Deere Not Out of the Woods Yet. Here’s Why the Stock is Falling Today.
Deere Not Out of the Woods Yet. Here's Why the Stock is Falling Today.
Key Takeaways
Deere & Company is warning that tough market conditions, partially attributable to tariffs, will continue into next year.
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The manufacturer of big farm and construction equipment gave a full-year outlook below forecasts.
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The news offset better-than-expected profit and sales figures for the fiscal fourth quarter.
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Shares of Deere & Company (DE) fell Wednesday morning after the maker of large farm and construction equipment gave a weak forecast and warned that “difficult market c
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