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DE News13 articles
BBB Flags Heavy-Equipment Scams as Buyers Lose Over $107,600
Three buyers lost $107,600 after wiring funds to a fake heavy-equipment website. The BBB flagged Digron Machinery Depot and another site impersonating a Nebraska company.
Deere's New Plants and Recall: A Fraction of Midwest Job Cuts
Deere announces two new U.S. facilities creating 300 jobs and recalls 324 workers, but the moves are dwarfed by over 2,100 layoffs in 2024 amid weak farm demand and tariffs.
Deere Shares Slide Ahead of Earnings Amid Tariff and Demand Concerns
Deere & Company shares dropped 4.95% to $562.64 on Friday, underperforming peers before its fiscal Q2 earnings on May 21, with analysts projecting EPS of $5.81, down 12.5% year-over-year.
Oregon Hazelnut Grower with Rare Tractor Museum Joins National Farm Bureau Committee
Oregon farmer Roy Hofer, known for his private John Deere tractor museum, has been appointed to the American Farm Bureau Federation's Young Farmers & Ranchers Committee for 2026-27.
Deere's Tarter Partnership Targets Farm Implement Demand Amid Equipment Slowdown
Deere & Co. has partnered with Tarter USA to launch American-made Frontier flex-wing rotary cutters, targeting farmers who are delaying large equipment purchases but still buying implements. The company's shares gained 0.8% as initial dealer orders exceeded expectations.
Caterpillar Gains on AI, Autonomy Push at CONEXPO as Industrials Rise
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of new technology and service initiatives at the CONEXPO-CON/AGG construction event in Las Vegas.
Caterpillar Gains on AI, Autonomy Push at CONEXPO Amid Labor Challenges
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of expanded rental programs, AI enhancements, and autonomous machinery demonstrations at the CONEXPO-CON/AGG event in Las Vegas.
Markets Await Key Inflation Data Amid Geopolitical Tensions
U.S. stock futures advanced Friday as investors braced for crucial GDP and inflation reports, while oil prices remained elevated due to Middle East tensions.
Industrial Sector Gains on Inflation Data Ahead of Key Fed, PCE Reports
Industrial stocks advanced Friday, with the XLI ETF climbing 0.82% after cooler-than-expected inflation data. Focus now shifts to Federal Reserve minutes and the PCE inflation gauge due this week.
Caterpillar Shares Gain Amid Insider Sale, Tariff Warning Ahead of Holiday
Caterpillar shares advanced 2.1% to $774.20 Friday following its annual report filing and an insider transaction, while management highlighted tariff headwinds and data-center demand.
Dow Steady After Mild CPI; Fed Minutes, GDP, and PCE Data Ahead
The Dow Jones Industrial Average closed slightly higher Friday at 49,500.93 following a softer-than-expected inflation reading, though it posted a weekly loss of 1.2%. Attention now turns to Federal Reserve minutes and critical economic data due after the Presidents Day holiday.
Caterpillar Gains as Argus Boosts Target to $820, Insider Sale Notice Filed
Caterpillar shares advanced 0.6% following a prior surge after Argus Research raised its price target to $820. An insider filed to potentially sell shares worth approximately $9.6 million.
Caterpillar Powers Dow Past 50,000 as Investors Shift to Industrials
Caterpillar surged 7% to $726.20, driving the Dow Jones Industrial Average above the 50,000 milestone. Investors rotated capital from technology into industrial stocks ahead of key U.S. economic data releases next week.