On a scorching afternoon in the savanna of eastern Brazil, Wilson Horita is 8 feet above the ground, bouncing on the driver’s seat of the new green-and- yellow tractor parked on his family’s farm.
Deere & Co. cut its full-year profit forecast as sales slow in Asia and Latin America, undermining the growth strategy at the world’s largest manufacturer of agricultural equipment.
Deere & Co. Chief Executive Officer Samuel Allen said Washington’s partisan debate over debt could send a “near-term shock” through a U.S. economy still struggling to recover.
Clayton Dubilier & Rice LLC agreed to buy a majority stake in Deere & Co.’s landscaping business in a transaction valued at $465 million, betting on a revival of property construction.
Harold G. Hamm is lost.
BAE Systems Plc, John Deere Capital Corp. and Darden Restaurants Inc. sold a combined $2.65 billion of bonds, after issuance in the first two days of the week fell 96 percent from a week earlier.
The following issue went on sale today:
"They do not want to lose a customer like us."
- John Deere on Jul 05, 2012