AP News

News Summary: Deere 1Q results beat expectations


FIRST QUARTER RESULTS: Profits and revenue both grew more than analysts had expected as Deere raised prices and improved productivity.

FARM GEAR: Deere says sales will fall 6 percent this year as farm incomes decline slightly from high levels last year.

CONSTRUCTION & FORESTRY: Deere projects that construction and forestry sales will rise 10 percent this year because of more housing starts in the U.S. and growing sales elsewhere.


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus