News Summary: Deere & Co. 4Q results

(AP) - DOWN ON THE FARM: Deere & Co. predicted a profit of about $3.2 billion, better than analysts expected. But it was cautious on several fronts. And fourth-quarter results missed analysts' expectations.

2013 FARM EQUIPMENT SPENDING HARVEST: U.S.: Flat. Europe: Flat to down 5 percent. South America: Up 10 percent. Asia: Little change.

ROW TO HOE: Deere is holding back on big spending projects until January, to see how the economic situation shapes up.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Top Stories
MyNorthwest.com - Purpose of Comments statement
Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.

Comments