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Latest Deere & Company Stories

2014-09-23 12:32:15

MOLINE, Ill., Sept. 23, 2014 /PRNewswire/ -- Deere & Company (NYSE: DE) announced today it will review strategic options for its crop insurance business, which underwrites policies through John Deere Insurance Company, a business unit within John Deere Financial. Deere said no formal decisions have been made and no agreements have been reached concerning the company's crop insurance operations. Citi has been retained as exclusive financial advisor to assist in the initiative....

2014-08-27 12:32:17

MOLINE, Ill., Aug. 27, 2014 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.60 a share on common stock, payable November 3, 2014, to stockholders of record on September 30, 2014. SOURCE Deere & Company

2014-08-22 08:25:43

MOLINE, Ill., Aug. 22, 2014 /PRNewswire/ -- Deere & Company (NYSE: DE) announced today that it will place approximately 460 employees who work in the company's Waterloo, Iowa operations on indefinite layoff in response to current market demand for its products. Deere said employees were informed today of the layoffs, which are effective October 20(th). "Layoffs are never easy because we understand the significant impact this action has on our employees, their families, and the...

2014-08-15 08:25:54

MOLINE, Ill., Aug. 15, 2014 /PRNewswire/ -- Deere & Company (NYSE: DE) today announced it will reduce the size of its manufacturing workforce at some agricultural equipment factories in response to current market demand for its products. The action will place more than 600 employees at four locations on indefinite layoff. In addition, Deere is implementing seasonal and inventory adjustment shutdowns and temporary layoffs at several of the affected factories. When Deere...

2014-08-13 08:31:16

- Slowdown in farm economy contributes to lower profits for agricultural equipment. MOLINE, Ill., Aug. 13, 2014 /PRNewswire/ -- Net income attributable to Deere & Company (NYSE: DE) was $850.7 million, or $2.33 per share, for the third quarter ended July 31, compared with $996.5 million, or $2.56 per share, for the same period of 2013. For the first nine months of the year, net income attributable to Deere & Company was $2.513 billion, or $6.79 per share, compared with...

2014-06-19 12:28:52

LONDON, June 19, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: Micro Irrigation System Market by Type (Sprinkler Irrigation Systems, Drip Irrigation Systems), by Application (Agriculture Irrigation, Landscape Irrigation, Greenhouse Irrigation) - Global Trends & Forecast to 2018...

2014-05-30 12:22:54

MOLINE, Ill., May 30, 2014 /PRNewswire/ -- Deere & Company (NYSE: DE) announced today it has substantially completed the sale of its irrigation operations pending certain regulatory approvals. In February, Deere reported it had reached a definitive agreement to sell the John Deere Water operations to FIMI Opportunity Funds, the leading private equity firm in Israel. Terms of the transaction were not made public. SOURCE Deere & Company

2014-05-28 16:28:01

MOLINE, Ill., May 28, 2014 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors has approved an increase of Deere's quarterly dividend to $.60 a share on common stock. The dividend is payable on August 1, 2014 to stockholders of record on June 30, 2014. The new quarterly rate represents an increase of 9 cents per share, approximately 18 percent, over the previous level. This is the twelfth increase to the Deere & Company quarterly dividend in 10 years. Deere...

2014-05-14 08:33:45

- Earnings per share decline 4% to $2.65; net sales and revenues down 9%. MOLINE, Ill., May 14, 2014 /PRNewswire/ -- Net income attributable to Deere & Company (NYSE: DE) was $980.7 million, or $2.65 per share, for the second quarter ended April 30, compared with $1.084 billion, or $2.76 per share, for the same period last year. For the first six months of 2014, net income attributable to Deere & Company was $1.662 billion, or $4.46 per share, compared with $1.734...

2014-03-26 16:23:30

SAN ANTONIO, Texas, March 26, 2014 /PRNewswire/ -- Spectators at this week's Valero Texas Open can learn more about The First Tee of Greater San Antonio youth development program and John Deere's passion for golf by visiting a tournament display sponsored by Deere. Deere is a national corporate partner of The First Tee, a non-profit youth organization that uses golf as a platform to teach life and leadership skills and provide character education programs for young people. "We...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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