Welcome to our dedicated page for Deere & Co news (Ticker: DE), a resource for investors and traders seeking the latest updates and insights on Deere & Co stock.
Deere & Company (NYSE: DE), the global leader in agricultural and construction equipment manufacturing, maintains this dedicated news hub for investors and industry professionals. Access official press releases, financial updates, and strategic announcements from the pioneer of precision agriculture technology.
This resource consolidates John Deere's operational developments across its core segments: advanced farming machinery, intelligent construction solutions, and integrated financial services. Users will find timely updates on earnings reports, product innovations, sustainability initiatives, and market expansion efforts.
Key content categories include quarterly financial disclosures, leadership updates, technological advancements in autonomous equipment, and dealer network developments. All materials are sourced directly from the company to ensure regulatory compliance and factual accuracy.
Bookmark this page for streamlined access to DE's corporate communications. Combine these verified updates with Stock Titan's analytical tools to monitor the company's performance in capital-intensive industries and evolving global markets.
The LEAP Coalition has partnered with the Center for Heirs' Property Preservation to address barriers faced by Black farmers regarding heirs' property. Established by John Deere, the National Black Growers Council, and the Thurgood Marshall College Fund, the coalition aims to enhance Black farmers' livelihoods. The Center provides legal assistance to clear property titles, crucial for enabling sustainable land use and generational wealth. John Deere's investment will expand the Center's resources, aiding families in securing clear titles and preserving their land.
Deere & Company (NYSE: DE) will conduct its fourth quarter 2022 earnings call on November 23, 2022, at 9:00 a.m. central time. The earnings call is intended for analysts, investors, and the financial community to review the company's financial and operational performance. Interested parties can access the call via www.JohnDeere.com/earnings, where a recording will also be available afterwards. Deere continues to lead in providing advanced products and technology in agriculture and construction sectors.
On November 11, 2022, Deere & Company (NYSE: DE) announced a partnership with the U.S. Army Reserve Private Public Partnership Office to assist service members transitioning to civilian careers. The agreement enhances access to education and skills development for active-duty soldiers moving into the reserves, addressing high unemployment rates among veterans. Since joining the SkillBridge program in August 2020, over 395 service members have filled critical roles at Deere. This initiative aims to improve financial stability for veterans and support local community growth.
Deere & Company (NYSE: DE) has announced a partnership with Advantage Capital's Empower the Change growth fund, committing $500 million over three years to support entrepreneurs of color. This initiative aims to enhance diversity within the agricultural supply chain, fostering community wealth and equitable opportunities. The partnership reflects Deere's commitment to social and economic change in underrepresented communities. Historically, Deere has worked with various organizations to strengthen Black farmers' livelihoods, demonstrating its focus on promoting equity in agriculture.
Deere & Company (NYSE: DE) has partnered with Iowa State University to create a demonstration farm aimed at testing sustainable agricultural practices over a five-year cycle. The 80-acre site will focus on four distinct crop production systems, measuring key metrics like productivity, soil health, and water quality. This initiative aligns with Deere's Leap Ambitions for enhancing economic value and sustainability for farmers. The partnership also aims to provide educational opportunities and practical farming solutions based on real-world challenges.
Deere & Company (NYSE: DE) has received validation from the Science Based Targets initiative (SBTi) for its emissions reduction targets, aligning with requirements to limit global warming to 1.5°C. The company aims to decrease its absolute scope 1 and 2 greenhouse gas emissions by 50% by 2030, compared to 2021 levels, and reduce its scope 3 emissions by 30% in the same timeframe. This acknowledgment supports Deere's sustainability strategy, which includes commitments to product circularity and reducing environmental impact while providing greater value to customers.
Deere & Company (NYSE: DE) has appointed Justin R. Rose as President of Lifecycle Solutions, Customer Support & Supply Management, effective October 31, 2022. Rose, formerly a senior partner at Boston Consulting Group, will lead aftermarket services and logistics, focusing on the company's customer-success and recurring-revenue strategies. His experience includes developing Deere's Smart Industrial strategy and managing BCG's North American industrial-goods practice. CEO John C. May emphasized Rose's global perspective and industry insights as key to achieving ambitious business goals.
On September 30, 2022, employees of John Deere's Horicon Works ratified a new four-year collective bargaining agreement with the International Association of Machinists and Aerospace Workers (IAM) Local 873. The contract, which covers 900 workers, was overwhelmingly approved with over 80% in favor. This agreement is seen as a step towards economic progress for employees while ensuring John Deere's competitiveness. The Horicon facility is notable for producing key products like the Gator utility vehicle and lawn tractors, with a long-standing presence in the community since 1911.
Deere & Company (NYSE: DE) has issued a request for proposals (RFP) to enhance satellite communications (SATCOM) for its fleet of intelligent machines. This initiative aims to improve satellite connectivity for customers, enabling them to leverage innovative technologies that require real-time data and communication. The company seeks strategic partnerships to connect both new and retrofitted machines through SATCOM, leading to increased productivity and efficiency in agriculture. The effort reflects Deere's commitment to support global food and fuel production.
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