News that White House and Senator group have struck a deal on infrastructure sends the usual suspects higher today
The White House has announced that it has struck an infrastructure deal with a bipartisan group of 10 Senators. There are almost no details on the deal and it’s not at all clear that President Biden will be able to convince the progressive wing of his own party...
Two stock picks that are both growth and value to add to the Millennial Portfolio for long-term investors
Sure looks like a market struggling with rotations between growth and value stocks. One day the growth stocks sell off on fears of higher interest rates and rising inflation or something–and because after such a strong rally in the style growth stocks are very...
Tariffs up, talks end, Chinese retaliation next
Whatever the ultimate end point of the trade talks between the United State and China, the next step is almost certainly the announcement of retaliatory measures by China in the wake of the Trump administration’s decision to raise tariffs on $200 billion of...
Deere beats on earnings, raises guidance, soars 7.3% on the day
Before the market open today, Deere (DE) reported fiscal second quarter earning of $2.14 a share. (That excludes the gain from the sale of SiteOne Landscape Supply for $111 million.) Those earnings were 45 cent a share better than the Wall Street consensus of $1.69 a...
Deere signals bottom for farm stocks
Deere (DE), the world’s biggest maker of farm machinery, is signaling that the worst is over in for its industry even as the U.S. Department of Agriculture is projecting another down year for farm incomes. In fiscal first quarter earnings reported today Deere said...
Deere soars on big earnings beat from cost cutting
Update August 19, 2016. It’s not often that you’ll see a stock climb 13.49% on the day when the company announces that full year sales will fall 10%, worse than the 9% drop it had forecast earlier. But that’s the story today for Deere (DE.) The...
Buy Deere (DE)
Earnings as high as an elephant’s eye. Yes, I’m being corny but corn is the big story for Deere. Deere gets about 55% of its sales from farm equipment and the company controls about 50% of the North American market for agricultural equipment. So you can...Buy Deere & Co (DE)
Another quarter (Q2, announced in mid-May 2009), another depressing take on demand for Deere’s (DE) agricultural and construction machinery. On the farm equipment front, the problem isn’t in North America, where sales fell just 4% from the first quarter of 2008, but...Jim’s Daily Email Alerts:
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