4q Deere Profit Up 46%

Summary


Deere & Co. says strong sales of its farm equipment helped boost its fourth-quarter profit by 46 percent and says it expects robust demand will lead to better results next year.

The Moline, Ill., company said that equipment sales were up 20 percent in the quarter. That included 14 percent sales growth in the U.S. and Canada, and 31 percent growth in the rest of the world.

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4q Deere Profit Up 46%

The sales...

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