Republican presidential nominee former President Donald Trump speaks at a campaign event at a farm, Monday, Sept. 23, 2024, in Smithton, Pennsylvania.Former President Donald Trump on Monday threatened John Deere with a 200% tariff if the agricultural manufacturer moves production to factories in Mexico."They've announced a few days ago that they're going to move a lot of their manufacturing business to Mexico," the Republican nominee said at a policy roundtable in Smithton, Pa., hosted by the Protecting Ame ...

The maker of John Deere tractors has agreed to pay a $10 million penalty to the US government to settle charges that it lavished Thailand government officials with extravagant trips and visits to massage parlors — bribes that netted its subsidiary more than $4 million in profit. Deere & Co. came to an agreement on Tuesday with the Securities and Exchange Commission, which charged the company with violating the US Foreign Corrupt Practices Act. The Moline, Ill.-based company did not admit to any wrongdoing n ...

SEC Charges John Deere With FCPA Violations for Subsidiary's Role in Thai Bribery SchemeSeptember 10, 2024 4:52 PM EDT | Source: Newsfile SEC Press DigestWashington, D.C.--(Newsfile Corp. - September 10, 2024) - The Securities and Exchange Commission today announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned subsidiary, W ...

Deere & Company (DE) has been facing challenges due to weak farmer spending amid low commodity prices. This weighed on its earnings and share price performance. The U.S. Department of Agriculture's (USDA) report released on Sept. 5 suggests that while farm income will decline in 2024, it will be less severe than previously expected. USDA expects production costs to be favorable for farmers this year. Deere's shares dipped 2% on Sept. 5, following USDA's revised outlook, and have lost 1.2% since. Year to dat ...

Deere & Co. DE, doing business as, John Deere, might be famous for its green tractors, but it's seeing red as news broke of a $9.93 million settlement with the SEC.The charge? Violations of the Foreign Corrupt Practices Act through improper payments made by its subsidiary, Wirtgen Thailand, to foreign officials, including those from Thailand's Royal Air Force, reported Reuters.The stock has been dragging too, down 4.49% YTD and 4.37% over the last year. But despite the legal drama, Deere's fundamentals may ...

PM Images We are always on the lookout for dividend increases. Whether it is on our website or social media platforms, we are always sharing dividend increase news. In this article, we are featuring 6 expected dividend increases in September 2024. You won't want to miss it! Why do we suspect these companies are going to announce a dividend increase in September? The dividend stocks featured in this article all have a history of announcing their annual dividend increases in September. The funny thing abo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file no: 1-4121 DEERE & COMPANY (Exact name of registrant as specified in its charter) Delaware (State of incorporation) 36-2382580 (IR ...

Dmytro Synelnychenko/iStock via Getty Images Introduction Is the U.S. about to enter a recession? Going into this month, that seemed to be the consensus, as poor nonfarm payroll numbers caused investors to believe the Fed may have gone too far by keeping rates too high for too long. For most market participants, predicting the next recession is similar to sports bettors predicting the winner of the Super Bowl. However, just like predicting the Super Bowl, predicting a recession is tough. On August 13, Ben C ...

OSAGE, IOWA - AUGUST 10: John Deere farm equipment is offered for sale at a dealership on August 10, ... [+] 2024 in Osage Iowa. (Photo by Scott Olson/Getty Images)Getty ImagesDeere (NYSE: DE) recently reported its Q3 fiscal 2024 results (fiscal ends in October), with revenues and earnings exceeding the street estimates. The company reported equipment revenue of $11.8 billion and earnings of $6.29 per share, compared to the consensus estimates of $10.9 billion and $5.68, respectively. Following the Q3 beat, ...

As murky as the outlook for farming and construction equipment is, Deere & Company's DE operational quality and capital return have its stock price on track to hit a fresh high soon. The critical details from the Q3 release include top and bottom-line strengths, favorable guidance despite challenging conditions, robust capital return, and a pledge to continue working on costs.  The takeaway is that Deere & Company's business contraction is severe but not as bad as expected, and the company is healthy enough ...