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Tag Archives earnings


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

(CNW Group/Tilray)
Crops

Cannabis firm Tilray sees growth slowing

By Reuters August 14, 2019
Reuters — Pot producer Tilray Inc. reported a wider-than-expected quarterly loss on Tuesday, as it ramped up investments to boost production and warned of muted growth in the Canadian recreational […] Read more

Elanco Animal Health CEO Jeff Simmons speaks during an interview at the New York Stock Exchange (NYSE) on Sept. 20, 2018. (Photo: Reuters/Brendan McDermid)
Livestock

Bayer, Elanco said aiming to reach animal health deal next week

By Reuters August 7, 2019
Reuters — Germany’s Bayer and U.S. drug firm Elanco Animal Health aim to reach an agreement to combine their animal health businesses as soon as next week, Bloomberg reported Wednesday, […] Read more

(Dave Bedard photo)
Crops, Markets

Major grain traders face one-two punch from U.S. floods, trade war

By Karl Plume July 11, 2019
Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a […] Read more


Signage on a Tweed retail outlet in Winnipeg. (Dave Bedard photo)
Crops

Weed leader Canopy Growth ousts co-CEO

By Debroop Roy, Nivedita Balu July 3, 2019
Corrected, Aug. 27, 2019 — Reuters — Canopy Growth Corp. fired founder and co-CEO Bruce Linton, a surprise move that comes just a week after the Canadian cannabis producer’s largest […] Read more

(Dave Bedard photo)
Crops, Markets

Bunge moves from regional to global operating model

By Karl Plume May 9, 2019
Chicago | Reuters — U.S. agricultural commodities trader Bunge on Wednesday overhauled its global operations and named a new chief financial officer in the latest shake-up for the 200-year-old company […] Read more

(JBSs.infoinvest.com.br)
Livestock, Markets

JBS predicts profits will be stronger this year

By Ana Mano March 29, 2019
Sao Paulo | Reuters — JBS SA executives said Friday the Brazilian meat company will deliver higher earnings in 2019 on strong demand for beef in the U.S. and Australia […] Read more


(Dave Bedard photo)
Crops

Bayer reaps profit lift from Monsanto

By Ludwig Burger February 27, 2019
Leverkusen, Germany | Reuters –– Bayer’s US$63 billion purchase of seed and chemical firm Monsanto made its mark on the German company’s fourth quarter earnings on Wednesday, lifting profit and […] Read more

(JBSs.infoinvest.com.br)
Livestock, Markets

JBS posts narrower-than-expected quarterly loss

By Ana Mano November 13, 2018
Sao Paulo | Reuters — Brazil-based food company JBS SA on Tuesday posted a narrower than expected quarterly loss on the back of a strong performance by its Seara processed […] Read more

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