A Deere in Headlights
August 21, 2015 at 11:44 AM EDT
If the ugly market wasn’t bad enough, Deere & Co. (DE) plunged almost 6.9% in recent trading to $84.48 despite posting second-quarter numbers that beat expectations (or more accurately the 40% drop in profit and a 20% revenue decline were less onerous than what the street expected). But Deere faces a drastic downturn in demand […]