Deere trims earnings forecast on trade war woes

  • 📰 Reuters
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates...

) third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for its farm machines, forcing the company to revise down its full-year profit and sales growth forecasts.

China imported $9.1 billion of U.S. farm produce in 2018, down from $19.5 billion in 2017, according to the American Farm Bureau. Deere said industry sales of agricultural equipment to be about the same as last year in the United States and Canada, which account for 60% of its overall business. Sales in the region were earlier projected to be flat to up 5% earlier.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Trade wars are fun and easy to win...

Worldwide trade war woes. Try saying that three times.

Trump = WINNING!!

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks making the biggest moves premarket: Deere, Nvidia, GE, Facebook, Capital One & moreThese are the stocks posting the largest moves before the bell. No they are not a good investment at all. They will crash and can be hacked and only a sick nosey body wants to sit and watch them all day. Fed Ex is the best investment at this time I just woke .Ill tell more later GE is going to tank like insane....
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »