments, balers and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, along with a broad line of associated implements; integrated agricultural management systems technology and solutions; precision agricultural irrigation equipment and supplies; landscape and nursery products; and other outdoor power products. The construction and forestry segment manufactures and distributes a broad range of machines and service parts used in construction, earthmoving, material handling and timber harvesting including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters and related attachments. The financial services segment finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment. In addition, the financial services segment provides wholesale financing to dealers of the foregoing equipment, finances retail revolving charge accounts and operating loans and offers crop risk mitigation products and extended equipment warranties. Because of integrated manufacturing operations and common administrative and marketing support, a substantial number of allocations must be made to determine operating segment and geographic area data. Intersegment sales and revenues represent sales of components and finance charges, which are generally based on market prices.

The products and services produced by the segments are marketed through independent retail dealer networks and major retail outlets. The company’s equipment operations generate revenues and cash from the sale of equipment to John Deere dealers and distributors. The equipment operations manufacture and distribute a full line of agricultural equipment; a variety of commercial, consumer and landscapes equipment and products; and a broad range of equipment for construction and forestry. The Company views its operations as consisting of two geographic areas, the United States and Canada, and outside the United States and Canada.

Company Address

Deere & Co

1 John Deere Pl
MOLINE   IL   61265-8098
P: +1309.7654968

Company Web Links

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