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Started in 1837, Deere (DE) is a US company involved in the production of machinery, drivetrains and engines. Also, Deere specialises in finance and offers a range of finance-related services like account management, equipment loans, leasing and so on. The company’s global headquarters are based in Moline, Illinois, the US. Deere is an acknowledged leader in agricultural equipment production. Its product portfolio includes tractors, combines, seed drills, cotton pickers, etc. Their construction portfolio introduces excavators, loaders, graders, etc. In 2016, the company made a Fortune 500 list. Deere has a listing on the New York Stock Exchange (NYSE) and is included in the S&P 500 market index. To stay updated on the Deere share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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