*First-quarter EPS $1.65 vs $1.40 est. Feb 13- Deere& Co, 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 following the worst drought in the U.S.
*First-quarter EPS $1.65 vs $1.40 est. Feb 13- Deere& Co, the world's largest farm equipment maker, reported first-quarter results above analysts' expectations as farmers geared up to plant the largest corn crop in U.S. history following the worst drought in the U.S.
*First-quarter EPS $1.65 vs $1.40 est. Moline, Illinois- based Deere raised its forecast for net income in the year ending October 2013 to $3.3 billion from $3.2 billion, catching up with Wall Street's expectations. The company's sales of agricultural equipment in the United States and Canada would grow by no more than 5 percent this year, it said in a statement.
*Komatsu cuts annual operating profit forecast by 12 pct. TOKYO, Jan 29- Japan's Komatsu Ltd, the world's second-biggest maker of construction machinery, cut its annual profit for a second time as demand for mining equipment in Indonesia tumbled on the back of steep declines in thermal coal prices.
*S&P 500 coming off eight straight sessions of gains. *Dow down 0.1 pct, S&P 500 down 0.2 pct, Nasdaq up 0.2 pct. NEW YORK, Jan 28- U.S. stocks edged lower on Monday, with investors reluctant to make big bets following an extended equity rally, though an outlook from heavy equipment maker Caterpillar eased investor fears about a slowdown in China.
HONG KONG, Jan 24- A Chinese mining equipment company at the centre of an alleged accounting fraud was also involved in a web of insider loans and asset transfers prior to its purchase by Caterpillar Inc., public filings show.
Dec 20- U.S. diversified manufacturer Crane Co said it will buy MEI Conlux Holdings and its Japanese affiliate for about $820 million from Bain Capital and Advantage Partners to deepen its footprint in the payment solutions segment.
Dec 20- U.S. diversified manufacturer Crane Co said it will buy MEI Conlux Holdings and its Japanese affiliate for about $820 million from Bain Capital and Advantage Partners.
*Slump could pressure PICC Group debut on Friday. HONG KONG, Dec 5- Shares in Zhengzhou Coal Mining Machinery slid in their first day of Hong Kong trade after underwriters of the $300 million offering were stuck in the rare position of holding unsold stock, underscoring poor demand that bodes ill for Chinese insurer PICC's bigger debut on Friday.
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