Deere & Co. Boosts FY23 Net Income Outlook As Q1 Results Top Estimates

Deere Stock Drops On Revised FY25 Outlook, Even As Q3 Beats Street

Deere & Co. shares were losing around 8 percent in the pre-market activity on the NYSE, after the firm on Thursday trimmed the higher end of its fiscal 2025 profit outlook range after reporting weak results in its third quarter. The farm and construction equipment manufacturer noted that its customers remain cautious amid ongoing uncertainty. Meanwhile, quarterly earnings per share and top line be

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John Deere Mowers With Kawasaki Engines Recalled

Kawasaki Motors Corp. U.S.A. has recalled about 39,000 units of select John Deere mowers from Illinois-based Deere & Co. with Kawasaki enginess, citing fire and burn risks, the U.S. Consumer Product Safety Commission said. About 2,600 units sold in Canada were also impacted. The recall involves John Deere ZTrak Zero Turn Mowers with model numbers Z720E, Z730M, Z740R and Z760R with Kawasaki engines

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John Deere Recalls 165K Compact Utility Tractors

Moline, Illinois-based Deere & Co. is recalling about 147,900 units of Compact Utility Tractors citing risk of crash, according to the U.S. Consumer Product Safety Commission. In addition, about 16,800 units were sold in Canada. The recall involves John Deere 1023E, 1025R, and 2025R Compact Utility Tractors in green and yellow, and were sold with both opened and closed operator stations.

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CPSC Recalls: Kawasaki Engines, Ascenders, Biometric Gun Safes, Pet Conditioner, Sling Carriers

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including Kawasaki Engines in select lawn and garden equipments, Ropeman 1 Ascenders, Biometric gun safes, pet conditioner, and sling carriers, citing various reasons. In most of the recalls, consumers are urged to immediately stop using the recalled product, and contact the respective firm for either a free repair...

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Deere & Co. Initiates FY24 Net Income Outlook As Q4 Results Top Estimates

While reporting financial results for the fourth quarter on Wednesday, Deere & Co. (DE) initiated its guidance for net income attributable to the company for the full-year 2024 in a range of $7.75 billion to $8.25 billion.

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Sensex, Nifty Seen Higher At Open

Indian shares look set to open on a positive note Thursday, tracking mostly firm cues from global markets on renewed hopes of a Federal Reserve rate cut.

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Thai Stock Market May Challenge 1,300-Point Mark

The Thai stock market on Wednesday snapped the two-day slide in which it had tumbled almost 50 points or 3.9 percent. The Stock Exchange of Thailand now sits just above the 1,285-point plateau and it's expected to see a steady start again on Thursday.

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Indonesia Stock Market May Find Traction On Thursday

The Indonesia stock market has finished lower in three straight sessions, stumbling more than 200 points or 2.6 percent along the way. The Jakarta Composite Index now rests just above the 8,050-point plateau although investors may go bargain hunting on Thursday.

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