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Machinery Construction and Farm Machinery

  • CropX agriculture tech

    An experimental farm showcasing Israeli agriculture technology is in the planning stages outside Wagga Wagga in Australia.

  • TOKYO, June 30- Japan's industrial output fell 3.3 percent in May from the previous month due to lower production of cars and construction equipment, preliminary government data showed on Friday, in a sign of a temporary lull in manufacturing activity. The result compared with the median estimate of a 3.2 percent decline in a Reuters poll of economists.

  • Fourth-generation farmer Derek Sawyer surveys the wheat crop on his 2500-acre farm.

    A White House proposal that would slash agriculture subsidies has many U.S. farmers worried.

  • A John Deere excavator on display at the CONEXPO show in Las Vegas.

    Deere on Thursday announced plans to acquire privately held construction-equipment maker Wirtgen Group.

  • *Macron wants to spend 15 billion euros on training. SARCELLES, France, May 30- France, troubled for years by high unemployment, is now grappling with a lack of qualified workers. Many company bosses are pinning their hopes on newly-elected President Emmanuel Macron, and specifically his labour reform plans, to help find willing and able workers.

  • *Macron wants to spend 15 billion euros on training. SARCELLES, France, May 30- France, troubled for years by high unemployment, is now grappling with a lack of qualified workers. Many company bosses are pinning their hopes on newly-elected President Emmanuel Macron, and specifically his labour reform plans, to help find willing and able workers.

  • *Washington Post: WH official of interest in Russia probe. A senior White House adviser is a significant person of interest in the law enforcement investigation of possible Russian ties, the Washington Post reported on Friday, citing people familiar with the matter. Separately the New York Times reported that Trump told Russian officials at the White House...

  • NEW YORK, May 19- U.S. stocks rallied on Friday as strong corporate earnings lifted investors' spirits in a week dominated by uncertainty surrounding Donald Trump's U.S. presidency. "You've had no Washington drama today and decent earnings," said David Joy, chief market strategist at Ameriprise Financial in Boston. With Washington not in the headlines, we can focus...

  • May 19- Deere& Co raised its full-year sales and profit forecast for the second time, as demand improves for its farm and construction equipment, particularly in South America, sending its shares to a record high of $122.22. The company said it expected fiscal 2017 industry sales of tractors and combined harvesters in South America to be at the high-end of its...

  • May 19- U.S. stocks were higher late Friday morning as a set of strong corporate earnings lifted investor spirits in a week dominated by uncertainty surrounding Donald Trump's presidency. However, Wall Street's major indexes were on track for their worst weekly declines since mid-April following reports that Trump had tried to interfere in a federal...

  • May 19- U.S. stocks advanced on Friday, driven by Apple, as a sense of calm prevailed over Wall Street in a week that was dominated by political uncertainty surrounding Donald Trump's presidency. Reports later alleged Trump had asked Comey to end an investigation into former national security adviser Michael Flynn's ties with Russia. Investors fear that the...

  • *Sees FY 2017 profit of about $2 bln, up from $1.5 bln. *Q2 profit $1.94/ shr vs est $1.68. "We are seeing modestly higher overall demand for our products, with farm machinery sales in South America experiencing a strong recovery," Chief executive Samuel Allen said in a statement.

  • Deere now expects fiscal 2017 net income attributable to the company to be about $2 billion, up from $1.5 billion previously. "We are seeing modestly higher overall demand for our products, with farm machinery sales in South America experiencing a strong recovery," Chief executive Samuel Allen said in a statement. Net income attributable to Deere rose to $802.4...

  • PARIS, May 15- European sales of agricultural machinery look set to rebound in 2017 after a three-year slump as rising demand in Germany and sectors like olive growing offset weakness in France, an industry group said. France, however, "is a big question mark," Adam said. France is the biggest crop producer in the EU but suffered the worst grain harvest in three decades...

  • CHICAGO, May 1- Monsanto Co has terminated an agreement to sell its Precision Planting LLC farm equipment business to machinery maker Deere& Co, the companies said on Monday, ending a legal fight with antitrust authorities over the deal. The U.S. Department of Justice last August filed a lawsuit to block the sale, arguing the deal could make it more expensive for...

  • BUENOS AIRES, April 3- Argentine growers have been energized by the country's new tax and trade policies, setting the stage for increased grains planting and farm investment, the head of the local unit of agricultural machinery company Deere& Co said on Monday. The free-trade policies of President Mauricio Macri, elected in 2015 after an eight-year feud between...

  • Deere CEO on infrastructure, Trump & CAT

    At CONEXPO 2017, CNBC's Jane Wells speaks with Deere CEO Sam Allen about the corporate benefits from the Trump administration's infrastructure plans as well as how they are competing with Caterpillar.

  • Three things to watch beyond Deere's earnings

    CNBC's Landon Dowdy provides a look at Street expectations when Deere reports quarterly results before the opening bell.

  • Here's what the future of farming looks like

    Dorn Cox, a farmer in Lee, N.H., says that the future of farming won't be filled with glossy automated robots and tractors, but instead with do-it-yourself sensors and drones that feed data into an open source network of farmers.

  • Alabama tractor maker aims for Cuban market

    Horace Clemmons, Cleber LLC Founder, discusses the challenges of getting his company's farm equipment and a factory into Cuba.