Machinery Construction and Farm Machinery


  • Non-GMO corn is harvested with a John Deere & Co. 9670 STS combine harvester in this aerial photograph taken above Malden, Illinois.

    Even with some crop prices trending higher, the worst of the agricultural downturn may be far from over for Deere.

  • SEOUL, May 18- South Korea's Hotel Lotte Co Ltd plans a share sale worth up to 5.7 trillion won next month, sources said on Wednesday, in what would be the world's biggest initial public offering since late 2015.. The sprawling Lotte Group said last year it would list Hotel Lotte, which includes the third-largest global duty-free retail chain, as part of efforts to...

  • SEOUL, May 18- South Korea's Hotel Lotte Co Ltd plans to raise up to 5.7 trillion won next month, sources with direct knowledge of the matter said on Wednesday, in what would be the world's biggest initial public offering since late 2015.. The sprawling Lotte Group announced last year it would list Hotel Lotte, which includes the third-largest global duty-free...

  • *China's economy shows signs of a pick up. BEIJING/ SINGAPORE, April 25- Caterpillar Inc, the world's largest maker of heavy equipment, has raised hopes that China's battered construction sector may be showing signs of life, pointing to its strongest post-holiday period in three years after a government boost. Ahead of a key week for the heavy equipment sector, with...

  • Caterpillar now expects 2016 earnings per share at $3.00, or $3.70 per share excluding restructuring costs. The previous forecast was $3.50 per share, or $4.00 per share, excluding restructuring costs. The company also trimmed it its 2016 sales outlook range to $40 billion to $42 billion against a previously forecast $40 billion to $44 billion.

  • A Caterpillar 953C track loader moves soil to a dump truck as contractors work during the construction of residential housing in the Norton Commons subdivision in Louisville, Kentucky.

    CNBC "Halftime Report" investor Stephanie Link likes an industrial stock.

  • Deere shares were up about 0.06 percent at $79.66 and Caterpillar shares were 0.74 percent higher at $66.93 in late afternoon trading. Deere, a leading maker of farm and construction equipment, said 100 employees represented by the United Auto Workers will be laid off indefinitely starting April 1 at two factories in Iowa that make construction and forestry...

  • CHICAGO, Feb 22- Steve Irish used to farm 450 acres of rich crop fields in east-central Illinois, but that 15- year chapter of his life ended with a recent conversation with his banker. Irish was deep in debt from the farm equipment he bought, and needed to pay back the money he owed. So now Irish's tractor, combine and other machinery needed to run a grain farm is up for...

  • LOUISVILLE, Ky., Feb 17- Nathan Applebee's family in Seneca, Illinois has farmed using John Deere equipment since the 1930 s. "I have what I need," Applebee, 32, said after checking out a $355,000 Deere 8345 R tractor, with a 345 horsepower engine, and the latest in digital connectivity to enable precision planting. The Department of Agriculture has estimated U.S. net...

  • DUESSELDORF, Germany, Jan 29- Germany's anti-trust regulator said on Friday it was investigating a possible cartel of companies making agricultural machinery, particularly tractors. It did not name any targets of the probe. German agricultural trading group Baywa said the cartel office had searched its headquarters earlier this week on suspicion that some...

  • The CAT logo is displayed on Caterpillar construction equipment.

    Caterpillar revenue slumped 23 percent as weak commodity prices and slowing economic growth in developing countries hit demand for its products.

  • Caterpillar warns equipment sales still falling

    The construction and mining equipment company saw retail sales of machinery fall for the quarter ended in December.

  • Tough start to year, rebound ahead: Pro

    CNBC's Rick Santelli and Rebecca Corbin of Corbin Perception discuss a wall of worry surrounding the industrial sector and what to expect later this year.

  • Farming farm united states

    Deere posted a sharp drop in earnings on Wednesday and forecast a further slump in agriculture and construction equipment sales in its new year.

  • Oct. ISM manufacturing index: 50.1

    CNBC's Rick Santelli reports the read on construction spending data from September, and the ISM manufacturing index.

  • An employee arranges meat at an E-Mart Co. store, a subsidiary of Shinsegae Co., in Seoul, South Korea.

    South Korea's beef imports have soared as consumers balk at paying record levels for prized local Hanwoo meat.

  • CAT dumps Navistar

    Caterpillar ends its outsourcing deal with Navistar.

  • CAT CEO:  Slow global growth rate hits sales

    Caterpillar CEO Doug Oberhelman, discusses the company's quarterly results, buyback program and finding growth opportunities in infrastructure.

  • New Zealand's Fonterra is cutting jobs in an effort to shore up its cash flows amid a slump in global dairy demand, particularly from No. 1 buyer China.

  • Snap-On CEO: 'Tooled up' and growing

    Nicholas Pinchuk, Snap-On chairman & CEO, discusses how the high-end tools and equipment maker is expanding its brand.