Deere & Co. is selling more debt than at any time in its history, exploiting demand from investors who are charging unprecedented low interest rates even as the world’s largest maker of farm equipment said it won’t be as profitable as forecast.
Deere & Co., the largest maker of agricultural equipment, may post a 37 percent gain in earnings on higher farm income and foreign sales while the worst U.S. drought in five decades weighs on performance next year.
Philip Falcone’s LightSquared Inc. wireless venture will interfere with agricultural equipment even if it follows its plan to lessen interference with the U.S. global-positioning system, a Deere & Co. official said.
The U.S. Securities and Exchange Commission spent $2.5 million on a court-rejected rule aimed at making it easier for shareholders to put board nominees on corporate ballots, according to the agency’s top official.
Five more companies are ending their financial support of a public policy group that has worked with state lawmakers to pass pro-gun ownership and voter- identification laws, a civil rights group said today.
Deere & Co., the world’s largest farm equipment maker, expects deliveries of some excavators and mining equipment will be delayed in the aftermath of the earthquake and tsunami that struck Japan last week.
Governors in New Jersey , Indiana and Wisconsin, angling to steal jobs from Illinois after its record tax increase, may find that employers consider a broader range of concerns as they decide their future in the Land of Lincoln.