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Machinery Construction and Farm Machinery

  • *Q2 core profit SEK 8.54 bln vs forecast 8.48 bln. STOCKHOLM, July 19- Swedish truck maker Volvo raised its forecast for the North American market on Wednesday after a solid second quarter that saw order intake pick up across the group. "Recent trends on the truck markets continue with good demand in Europe, including a distinct recovery in Russia, and a gradual...

  • Mahindra Group CEO on investing in billions in the US

    Anand Mahindra, Mahindra Group chairman, discusses the Indian industrial giant's billion-dollar investment in the U.S. including a factory in Detroit with the pledge to add thousands of jobs to the local economy.

  • LONDON, July 11- European shares made modest gains for a second session on Tuesday as strength among miners and banks lent a helping hand. Basic resources stocks supported the index, up 1 percent, with Anglo American the top FTSE gainer. Construction equipment company Travis Perkins was lifted by a positive update from peer Galliford Try, which said it saw...

  • **Warren Buffett's Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady profits from utilities and infrastructure deals. **Elliott Management Corp, the largest creditor of the bankrupt parent of Texas power transmission company...

  • **Warren Buffett's Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady profits from utilities and infrastructure deals. **Elliott Management Corp, the largest creditor of the bankrupt parent of Texas power transmission company...

  • *FTSE 100 up 0.2 pct. LONDON, July 7- Falls in energy and bank stocks dampened an otherwise positive week for Britain's top share index, while changes in broker recommendations prompted moves in easyJet, WPP and Royal Mail. "Regardless of what OPEC try and do, it seems the supply overhang is preventing any kind of sustainable rally," Ian Williams, strategist at Peel Hunt,...

  • *FTSE 100 up 0.2 pct. LONDON, July 7- Falls in energy and bank stocks dampened an otherwise positive week for Britain's top share index, while changes in broker recommendations prompted moves in easyJet, WPP and Royal Mail. "Regardless of what OPEC try and do, it seems the supply overhang is preventing any kind of sustainable rally," Ian Williams, strategist at Peel Hunt,...

  • CropX agriculture tech

    An experimental farm showcasing Israeli agriculture technology is in the planning stages outside Wagga Wagga in Australia.

  • TOKYO, June 30- Japan's industrial output fell 3.3 percent in May from the previous month due to lower production of cars and construction equipment, preliminary government data showed on Friday, in a sign of a temporary lull in manufacturing activity. The result compared with the median estimate of a 3.2 percent decline in a Reuters poll of economists.

  • Fourth-generation farmer Derek Sawyer surveys the wheat crop on his 2500-acre farm.

    A White House proposal that would slash agriculture subsidies has many U.S. farmers worried.

  • A John Deere excavator on display at the CONEXPO show in Las Vegas.

    Deere on Thursday announced plans to acquire privately held construction-equipment maker Wirtgen Group.

  • *Macron wants to spend 15 billion euros on training. SARCELLES, France, May 30- France, troubled for years by high unemployment, is now grappling with a lack of qualified workers. Many company bosses are pinning their hopes on newly-elected President Emmanuel Macron, and specifically his labour reform plans, to help find willing and able workers.

  • *Macron wants to spend 15 billion euros on training. SARCELLES, France, May 30- France, troubled for years by high unemployment, is now grappling with a lack of qualified workers. Many company bosses are pinning their hopes on newly-elected President Emmanuel Macron, and specifically his labour reform plans, to help find willing and able workers.

  • *Washington Post: WH official of interest in Russia probe. A senior White House adviser is a significant person of interest in the law enforcement investigation of possible Russian ties, the Washington Post reported on Friday, citing people familiar with the matter. Separately the New York Times reported that Trump told Russian officials at the White House...

  • NEW YORK, May 19- U.S. stocks rallied on Friday as strong corporate earnings lifted investors' spirits in a week dominated by uncertainty surrounding Donald Trump's U.S. presidency. "You've had no Washington drama today and decent earnings," said David Joy, chief market strategist at Ameriprise Financial in Boston. With Washington not in the headlines, we can focus...

  • May 19- Deere& Co raised its full-year sales and profit forecast for the second time, as demand improves for its farm and construction equipment, particularly in South America, sending its shares to a record high of $122.22. The company said it expected fiscal 2017 industry sales of tractors and combined harvesters in South America to be at the high-end of its...

  • May 19- U.S. stocks were higher late Friday morning as a set of strong corporate earnings lifted investor spirits in a week dominated by uncertainty surrounding Donald Trump's presidency. However, Wall Street's major indexes were on track for their worst weekly declines since mid-April following reports that Trump had tried to interfere in a federal...

  • May 19- U.S. stocks advanced on Friday, driven by Apple, as a sense of calm prevailed over Wall Street in a week that was dominated by political uncertainty surrounding Donald Trump's presidency. Reports later alleged Trump had asked Comey to end an investigation into former national security adviser Michael Flynn's ties with Russia. Investors fear that the...

  • *Sees FY 2017 profit of about $2 bln, up from $1.5 bln. *Q2 profit $1.94/ shr vs est $1.68. "We are seeing modestly higher overall demand for our products, with farm machinery sales in South America experiencing a strong recovery," Chief executive Samuel Allen said in a statement.

  • Deere now expects fiscal 2017 net income attributable to the company to be about $2 billion, up from $1.5 billion previously. "We are seeing modestly higher overall demand for our products, with farm machinery sales in South America experiencing a strong recovery," Chief executive Samuel Allen said in a statement. Net income attributable to Deere rose to $802.4...