MILAN— CNH Industrial, the Italian maker of construction and agriculture machinery, says second-quarter earnings dropped by more than half on lower sales of combines and larger tractors in North and South America. CNH Industrial, which was formed from the full merger of Fiat Industrial with its CNH subsidiary, reported Wednesday that profits dropped to 178...» Read More
NEW YORK, Feb 17- Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a 5 percent stake in agricultural equipment maker Deere& Co and said it shed a $3.74 billion investment in oil company Exxon Mobil Corp as oil prices plunged. The changes were among several that Berkshire made in its common stock investments in the fourth quarter, according to a U.S....
NEW YORK, Feb 17- Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a new stake in agricultural and construction equipment maker Deere& Co, one of a handful of changes in its stock holdings during the fourth quarter. Berkshire reported a 17.1 million-share stake, according to a U.S. Securities and Exchange Commission filing that detailed its...
Agriculture company Monsanto is set to report its Q1 earnings this week. Michael Cox, senior research analyst at Piper Jaffray, discusses the company and how it's bringing new technology to South America.
Deere on Wednesday posted a stronger-than-expected profit as cost cuts helped offset lower sales of its tractors, harvesters and earth-moving equipment.
Deere posted a stronger-than-expected quarterly profit, but kept its full-year forecast unchanged, citing the challenges the farm equipment industry.
Martin Richenhagen, Chairman & CEO of AGCO, shares his thoughts on the company's 2014 growth prospects, and the outlook on global agriculture. I think U.S. farmers will have money to invest, says Richenhagen.
Traditional farming is going high tech, reports CNBC's Jane Wells with a look at the latest equipment designed to help farmers produce the best yields.
Worried about a possible economic bust in agriculture like that of the 1980s, farmers talk about their growing fears.
It would take a perfect storm, but there are worries the current economic boom for farmers could turn into a bust. The issue is how much debt farmers take on.
Deere, the world's largest farm equipment maker, reported first-quarter results above analysts' expectations as farmers geared up to plant the biggest corn crop in U.S. history.
Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.
Ann Duignan, JPMorgan analyst, has the play on the heavy equipment maker.
Over the last few years, sustainable farming startups have managed to get loans from companies like Whole Foods, or sold equity stakes to venture capitalists like Michael Dell's brother, Adam. A lot of the seed money is being used to help these businesses grow, many with a focus on being local.
To Jim Cramer, today’s stock market is all about expectations and here's why.
There are no signs of recession anywhere in the world, Caterpillar CEO Doug Oberhelman told CNBC’s “Squawk Box” after earnings on Monday.
Ann Duignan, JPMorgan analyst, discusses Caterpillar's third quarter revenue miss, and explains why she maintains an "overweight" rating on the stock with a $109 price target. Also, CNBC's Herb Greenberg shares his thoughts on whether companies should stop giving guidance.
The "Squawk on the Street" team report on the mornings market-moving stories, and what investors should be looking for, including the selloff in techs; Caterpillar's earnings and forecast; Microsoft's Windows 8 launch; and more.
Doug Oberhelman, Caterpillar chairman & CEO, discusses his company's third quarter earnings and how uncertainty in China and the U.S. elections is slowing growth.
The chapter isn't yet closed on this year's surge in food crop prices following the worst drought in the U.S. in over 50 years.
India, a major player in global agriculture, has struggled to attract foreign investment. But that may change.