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Deere & Company - $DE STOCK NEWS

Welcome to our dedicated page for Deere & Company news (Ticker: $DE), a resource for investors and traders seeking the latest updates and insights on Deere & Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Deere & Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Deere & Company's position in the market.

Rhea-AI Summary
John Deere Foundation (DE): Celebrating 75 years of philanthropy, the Foundation has given over $400 million since 1948, exceeding its goals with $68 million in total giving, 42 million meals provided, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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none
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Rhea-AI Summary
Deere & Company (DE) reported a net income of $2.369 billion for Q4 2023, with full-year 2024 earnings forecasted to be $7.75 to $8.25 billion. Worldwide net sales and revenues decreased 1% for Q4 2023 but rose 16% for the full year. The company's focus on structural profitability and customer value has led to an increase in net income and EPS. Despite the decrease in sales, the company's operating profit has improved, particularly in the construction and forestry segment. Financial services net income for Q4 2023 decreased due to unfavorable derivative valuation adjustments, less-favorable financing spreads, and a higher provision for credit losses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
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-
Rhea-AI Summary
Deere & Company (NYSE: DE) will hold its fourth quarter 2023 earnings call on November 22, discussing the company's financial and operating performance. The call can be accessed at www.JohnDeere.com/earnings, and the recorded call will be available on the Deere website afterward. Deere is a world leader in providing advanced products, technology, and services for agriculture and construction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
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Rhea-AI Summary
Deere & Company has appointed Deanna Kovar as its new President of Worldwide Agriculture and Turf, Small Ag and Turf, and Regions 1 and 2. Kovar will be responsible for managing the company's Small Ag and Turf business and John Deere's performance in Asia, Africa, and Europe. She has a background in channel and product management, precision technologies, and has been with Deere since 2000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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none
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Rhea-AI Summary
The John Deere Foundation announced grants totaling $19 million to World Food Program USA, One Acre Fund, and The Nature Conservancy. These are the three largest grants in the foundation's history and aim to eliminate hunger, uplift resource-constrained farmers, and support global food systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
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none
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Rhea-AI Summary
Deere & Company raises quarterly dividend by 10 cents per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
dividends
Rhea-AI Summary
Deere & Company reported a 10% increase in net sales and higher earnings for the third quarter of 2023. Net income was $2.978 billion, or $10.20 per share, compared to $1.884 billion, or $6.16 per share, in the same quarter last year. Worldwide net sales and revenues increased 12% to $15.801 billion for the quarter and rose 24% to $45.839 billion for nine months. The company's full-year net income forecast has been increased to $9.75 billion to $10.00 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.28%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
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Rhea-AI Summary
Deere & Company announces the election of Neil Hunn, President and CEO of Roper Technologies, to its board of directors. Hunn's expertise in software and technology will contribute to Deere's Smart Industrial operating model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
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none
Deere & Company

NYSE:DE

DE Rankings

DE Stock Data

111.61B
257.92M
0.16%
77.9%
1.08%
Farm Machinery and Equipment Manufacturing
Manufacturing
Link
United States of America
MOLINE

About DE

Deere & Company, doing business as John Deere, is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains used in heavy equipment, and lawn care equipment. The company also provides financial services and other related activities.