Deere & Co.'s fourth-quarter net income rose 17 percent after it raised prices for farm and construction equipment as it aims to keep its profits intact even as the farm economy slows.

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Farm and construction gear maker Deere & Co. says it reached a deal to sell a majority interest in its landscapes business to Clayton, Dubilier & Rice, a private equity firm, for $300 million.

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Deere & Co.'s third-quarter net income rose 27 percent, driven by booming agricultural activity in North and South America. The company easily beat most expectations.

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Farm and construction equipment maker Deere & Co. said Wednesday that its first-quarter net income leaped 22 percent on growing sales of farm machinery at higher prices.

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Farm and construction gear maker Deere & Co. reported a bigger fourth-quarter profit as it sold more equipment at higher prices, but results still missed analyst expectations.

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By Joe Lanane A shared skepticism between industry representatives and the state Department of Natural Resources’ new secretary might kill the agency’s proposed diesel emission rule. “We want to be careful to make sure Wisconsin is not all of a ...

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Deere, UAW reach tentative six-year contract agreement Moline, IL (AP) — Deere & Co. and the United Auto Workers said Thursday they’ve reached a tentative six-year labor contract covering nearly 10,000 workers and 17,000 retirees. The company and union said ...

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Moline, IL (AP) — Deere & Co., the world’s largest agricultural-equipment maker, said Monday its board of directors has approved a plan to establish a new manufacturing and parts center in Russia. The Moline, Ill.-based company said the facility near ...

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Obama starts urban policy outreach with daylong summit at White House Washington (AP) — President Barack Obama has invited political leaders, city advocates and policy experts to the White House to help his administration start writing a national policy on ...

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Daniel Lovering AP Manufacturing Writer Pittsburgh (AP) — Deere & Co. reported 38 percent drop in quarterly profit Wednesday but beat Wall Street expectations, even as tight credit and lower crop prices undercut overseas demand for its tractors and combines. ...

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