Bolsafinanzas.com

Deere shares jump 7% after earnings beat


Equipment sales at Deere are expected to move up 9% for its fiscal 2017 year and by 18% for its third quarter in comparison with the same 2016 periods.

Deere & Co. reports earnings, Friday, May 19, 2017.

Diputados piden investigación a fondo — Asesinato Javier Valdez
El gremio de periodistas se movilizó con manifestaciones y la iniciativa de #UnDía Sin Periodismo , a la que algunos medios se acogieron.

Especially worth noting, sales rose for the first time in 13 quarters due to demand for construction equipment, not to mention those trademark green tractors and other farm machinery. The company now expects sales to rise 9% through October, up from its earlier estimate of about a 4% increase. This was higher than $495.4 million, or $1.56 per share, in last year's second quarter.

The revisions came as Deere reported "signs of further stabilisation" in market conditions, after a downturn fuelled by the dent to farm incomes from weaker crop prices.

FedEx hit by 'WannaCry' ransomware
Computer systems at companies and hospitals in dozens of countries were hit Friday, apparently part of a huge extortion plot. Some have also been machines involved in manufacturing or hospital functions, hard to patch without disrupting operations.

Year over year, quarterly net sales in the worldwide equipment operations group rose 2% overall, including a decline of 5% in the United States and Canada offset by an increase of 14% elsewhere, with no material effect from currency exchange rates. Deere's performance also reflects the sound execution of our operating plans, the strength of a broad product portfolio, and the impact of our actions to develop a more agile cost structure. Its adjusted revenue was $7.26 billion, which also topped Street forecasts. As a result, we have raised our forecast and are now calling for significantly higher earnings for the full year.

Shares rose 7% in premarket trading as the company topped profit expectations in its second quarter.

1 killed, 22 injured in Times Square fatal auto incident
Broadway shows would go ahead as planned on Thursday evening in the many theatres in the area, organizers said in a statement. New York City Mayor Bill de Blasio said 22 more people were injured in the collision, including Elsman's 13-year-old sister.

In last quarter's release, Allen noted that the worst of that recession may be over.

Artículos relacionados

  • Anthony Weiner expected to plead guilty in sexting case

    Anthony Weiner expected to plead guilty in sexting case

    A spokesman for the law firm representing Weiner , Covington & Burling, said he would plead guilty before U.S. But Clinton partly blamed her election loss to Republican Donald Trump on Comey's announcement.

    Relatores de CIDH y ONU condenan crimen de Valdez

    El asesinato de Valdez se sumó a los de Cecilio Pineda, Ricardo Monlui , Miroslava Breach , Máximo Rodríguez y Filiberto Álvarez en México este año.

    Trump denuncia caza de brujas por fiscal nombrado para investigación rusa

    El entramado entre la campaña de Donald Trump y su relación con Rusia continúa abriendo flancos en la Casa Blanca. El anuncio lo realizó el asistente del fiscal general, Rod J.
  • One dead after vehicle  'ploughs into pedestrians in New York'

    One dead after vehicle 'ploughs into pedestrians in New York'

    Several people were injured and one was killed when a speeding auto drove through Times Square on Thursday around lunch time. In previous arrests, he told authorities he believed he was being harassed and followed, one of the police officials said.
    Betsy DeVos Wants to Kill a Major Student Loan Forgiveness Program

    Betsy DeVos Wants to Kill a Major Student Loan Forgiveness Program

    Trump's budget proposal would cut that almost in half, with a $490 million reduction to the Federal Work Study program. Indeed, some recently obtained documents revealed that the changes will greatly impact college students and graduates.

    ICJ orders Pakistan to stay Jadhav execution

    The death sentence to Jadhav was handed out by a Pakistani military court on 10 April on charges of espionage. As an immediate effect , Pakistan is now under an obligation to grant consular access to Mr.
  • Corte Suprema de Brasil ordena suspender el mandato del senador Aécio Neves

    La Policía también registró los gabinetes en el Congreso de Neves, Loures y del senador Zezé Perrela, un importante aliado del excandidato presidencial.
    Identificado el presunto responsable del atropello múltiple en Times Square

    Identificado el presunto responsable del atropello múltiple en Times Square

    Se trataba de un Honda morado que quedó apoyado contra un poste de luz y una barrera metálica en el borde de la calle. Decenas de ambulancias, carros de bomberos y coches policiales acudieron rápidamente al lugar del hecho.
    Always Dreaming a 4-5 Preakness Favorite

    Always Dreaming a 4-5 Preakness Favorite

    Early Kentucky Derby favorite Classic Empire is second in the betting at Pimlico after a fourth-place finish at Churchill Downs. He won his first three races at Sunland Park and finished second in his last two, the Sunland Derby and the Arkansas Derby.
  • Newcastle United tempted by Huddersfield midfielder Aaron Mooy according to reports

    Newcastle United tempted by Huddersfield midfielder Aaron Mooy according to reports

    Although there are a few Newcastle fans yet to be convinced that Mooy is what the club need in the Premier League next season... He said: "I've had no contact from anybody at Huddersfield regarding Aaron Mooy for next season".
    Mike Brown Late to Game Two, Pulled Over by Police

    Mike Brown Late to Game Two, Pulled Over by Police

    The Warriors' bench combined for 63 points in the win, their highest total in any game this season (regular season or playoffs). George could join them just as they're ready to win and reap outsized credit for turning around the franchise.
    Trump claims 'witch hunt' as special counsel takes lead

    Trump claims 'witch hunt' as special counsel takes lead

    Fellow Republican Peter King of NY , however, was more leery: "I'm anxious with all special counsels because there's no control over them and they can abuse their power".

Comentarios