Previous close | 6.19 |
Open | 5.88 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 300.00 |
Expiry date | 2025-01-17 |
Day's range | 5.79 - 6.19 |
Contract range | N/A |
Volume | |
Open interest | 1.59k |
(Bloomberg) -- Deere & Co., the world’s top seller of farm machinery, will cut an undisclosed number of employees in its global production and salaried workforce, according to a letter sent to employees Friday that was seen by Bloomberg.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceHomebuyers Are Starting to Revolt Over Steep Prices Across USMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneySaudi Arabia Puts Wall Street on Notice to Set
Deere and Caterpillar —industry leaders widely known for the big machines they make—are connected in another way. Institutional investors often buy stock in one and sell the other, depending on how the economy looks. Right now, Deere stock is the more popular choice.
We recently prepared a comprehensive report of the 11 Largest Heavy Equipment Manufacturers in the World. In this free report, we have discussed each company in detail. Click here to see the free report. For context, Heavy-duty equipment is a specific category of machinery used for heavy-duty work, such as construction, forestry, mining, and industrial […]