John Deere

John Deere

Workers at two John Deere plants in the Quad Cities will soon lose their jobs. Tuesday the company announced indefinite layoffs for about 50 production workers at the Harvester Works in East Moline, and 113 at the Davenport Works.

John Deere

John Deere has opened a new training facility in Coal Valley.

https://tinyurl.com/y3jxtkvv / QC Engineering & Science Council

Hundreds of kids, teens, and their coaches will spend their Saturday at John Deere headquarters in Moline. For the first time, Deere and Company will host the annual kickoff of the FIRST Lego League season.

New Leader for Deere

Aug 29, 2019
Deere and Company

A new leader will soon take over at John Deere. Thursday the company announced directors have chosen John May to become Chief Executive Officer in November.

Michelle O'Neill / WVIK News

Sales rose but net income fell for John Deere during its second quarter.

Today, the company reported sales rose 6% to 11.3 billion dollars during February, March, and April.

Profits totaled $1.1 billion, compared to $1.2 billion at this time a year ago.

John Deere will report results for its second quarter on Friday, and analysts are mostly optimistic. As reported by Yahoo Finance, they predict revenue will climb 4.5 per cent from the same quarter last year, to $10.1 billion.  And that earnings per share will jump 15 per cent to $3.61. 

Deere Home Update

Mar 8, 2019
WVIK News

If we're patient, there's hope a historic landmark in Moline will be renovated. 

Deere and Company

A top executive at John Deere has been promoted. Friday the company announced a decision by the board of directors to appoint John May to be Chief Operating Officer, starting next month.

https://youtu.be/GADKYVgkrN0 / Deere & Company, Investor Relations page

After ten years leading John Deere, Chair and CEO Sam Allen is still convinced the company's best days are ahead. At Wednesday's annual meeting in Moline, Illinois, shareholders elected Deere and Company's board of directors and watched a couple of videos.

Michelle O'Neill reports they also listened to a review of past performance, and how the company will meet new challenges.


https://goo.gl/ZnpKHw / Deere & Company

A year after reporting a loss due to federal tax changes, Deere and Company reports first quarter earnings came in at the second highest level ever.

Deere says from November through January, net income totalled $498.5 million, or $1.54 per share. And sales rose 16% to $6.9 billion.

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