DE Aug 2024 350.000 put
OPR - OPR Delayed price. Currency in USD
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- Zacks
Deere (DE) Stock Falls 9.8% YTD: Should You Buy on the Dip?
Deere's (DE) price performance is unimpressive so far this year, reflecting a weak demand outlook for agricultural equipment amid low commodity prices and farm income.
- Associated Press Finance
Struggling with falling demand for farm equipment, Deere & Co. announces nearly 600 layoffs
Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined 310 workers will be let go at the Iowa locations.
- Barrons.com
Caterpillar Stock Is a Better Bet Than Deere’s, Says Analyst. This Is Why.
Citi analyst Kyle Menges launched coverage of several U.S. machinery stocks. He has a Buy rating on Caterpillar stock, and a Hold rating on Deere’s.
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