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	<title>Stock Blog Hub &#187; Deere &amp; Company</title>
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		<title>(DE) Deere &amp; Company Announces More Layoffs</title>
		<link>http://www.stockbloghub.com/2009/09/11/de-deere-company-announces-more-layoffs/15019</link>
		<comments>http://www.stockbloghub.com/2009/09/11/de-deere-company-announces-more-layoffs/15019#comments</comments>
		<pubDate>Fri, 11 Sep 2009 22:07:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[DE]]></category>
		<category><![CDATA[Deere & Company]]></category>

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		<description><![CDATA[Deere &#38; Company (DE) announced its plans to lay off 367 employees at the John Deere Harvester Works in Illinois. The layoff is effective September 21. Also, most of the plant&#8217;s remaining employees will face a four-week inventory adjustment shutdown and a two-week vacation shutdown starting September 21. The John Deere Harvester Works manufactures combines and front-end equipment for harvesting. The company said the decision was taken in response to the declining market demand for the factory’s products. Deere has been witnessing weak demand levels for the last couple of quarters as farmers and other customers cut their spending under recessionary conditions. The company expects a 21% drop in equipment sales for fiscal 2009. We expect continued weakness in both the segments for the next couple of quarters, as we ]]></description>
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		<title>(DE) Deere &amp; Company Invests for Growth in Russia</title>
		<link>http://www.stockbloghub.com/2009/09/01/de-deere-company-invests-for-growth-in-russia/14013</link>
		<comments>http://www.stockbloghub.com/2009/09/01/de-deere-company-invests-for-growth-in-russia/14013#comments</comments>
		<pubDate>Tue, 01 Sep 2009 17:36:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[DE]]></category>
		<category><![CDATA[Deere & Company]]></category>

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		<description><![CDATA[Earlier today, Deere &#38; Company (DE) announced that its Board of Directors has approved an investment plan for setting up a manufacturing and parts center near Moscow. The company said that the new plant will have the capability to manufacture a broad range of John Deere products Incorporatedluding tractors and harvesting equipment, as well as construction and forestry products. The financial terms were not disclosed. Earlier in July, during the Russia-USA Business Forum, Deere had announced its plans to expand its farm, forestry and construction operations in Russia. The new plant is the first step in this direction. The company has an extensive dealer network across the country for its agricultural and forestry products. Despite current economic conditions, the company has introduced a broad line of its construction equipment into ]]></description>
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		<title>(RAVN) Raven&#8217;s Near-Term Outlook Dark</title>
		<link>http://www.stockbloghub.com/2009/08/20/ravn-ravens-near-term-outlook-dark/12844</link>
		<comments>http://www.stockbloghub.com/2009/08/20/ravn-ravens-near-term-outlook-dark/12844#comments</comments>
		<pubDate>Thu, 20 Aug 2009 18:13:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Printed Circuit Boards]]></category>
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		<category><![CDATA[DE]]></category>
		<category><![CDATA[Deere & Company]]></category>
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		<category><![CDATA[RAVN]]></category>

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		<description><![CDATA[Raven Industries, Inc. (RAVN) posted fiscal second quarter earnings of 34 cents per share, compared to the Zacks Consensus Estimate of 29 cents. Quarterly earnings were 11% lower than last year due to the impact of economic downturn on the company’s two largest divisions. Quarterly sales declined 18% to $56.6 million from $69.3 million in the year-ago quarter due to lower sales at the Engineered Films and the Applied Technology segments. The Engineered Films Division reported a 43% decline in sales to $15.0 million, reflecting continued weakness in two of its major end markets (construction and energy). The company is cutting down capital spending and focusing on cost controls until there is some improvement in orders. In the Applied Technology Division, sales fell 18% to $18.6 million due to lower ]]></description>
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		<title>(HPQ) Stock Market News for August 20, 2009 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2009/08/20/hpq-stock-market-news-for-august-20-2009-market-news/12863</link>
		<comments>http://www.stockbloghub.com/2009/08/20/hpq-stock-market-news-for-august-20-2009-market-news/12863#comments</comments>
		<pubDate>Thu, 20 Aug 2009 17:34:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12863</guid>
		<description><![CDATA[A sharp rebound in Chinese shares helped erase yesterday’s slump and sent Asian stocks sharply higher Thursday, a day after Shanghai’s big fall ignited fears of a Chinese stock collapse and triggered a selling spree around the world.  Asian markets also drew comfort from an overnight recovery on Wall Street after a surprise drop in U.S. crude stockpiles lifted hopes for an economic recovery and sent investors back on the buying table. Shanghai&#8217;s main index jumped 126 points, or 4.5%, to 2,911.58, while Japan&#8217;s Nikkei 225 stock average climbed 179.41 points, or 1.8%, to 10,383.41.  Hong Kong&#8217;s Hang Seng rose 374.63, or 2%, to 20,336.36.  South Korea’s Kospi advanced 2% to 1,576.39. Stock futures pointed to a higher open on Wall Street Thursday.  Dow Jones industrial average futures rose 24, ]]></description>
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		<title>(DE) Deere earnings of 99 cents, well above the estimate of 57 cents</title>
		<link>http://www.stockbloghub.com/2009/08/19/de-deere-earnings-of-99-cents-well-above-the-estimate-of-57-cents/12708</link>
		<comments>http://www.stockbloghub.com/2009/08/19/de-deere-earnings-of-99-cents-well-above-the-estimate-of-57-cents/12708#comments</comments>
		<pubDate>Wed, 19 Aug 2009 22:03:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[DE]]></category>
		<category><![CDATA[Deere & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12708</guid>
		<description><![CDATA[Early today, Deere &#38; Company (DE) reported fiscal third quarter earnings of 99 cents per share, well above the Zacks Consensus Estimate of 57 cents per share. However, quarterly earnings were down 27% year over year, primarily due to a double-digit decline in sales. Quarterly revenue of $5.9 billion was down 24% from the prior-year period. Net sales from the company’s worldwide equipment operations were down 25% year over year at $5.3 billion as farmers and other customers cut their spending under recessionary conditions. Equipment net sales in the U.S. and Canada dropped 16%, while the net sales outside the U.S. and Canada were down 37%. Agriculture &#38; Turf segment sales fell 21% due to lower shipment volumes and unfavorable currency translation impact, partially offset by improved price realization. The ]]></description>
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