Deere (DE) closed the most recent trading day at $371.77, moving -1.33% from the previous trading session. This move lagged the S&P 500's daily loss of 0.5%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq lost 1.28%.Shares of the agricultural equipment manufacturer witnessed a gain of 4.37% over the previous month, trailing the performance of the Industrial Products sector with its gain of 4.4% and outperforming the S&P 500's gain of 0.1%.Analysts and investors alike will be keeping a close eye ...

Tractor giant John Deere faced backlash after announced it was laying off hundreds of workers across the Midwest — even as it continues to operate a manufacturing hub in Mexico.The Illinois-based company, which is the world’s largest seller of large tractors and other farm equipment, informed hundreds of employees in Iowa last week that they were out of a job.Around 100 people will come from the plant in Dubuque, according to Hoosier Ag Today. 3 John Deere is the world’s largest seller of farming equipmen ...

Deere (DE) closed the most recent trading day at $380.64, moving -1.17% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.78%. At the same time, the Dow lost 1.29%, and the tech-heavy Nasdaq lost 0.7%.Prior to today's trading, shares of the agricultural equipment manufacturer had gained 0.62% over the past month. This has lagged the Industrial Products sector's gain of 4.21% and the S&P 500's gain of 2.14% in that time.Analysts and investors alike will be k ...

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Deere presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.Start slideshow: 10 Oversold Dividend Stocks »But making ...

MOLINE, Ill., July 8, 2024 /PRNewswire/ -- In the aftermath of the recent flooding that has left over 500 homes damaged in Rock Valley, Iowa, John Deere and its employees have stepped up to support fellow team members and the local community during this challenging time.Rock Valley, IowaEmployee VolunteersEmployee Volunteers"The devastation I found when I arrived in Rock Valley to volunteer is heartbreaking, but this community is so resilient," said Heather Van Nest, Director of Region 4 Aftermarket & Custo ...

Deere & Company (DE) shares have plunged 9.8% in the year-to-date period compared with the Zacks Manufacturing - Farm Equipment industry’s 8.9% decline. It has also lagged the broader Zacks Industrial Products sector’s 3.1% gain and the S&P 500’s climb of 15.0%. The manufacturer of the iconic green and yellow agricultural equipment has been grappling with elevated production costs and weak demand as farmer spending has been impacted amid low agricultural commodity prices and higher interest rates.Deere’s Un ...

Agricultural machinery specialist Deere (NYSE:DE) — which conducts business as John Deere — encountered choppy price action in the market on Friday. Regional news reports indicate that management will implement job cuts. Obviously, the John Deere layoffs are most damaging to the impacted workers. However, the move also features broader economic implications.On Thursday, KWQC — a news channel based out of Davenport, Iowa — stated that it obtained a Deere corporate memo regarding a mandatory meeting set for e ...

The one thing with the robotics industry is it can only grow bigger. And with this growing trend, more investors are increasingly on the lookout for which robotics stocks to buy now.More and more businesses across all manner of industries are turning to automated machines to accomplish tasks. That’s because they want to get things done faster, cheaper and with fewer mistakes. Robots in factories, for example, can help manufacture more products for far less cost and with far fewer errors.The global robotics ...

Selecting dividend stocks to buy involves more than just pursuing high yields. Many companies with limited growth prospects resort to distributing excess cash to shareholders to keep the wolves (activist investors and angry stakeholders) at bay rather than face scrutiny for stagnant operational models.More concerning is when firms borrow funds to artificially boost their dividend yields. This tactic has waned in popularity due to rising interest rates but hasn’t completely disappeared, as other deceptive pr ...

Deere (NYSE:DE) layoffs are a hot topic on Wednesday after the tractor and farm equipment company announced job cuts coming in 2024.Deere let its employees know about the layoffs and then announced them to the public via a filing with the Securities and Exchange Commission (SEC). In that filing, the company notes that it is reducing jobs in its production and salaried workforce.Deere is enacting these layoffs to help it meet strategic priorities while also reducing overlap. It will also help cut down on red ...