Deere sees profit soar on domestic farm sales
by Associated Press Published: August 18,2010
Tags: agriculture, equipment, manufacturing
MOLINE, Ill. — Deere & Co. says its third-quarter profit grew 47 percent with American and Canadian farmers buying enough of the company’s large equipment to offset weak demand in Europe. The company said today it generated $617 million net income, or $1.44 per share, in the quarter. That’s up from $420 million, or 99 cents [...] [...]
