GO
Loading...

Construction and Farm Machinery

More

  • BEIJING, Nov 9- There will be no "major announcement" on a Washington- backed Asia-Pacific free trade deal during a meeting of leaders from the region in Beijing this week, U.S. Few expected that a deal on the ambitious 12- country Trans-Pacific Partnership could be reached this year, largely because of a deadlock between the pact's two biggest economies, the United...

  • Oct 31- Construction equipment company Caterpillar Inc on Friday said the U.S. Securities and Exchange Commission is investigating how it accounted for its July 2011 purchase of Bucyrus International Inc.. In its quarterly report, Caterpillar said the Sept. 10 subpoena from the SEC seeks information about its accounting for goodwill relating to the $7.6...

  • SHANGHAI, Oct 15- Chinese stock markets rose on Tuesday, with major indexes lifted by airline stocks and pharmaceuticals, but analyst said sentiment remained cautious given signs of continued pressure on producer pricing power and weakness in overseas markets. The CSI300 index of the largest Shanghai and Shenzhen A-share listings was up 0.6 percent, while...

  • 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.

  • 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.

  • Europe's top industrials target Goldilocks zone Sunday, 7 Sep 2014 | 4:30 AM ET

    STOCKHOLM, Sept 7- "Good enough" might not make for a marketing slogan, but some of Europe's top engineering companies, which have made their reputation on the quality of their products, are hoping it will make for a profitable strategy.

  • TOKYO, Sept 3- Japanese shares hit a seven-month high on Wednesday, with brokerages leading the gains because of hopes that a cabinet reshuffle by Prime Minister Shinzo Abe will give fresh impetus to his growth-oriented policies.

  • 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.

  • 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.

  • HONG KONG, July 15- China shares finished a choppy Tuesday morning little changed, with investors taking profits on recent outperformers, while Hong Kong markets rose again, riding on continuing money inflows. The Hang Seng Index was up 0.5 percent at 23,462.24 points.

  • Deere shares fall, despite earnings beat Wednesday, 14 May 2014 | 7:26 AM ET
    John Deere lawn tractors sit on display at Klein Equipment, a John Deere dealership in Galesburg, Illinois.

    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 profit beats estimates, but outlook unchanged Wednesday, 12 Feb 2014 | 7:27 AM ET
    A John Deere R962i trailer crop sprayer, manufactured by Deere & Co., stands on display at the Green Week agricultural trade fair at the Messe Berlin exhibition center on Jan. 26, 2014.

    Deere posted a stronger-than-expected quarterly profit, but kept its full-year forecast unchanged, citing the challenges the farm equipment industry.

  • AGCO CEO: Growing profits in agriculture     Tuesday, 17 Dec 2013 | 6:53 AM ET

    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.

  • Trouble on American Farms: 'We Face a Grim Future' Monday, 20 May 2013 | 10:24 AM ET
    Farmer Bill Maupin verifies that his equipment is dropping seeds at the appropriate depth as he plants a cornfield outside Henry, Ill.

    Worried about a possible economic bust in agriculture like that of the 1980s, farmers talk about their growing fears.

  • Next Group That May Be Slammed by Debt: Farmers Thursday, 16 May 2013 | 10:36 AM ET

    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 Earnings Beat Estimates on Strong Demand Wednesday, 13 Feb 2013 | 8:58 AM ET
    John Deere Hybrid Tractor

    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.

  • India's Investment Malaise Thwarting Economic Rebound Tuesday, 12 Feb 2013 | 6:36 PM ET

    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.