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Deere & Co (DE.N)

DE.N on New York Stock Exchange

137.58USD
13 Jul 2018
Change (% chg)

$-3.22 (-2.29%)
Prev Close
$140.80
Open
$140.70
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$140.82
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$137.48
Volume
658,134
Avg. Vol
598,780
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$175.22
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$112.89

Latest Key Developments (Source: Significant Developments)

Deere May Retail Sales For U.S. And Canada AG Combines Up More Than Industry
Monday, 11 Jun 2018 06:24pm EDT 

June 12 (Reuters) - Deere & Co ::DEERE & CO SAYS MAY 2018 RETAIL SALES FOR U.S. AND CANADA AG COMBINES UP MORE THAN THE INDUSTRY.DEERE & CO SAYS MAY 2018 RETAIL SALES FOR EU 28 AG COMBINES DOWN DOUBLE DIGITS.DEERE & CO SAYS MAY 2018 MAY 2018 RETAIL SALES FOR U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT DOWN SINGLE DIGIT.  Full Article

Deere & Co Takes Legal Action Against Precision Planting And AGCO Corp
Friday, 1 Jun 2018 01:26pm EDT 

June 1 (Reuters) - Deere & Co::TOOK LEGAL ACTION AGAINST PRECISION PLANTING LLC AND AGCO CORPORATION, CLAIMING COMPANIES HAVE INFRINGED ON 12 JOHN DEERE PATENTS.LAWSUIT STATES PRODUCTS MADE/SOLD BY PRECISION PLANTING, INCLUDING VSET SEED METERS ALONG WITH SPEEDTUBE PRODUCTS, INFRINGE ON DEERE PATENTS.  Full Article

Deere Says March 2018 Retail Sales For U.S. And Canada AG Combines Were Down More Than The Industry
Tuesday, 10 Apr 2018 05:54pm EDT 

April 10 (Reuters) - Deere & Co ::DEERE & CO SAYS MARCH 2018 RETAIL SALES FOR U.S. AND CANADA AG COMBINES WERE DOWN MORE THAN THE INDUSTRY.DEERE & CO SAYS MARCH 2018 RETAIL SALES FOR EU 28 AG COMBINES WERE DOWN LOW DOUBLE DIGITS.DEERE & CO SAYS MARCH 2018 RETAIL SALES FOR U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT WERE UP SINGLE DIGIT.  Full Article

Deere & Co Reports Feb Retail Sales For U.S. & Canada AG Combines Up More Than Industry
Monday, 12 Mar 2018 05:34pm EDT 

March 12 (Reuters) - Deere & Co ::DEERE & CO REPORTS FEB. 2018 RETAIL SALES FOR U.S. AND CANADA AG COMBINES UP MORE THAN THE INDUSTRY.DEERE & CO REPORTS FEB. 2018 RETAIL SALES FOR EU 28 AG COMBINES DOWN DOUBLE DIGITS.DEERE & CO REPORTS FEB. 2018 RETAIL SALES FOR U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT FLAT.  Full Article

Deere To Acquire Leading Manufacturer Of Carbon Fiber Technology Products
Friday, 2 Mar 2018 09:30am EST 

March 2 (Reuters) - Deere & Co ::DEERE TO ACQUIRE LEADING MANUFACTURER OF CARBON FIBER TECHNOLOGY PRODUCTS.DEERE & CO SAYS TO ACQUIRE KING AGRO, A PRIVATELY-HELD MANUFACTURER OF CARBON FIBER TECHNOLOGY PRODUCTS.DEERE & CO - KING AGRO WILL RETAIN ITS BRAND NAME, TRADEMARK, AND COMMERCIAL RELATIONSHIPS​.  Full Article

Deere Says Beyond Fiscal Year 2018 Effective Tax Rate To Be Between 25 Pct And 27 Pct
Friday, 16 Feb 2018 11:00am EST 

