Farm equipment makers are prepping for a drop in sales. Deere is laying off over 1,000 manufacturing employees, reports CNBC's Jane Wells.» Read More
Caterpillar rose$. 56 or. 5 percent, to $107.86. Deere& Co. rose$. 04 or percent, to $85.75. Terex rose$. 11 or. 3 percent, to $37.59.
Caterpillar rose$. 57 or. 5 percent, to $107.87. Deere& Co. rose$. 12 or. 1 percent, to $85.83. Terex rose$. 17 or. 5 percent, to $37.65.
Caterpillar rose$. 32 or. 3 percent, to $107.30. Deere& Co. fell$. 40 or. 5 percent, to $85.71. Terex fell$. 16 or. 4 percent, to $37.48.
Caterpillar rose$. 19 or. 2 percent, to $107.17. Deere& Co. fell$. 32 or. 4 percent, to $85.79. Terex fell$. 05 or. 1 percent, to $37.59.
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.
The plants are in Moline and East Moline, Illinois; Ankeny, Iowa; and Coffeyville, Kansas, Deere said.
*Cisco down in premarket after results, outlook. NEW YORK, Aug 14- U.S. stock index futures pointed to a flat open on Thursday as investors found few reasons to buy following a sharp rally in the previous session and amid signs of weakness in Europe and ongoing uncertainty over Ukraine.
*Cisco shares down in premarket after results, outlook. NEW YORK, Aug 14- U.S. stock index futures edged higher on Thursday, with investors reluctant to make big bets following a sharp rally in the previous session and amid signs of weak conditions in Europe. *Cisco Systems Inc fell 1.3 percent to $24.87 in premarket trading.
U.S. stocks closed higher for the third time in four days as a rally in tech, airlines and biotech firms helped lead gains.
NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow returning to positive territory for the year as the market shrugged off weak earnings reports and a slump in retail shares. Biotech shares surged, with the Nasdaq biotech index climbing 2.1 percent on the back of stocks including InterMune Inc and Jazz Pharmaceuticals PLC.
*Amazon introduces card device, shares rally. NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow turning positive for the year as investors sought bargains amid signs of easing tensions in Ukraine and Iraq, which overshadowed some weak reads on the retail sector.
Discussing the quarterly earnings of Deere & Company and the fundamentals of the farm sector, with Eli Lustgarten, Longbow Research senior analyst.
The "Squawk on the Street" news team discusses the fiscal Q3 earnings of Deere & Company and the farm economy.
NEW YORK, Aug 13- U.S. stock index futures pointed to a higher open on Wednesday as investors plucked bargains following recent declines amid signs of an easing of tensions in Ukraine and Iraq, which overshadowed some weak U.S. data and corporate forecasts.
U.S. stock index futures signaled a higher open early with investors focused on corporate releases and continued tensions in Ukraine and Iraq.
Some of the names on the move ahead of the open.
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.
*Threat of Russia invading Ukraine appears to recede. NEW YORK, Aug 13- U.S. stock index futures rose on Wednesday amid a perceived easing of tensions in both Ukraine and Iraq, which pushed investors to seek bargains.
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.
July retail sales likely took a hit from falling gas prices, but the drop could mean more spending power during back-to-school shopping season.