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Rajesh Kumar Singh


Stories by Rajesh Kumar Singh

(JimPattison.com)
Crops, Machinery, Markets

Deere lifts 2021 forecast on solid equipment demand

By Rajesh Kumar Singh, Sanjana Shivdas August 21, 2021
Reuters — Deere and Co. on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street estimates on the back of strong demand for farm and construction equipment. […] Read more

John Deere in October announced updates to its 7R tractor line for 2020, including the 7R 210 shown here. (Deere.ca)
Machinery

Deere bets on cost cuts, services push to boost profits

By Rajesh Kumar Singh January 8, 2020
Chicago | Reuters — Deere and Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more […] Read more


A photo from John Deere’s Sept. 17, 2019 rollout of its 6M tractor series for 2020. (Deere.ca)
Crops, Machinery

Deere to lay off 163 U.S. workers as trade war dents demand

By Rajesh Kumar Singh October 1, 2019
Chicago | Reuters — Deere and Co. on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, […] Read more

Machinery, News

Deere cautious on 2019 profit after recently missing fourth quarter estimate

The company is hoping replacement demand and good crops will increase sales in 2019

By Rajesh Kumar Singh December 14, 2018
Chicago | Reuters – Deere & Co on Nov. 21 gave a cautious profit forecast for fiscal 2019 after missing quarterly earnings estimates amid a U.S. trade battle with China […] Read more

(Deere.ca)
Machinery

Deere plans price increases to offset rising costs

By Rajesh Kumar Singh May 21, 2018
Chicago | Reuters — Shares of Deere and Co. soared Friday after the U.S. tractor maker revised up its full-year earnings estimate on stronger equipment demand and shared its plans […] Read more


(Deere.ca)
Crops, Machinery

Deere upgrades 2018 outlook on improving equipment demand

By Rajesh Kumar Singh February 16, 2018
Reuters — U.S. farm equipment maker Deere and Co. on Friday boosted its sales outlook for fiscal 2018, citing strengthening conditions in agricultural and construction markets, sending its shares higher. […] Read more

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