Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.
Tractors
Deere’s quarterly profit falls as U.S. tariffs bite farm equipment margins
AgWest breaks ground on expansions in Brandon, Russell
Farm equipment dealer says new facilities will pave the way for better, faster service for local farmers in two areas of western Manitoba
Farm equipment dealer AgWest says new facilities will pave the way for better, faster service for farmers in two areas of western Manitoba
CNH Industrial posts upbeat results as cost-cuts cushion slump in equipment demand
Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset pressures from lower sales and production.
Deere must face FTC’s antitrust lawsuit over repair costs, US judge rules
Suite alleges Deere violated U.S. antitrust laws by controlling too tightly where and how farmers could repair equipment
Agriculture equipment giant Deere must face a lawsuit by the U.S. Federal Trade Commission accusing the company of forcing farmers to use its authorized dealer network and driving up their costs for parts and repairs, a U.S. judge has ruled.
CNH Industrial lowers annual profit forecast on softening equipment demand
Farm and construction equipment maker CNH Industrial on Thursday slashed its annual profit forecast, hurt by subdued demand for its machines amid economic uncertainty triggered by U.S. President Donald Trump’s sweeping tariffs.
CNH Industrial names James Nickolas as CFO
Tractor maker CNH Industrial on Thursday named James Nickolas as its new chief financial officer, succeeding company veteran Oddone Incisa.
Once king of the field: Tales of an antique tractor
Looking back at the legacy of one Aultman Taylor 30-60 tractor in Manitoba
Looking back at the legacy of one antique Aultman Taylor 30-60 tractor in Manitoba.
CNH brands introduce new utility tractors
Updates to the Farmall C and PowerStar lines come from Case IH and New Holland
Two CNH brands, Case IH and New Holland, are showing off the updated line of utility tractors they intend to offer farmersthis year.
Tractor, combine sales face downward trend
Sales of farm tractors and combines have declined over the last year in North America
Sales of combines are a handy gauge for farmer optimism. This winter, farmers weren’t feeling it.
Anti-tariff lobbyists struggle in Washington
A prominent lobbyist in Washington, D.C., who represents manufacturers of machinery and farm equipment in America is having little success with U.S. president Donald Trump's administration on tariffs.