Eli Lustgarten, Senior Research Analyst at Longbow Research, says the company's yield is a major advantage but there remains no short-term catalyst to take the stock higher.» Read More
Both Caterpillar Inc and 3 M Co rose in premarket trading following their results, with heavy machinery maker Caterpillar also raising its full-year profit view. Shares of Caterpillar rose 3.6 percent to $97.98 while 3 M added 2.1 percent to $141.80. General Motors Co gained 2.9 percent to $32.23 following its results..
NEW YORK, Oct 23- Dow component Caterpillar Inc was among Thursday's biggest premarket movers, with the heavy machinery maker up on heavy volume following its results. Caterpillar also said that its expectations for 2014 earnings continued to improve. In the broader market, U.S. stock index futures were higher, adding to earlier gains on Caterpillar's results.
Sept 23- Deere& Co, the world's largest farm equipment maker, said it was exploring strategic options for its low-margin crop insurance business and had hired Citigroup as its adviser.
CNBC's Sara Eisen speaks to Samuel Allen, Deere & Company chairman & CEO, about the company's R&D spending and new product lines, including the use of new technology to improve yield.
CNBC's Sara Eisen speaks to Samuel Allen, Deere & Company chairman & CEO, about the overall U.S. economy, America's competitive status and the housing recovery.
Farmers and analysts say the elimination of government incentives to buy new equipment, a related overhang of used tractors, and a reduced commitment to biofuels, all darken the outlook for the sector beyond 2019- the year the U.S. Department of Agriculture says farm incomes will begin to rise again.
Sept 4- Mining equipment maker Joy Global Inc posted lower-than-expected quarterly revenue and profit and the company narrowed its full-year earnings forecast range as coal miners cut spending due to weak coal prices amid an oversupply.
Sept 4- Mining equipment maker Joy Global Inc reported a 61 percent fall in quarterly profit as coal miners cut spending due to weak prices caused by oversupply. The company's net income fell to $71.3 million, or 71 cents per share, in the third quarter ended Aug. 1 from $183.2 million, or $1.71 per share, a year earlier.
Aug 15- Deere& Co, the world's largest maker of farm equipment, said it would indefinitely lay off more than 600 employees at plants in Illinois, Iowa and Kansas as falling grain prices hurt demand for tractors, harvesters and other agricultural machinery.
Discussing the quarterly earnings of Deere & Company and the fundamentals of the farm sector, with Eli Lustgarten, Longbow Research senior analyst.
CNBC's Kayla Tausche discusses the government's "bonus depreciation" program that allowed industrial companies to write off up to half the value of new equipment.
The "Squawk on the Street" news team discusses the fiscal Q3 earnings of Deere & Company and the farm economy.
Aug 13- Deere& Co on Wednesday posted a lower quarterly profit and cut its full-year forecast as farmers facing a bumper crop and declining grain prices continued to pull back on purchases of the company's tractors, harvesters and other machinery.
Aug 13- Deere& Co posted lower quarterly profit on Wednesday, but still topped estimates, as strong sales of construction and forestry equipment offset declining sales of tractors, harvesters and other farm machinery.
Aug 6- Russian President Vladimir Putin's announcement on Wednesday that he plans to slap a one-year import ban on agricultural products from countries that have imposed sanctions on Russia is unwelcome news to U.S.-based makers of farm equipment.
Breaking down Caterpillar's Q1 earnings beat aided by cost cuts in is mining equipment business, with Ann Duignan, JPMorgan machinery & multi-industry analyst.
Despite a slowdown in CAT's mining equipment business, CNBC's Jim Cramer says U.S. construction is back big, as he breaks down Caterpillar's Q1 earnings that exceeded the Street's forecast.
Andy Kaplowitz, Barclays analyst, Eli Lustgarten, Longbow Research senior research analyst, discuss Caterpillar's big buyback and positive quarterly results based on better-than-expected guidance.
Deere reported earnings and revenue that beat market expectations on Wednesday, strengthened by the farm industry in the Americas. Shares gained.
The Supreme Court on Monday strikes down an appeals court ruling that favored consumers who bought Sears front-loading washing machines.