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ID: 23973
Title: Deere stock hits new high on outlook (Reuters)
Description:

Joe Kejr looks over his John Deere 4720 sprayer, used to apply fertilizer as a top dressing, on his farm near Brookville, Kan., Monday, Feb. 12, 2007. Lawmakers and farm groups have questions about President Bush's plan to reduce agriculture spending overall, cut subsidies to producers earning more than $200,000 in adjusted gross income and make it more expensive to buy crop insurance.(AP Photo/Larry W. Smith)Reuters - Deere & Co. , the world's largest maker of agricultural equipment, reported higher-than-expected quarterly profit on Wednesday and raised its fiscal-year outlook, sending its shares up as much as nearly 11 percent to an all-time high.


Category: Business/Company Earnings/
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Date Added: February 14, 2007 09:33:02 PM
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