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John Deere profits fall 40% in 2015; will cut 220 workers in Moline as low equipment demand is expected to continue

John Deere profits fall 40% in 2015; will cut 220...

Posted by Wayne Grayson on Dec 01, 2015

With decreased demand for both agriculture and construction equipment impacting the company, John Deere saw massive decreases in both profit and sales ...

CNH Industrial sales drop 24% in 3Q as company posts $128 million loss

CNH Industrial sales drop 24% in 3Q as company posts...

Posted by Wayne Grayson on Oct 29, 2015

Across the board declines continued for CNH Industrial in the third quarter, leading the company to decrease its sales forecast ...

CNH Industrial sales fall 10%, profit plummets in 2Q

CNH Industrial sales fall 10%, profit plummets in 2Q

Posted by Wayne Grayson on Aug 04, 2015

CNH's continued struggles with the global agricultural slowdown continued in the second quarter, compounded by decreased construction equipment sales. The company, ...

Liebherr to take over production of Claas Scorpion ag telehandlers under new deal

Liebherr to take over production of Claas Scorpion ag...

Posted by Wayne Grayson on Jun 30, 2015

Under a new agreement between the two companies, Liebherr will begin manufacturing the Scorpion agricultural telehandlers for fellow European manufacturer ...

John Deere 1Q profit plummets 43% as ag slowdown continues; further declines expected

John Deere 1Q profit plummets 43% as ag slowdown...

Posted by Wayne Grayson on Feb 23, 2015

In recent years, as the effects of the recession were hammering the construction industry and the profit margins of heavy ...

Sales fall again in 4Q as CNH Industrial posts 14% profit decline for 2014 on slumping farm demand

Sales fall again in 4Q as CNH Industrial posts 14%...

Posted by Wayne Grayson on Jan 29, 2015

It wasn't nearly as bad as the third quarter, but the fourth certainly wasn't much better for CNH Industrial which ...

John Deere cuts 910 ag factory workers, adds 220 to construction equipment facilities

John Deere cuts 910 ag factory workers, adds 220 to...

Posted by Wayne Grayson on Jan 23, 2015

John Deere announced today that it would layoff 910 employees across five agricultural equipment factories in Iowa and Illinois as the ...

John Deere cuts outlook as low demand for farm equipment drops profit 14% in 3Q

John Deere cuts outlook as low demand for farm...

Posted by Wayne Grayson on Aug 13, 2014

Despite improving performance from its construction and forestry equipment division, John Deere reported a second-straight quarter of declines in profit ...

CNH Industrial profit falls 33% in 1Q due to softer agriculture equipment demand

CNH Industrial profit falls 33% in 1Q due to softer...

Posted by Wayne Grayson on May 08, 2014

CNH Industrial, makers of the Case Construction and New Holland equipment brands, reported flat revenues during the first quarter of ...

John Deere, CNH, AGCO sue state of New Hampshire, say new “Buicks and Bulldozers” law is unconstitutional

John Deere, CNH, AGCO sue state of New Hampshire, say...

Posted by Wayne Grayson on Sep 10, 2013

John Deere and Company, CNH America LLC and AGCO Corporation have filed a lawsuit against the state of New Hampshire, ...

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