Deere & Co (DE.N) posted higher-than-expected earnings, sending its shares up more than 8 percent, as wider margins at its farm equipment and finance units helped it overcome weak economic conditions.
The company on Wednesday also raised its outlook for fiscal 2010 machinery sales growth to a range of 6 percent to 8 percent, from a [...]
Posts Tagged ‘finance’
Deere profit beats Wall Street
February 17th, 2010 by Financial Writer
Tags: business, deere, finance, financial services, wall street
U.S. still seen in recession, may last until 2010
October 7th, 2009 by Financial Writer
U.S. finance executives believe the American economy is still in recession, despite signs growth may have resumed in the third quarter, a survey showed on Tuesday.
The survey conducted by the Association for Financial Professionals also showed that many executives in the financial sector did not expect their organizations to resume hiring or capital spending in [...]
Tags: bank, economic, economy, finance, lending, recession
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