Feb 16 (Reuters) - Deere & Co ::DEERE & CO SAYS NET INCOME FOR THE QUARTER WAS AFFECTED BY CHARGES FROM U.S. TAX REFORM, WHICH WE BELIEVE WILL REDUCE CO'S OVERALL TAX RATE AND BE BENEFICIAL IN THE FUTURE - CONF CALL.DEERE & CO SAYS FOR THE QUARTER, DEERE EXPERIENCED INCREASED DEMAND ACROSS KEY MARKETS; THOSE SALES GAINS ARE MODERATED BY SUPPLY CHAIN AND LOGISTIC CHALLENGES - CONF CALL.DEERE & CO SAYS DESPITE RISING DEMAND, GLOBAL GRAIN AND OILSEEDS STOCKS-TO-USE RATIOS ARE FORECAST TO REMAIN AT ELEVATED LEVELS IN 2017 '18 AS ABUNDANT CROP HAVE OFFSET STRONG DEMAND AROUND THE WORLD - CONF CALL.DEERE & CO SAYS DESPITE RANGE-BOUND COMMODITY PRICES, THE INDUSTRY IS EXPERIENCING STRONGER REPLACEMENT DEMAND FOR LARGER EQUIPMENT - CONF CALL.DEERE & CO SAYS 2018 FARM CASH RECEIPTS ARE ESTIMATED TO BE $372 BILLION, ABOUT 1% LOWER THAN 2017 - CONF CALL.DEERE & CO SAYS CORN, SOYBEANS AND STOCKS-TO-USE RATIOS ARE EXPECTED TO DECLINE IN 2017-2018 AS GLOBAL DEMAND OUTPACES PRODUCTION - CONF CALL.DEERE & CO SAYS CROP CASH RECEIPTS ARE PROJECTED TO DECLINE MODESTLY AS GAINS FROM OIL CROPS ARE OFFSET BY DECLINES IN FEED CROPS- CONF CALL.DEERE & CO SAYS THE ECONOMIC INDICATORS AFFECTING THE CONSTRUCTION AND FORESTRY INDUSTRIES CONTINUE TO BE SUPPORTIVE OF EQUIPMENT DEMAND - CONF CALL.DEERE & CO SAYS HOUSING DEMAND IS GOING UP, BUT SALES REMAIN CONSTRAINED BY SUPPLY DUE TO 35-YEAR-LOW INVENTORIES FOR NEW AND EXISTING SINGLE-FAMILY HOMES - CONF CALL.  Full Article

Deere & Co Qtrly Loss Per Share $1.66
Friday, 16 Feb 2018 06:40am EST 

Feb 16 (Reuters) - Deere & Co ::QTRLY LOSS PER SHARE $1.66.QTRLY RESULTS INCLUDE U.S. TAX REFORM-RELATED CHARGES OF $965 MILLION‍​.WORLDWIDE NET SALES AND REVENUES FOR Q1 INCREASED 23 PERCENT, TO $6.913 BILLION.SAYS WITHOUT ADJUSTMENTS, Q1 NET INCOME WOULD HAVE BEEN $1.31 PER SHARE - SEC FILING."SALES GAINS FOR QUARTER, HOWEVER, WERE MODERATED BY BOTTLENECKS IN THE SUPPLY CHAIN & LOGISTICAL DELAYS IN SHIPPING PRODUCTS TO OUR DEALERS"‍​.COMPANY EQUIPMENT SALES PROJECTED TO INCREASE BY ABOUT 29 PERCENT FOR FISCAL 2018 & BY 30 TO 40 PERCENT FOR Q2 VERSUS SAME PERIODS OF 2017.NET INCOME FORECAST TO BE ABOUT $2.1 BILLION FOR YEAR ON 29% SALES GAIN; ADJUSTED EARNINGS EXPECTED TO BE ABOUT $2.85 BILLION.DEERE’S WORLDWIDE SALES OF AGRICULTURE AND TURF EQUIPMENT ARE FORECAST TO INCREASE BY ABOUT 15 PERCENT FOR FISCAL-YEAR 2018‍​.DEERE’S WORLDWIDE SALES OF CONSTRUCTION AND FORESTRY EQUIPMENT ARE ANTICIPATED TO BE UP ABOUT 80 PERCENT FOR 2018‍​.NET SALES AND REVENUES ARE PROJECTED TO INCREASE BY ABOUT 25 PERCENT FOR FISCAL 2018.DEERE - AGRICULTURE & TURF SALES INCREASED 18 PERCENT FOR QUARTER DUE TO HIGHER SHIPMENT VOLUMES, FAVORABLE CURRENCY TRANSLATION.DEERE - CONSTRUCTION AND FORESTRY SALES INCREASED 57 PERCENT FOR QUARTER, WITH WIRTGEN ADDING 23 PERCENT.SEES FISCAL 2018 EQUIPMENT OPERATIONS CAPEX OF ABOUT $925 MILLION.SEES Q2 NET SALES (EQUIPMENT OPERATIONS) UP 30 PERCENT TO 40 PCT‍​.SEES FY 2018 TOTAL U.S. FARM CASH RECEIPTS OF $372.4 BILLION.  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 09:08am EST 

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 05:47pm EST 

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

Deere & Co November U.S., Canada Ag Combines Retail Sales Up Single Digit
Tuesday, 12 Dec 2017 07:23am EST 

Dec 12 (Reuters) - Deere & Co -:JOHN DEERE REPORTS NOVEMBER RETAIL SALES ON DECEMBER 11.NOVEMBER U.S. AND CANADA AG COMBINES RETAIL SALES UP SINGLE DIGIT.NOVEMBER EU 28 AG COMBINES RETAIL SALES DOWN DOUBLE DIGITS.NOVEMBER U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT RETAIL SALES DOWN SINGLE DIGIT.  Full Article

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Deere sues Precision Planting, AGCO claiming patent infringement

U.S. farm equipment maker Deere & Co on Friday sued Precision Planting LLC and AGCO Corp , accusing them of infringing on 12 of its patents.