Deere & Company expects flat profits - KWWL - Eastern Iowa Breaking News, Weather, Closings

Deere & Company expects flat profits

Posted:

WATERLOO (KWWL) -- Deere and Company is expecting flat profits in the fourth quarter.

Analysts say the company is saddled by low demand for its farm and construction equipment..

That, plus the drop in prices for crops and the sluggish economy.

Deere has however started to call back some laid-off workers and ramp up production.

 

Online Producer-Chris Becker

Powered by Frankly