148.49 +0.35 (0.24%)
After hours: 6:33PM EST
|Bid||148.01 x 800|
|Ask||148.49 x 800|
|Day's Range||148.00 - 151.59|
|52 Week Range||128.32 - 175.26|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||20.46|
|Earnings Date||Feb 15, 2019|
|Forward Dividend & Yield||3.04 (2.06%)|
|1y Target Est||176.06|
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In a press release on December 5, Dow, a subsidiary of DowDuPont (DWDP), announced that it had opened a flagship store on 1688.com, an online wholesale purchasing platform owned by Alibaba. This move is expected to help customers in China buy Dow products online and is in line with Dow’s digitalization strategy and is also seen as an opportunity to explore new business.
MOLINE, Ill. , Dec. 5, 2018 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today increased the company's quarterly dividend to $.76 per share on common stock. The dividend is payable ...
The trade war between the US (QQQ) (IVV) and China started with a view on trade imbalances. However, the trade war escalated and includes more far-reaching and strategic issues like technology transfers, intellectual property rights, and China’s (MCHI) ambitions of marching up the value chain in key strategic industries. The hope that China would give up on its ambitions and quickly open up its markets to foreign companies is wishful thinking. Market participants have been debating how the trade issues can be resolved. One of the big questions is who will lead the trade talks with China during the truce.
Manchester United, Big Five Sporting, Caterpillar, Terex and Deere highlighted as Zacks Bull and Bear of the Day
Sales of tractors and combines to farmers hurt by tariffs on U.S. crops and meat are slowing, jeopardizing a nascent recovery for agricultural-machinery makers. While other machinery manufacturers have generated strong sales recently, thanks to the robust U.S. economy, agricultural-equipment makers, including Deere & Co. and CNH Industrial NV, were slower to benefit from that strength because farmers’ incomes have been hurt by four years of low crop prices. Farm-equipment sales began to climb earlier this year, raising hopes that some farmers were replacing older machinery, regardless of crop prices.
The day's laggards included soap stocks, beverages, food, tobacco and utilities. Bulls welcomed the shift away from defensive issues.
has been stuck in a sideways trading range since April. In this daily bar chart of DE, below, we can see the trading range described above. The daily On-Balance-Volume (OBV) line has strengthened the past five weeks and the Moving Average Convergence Divergence (MACD) oscillator just crossed to the upside of the zero line for an outright go long signal.
On a recent earnings call, executives homed in on agricultural equipment demand, a benign outlook for the company's construction and forestry segment, and a new long-term operating margin target.
Deere & Co. said Senior Vice President Jean Gilles will retire, effective Jan. 11, after 38 years with the company. Gilles is SVP of power systems, worldwide parts services, advanced technology and engineering, and global supply management and logistics. The industrial equipment maker's stock rallied 4.8% in morning trade Monday, putting them on track for the highest close since March 16. The announcement comes about two weeks after Deere reported fiscal fourth-quarter earnings and revenue that missed expectations, and provided a mixed outlook, but the stock still rose 2.4% that day. The stock has now run up 13% over the past three months, while the Dow Jones Industrial Average has slipped 0.8%.
The market is surging today following a “highly successful meeting” between President Donald Trump and President Xi Jinping of China, where the two agreed to immediately begin trade negotiations and put a pause on any tariff increases for 90 days. Agriculture stocks are some of the best-performing stocks because China also agreed to begin purchasing products from U.S. farmers immediately.
MOLINE, Ill., Dec. 3, 2018 /PRNewswire/ -- Deere & Company (NYSE: DE) today announced realignment of responsibilities for some members of its leadership team in response to the planned retirement of a ...
President Trump and President Xi had a “highly successful meeting” in Argentina this weekend. Several industrial stocks should react positively to the news.
Soybean futures for January delivery rise 1.7 percent after President Donald Trump and Xi Jinping agreed to hold off on additional tariffs for 90 days starting in the new year. As part of the agreement, "China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural" products from the U.S. Shares of Deere & Co. jump more than 4 percent.
Deere's stock has been unfairly punished because of fears over the impact of tariff actions, and there's reason for investors to be positive on its prospects going forward.
NEW YORK, Nov. 30, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
John Deere pioneered the use of the steel plow when he fashioned one out of a saw blade in 1837. Farmers quickly saw the benefits of this invention and adopted the technology, subsequently ushering in the era of mechanized farming in the early 1900s. Now in the 21st century, wide-moat Deere DE is the world's pre-eminent manufacturer of agricultural equipment.
Overseas profit growth at American firms is slowing, a new sign of how the faltering global economy is reverberating back to the U.S. U.S. profits earned overseas rose 7% in the third quarter from a year earlier, a slowdown from profit growth of 13.7% in the second quarter and 15.6% in the first, the Commerce Department reported Wednesday. The corporate profit figures came alongside the agency’s second estimate for third-quarter gross domestic product, which was unrevised at a 3.5% seasonally adjusted annual rate.
The trade truce between the U.S. and China is sending stocks soaring. Yahoo Finance’s Seana Smith has details from the New York Stock Exchange.