Business News


JohnDeere-112614-lg.jpgAgricultural machinery maker Deere & Co. on Wednesday reported a 20 percent decline in profit for the fourth quarter from last year, reflecting lower sales of agricultural equipment amid a slowdown in the global farm sector. However, both revenue and earnings per share beat analysts' expectations. Looking ahead, the company forecast lower earnings and equipment sales for fiscal 2015.
More

Stuart Olson To Buy Studon Electric For About C$76 Million - Quick Facts


Stuart Olson Inc (SOX.TO, SOX_DB.TO, SOX_DB_A.TO) Wednesday agreed to acquire Studon Electric & Controls Inc for about C$76.2 million. Headquartered in Red Deer, Alberta, Studon is a electrical and instrumentation services provider offering construction, maintenance and turnaround services to the...
More

Hewlett-Packard Co. (HPQ) Has Broken Out To A New High After Q4 Report


Hewlett-Packard Co. (HPQ) reported fourth quarter adjusted EPS of $1.06 after the bell Tuesday, compared to $1.01 in the previous year. Revenues fell 2% to $28.41 billion from $29.13 billion a year ago. Analysts expected EPS of $1.06 and revenues of $28.76 million. The company expects to report first...
More

CGN Power To Raise Up To About US$3.2 Bln In Hong Kong IPO: WSJ


CGN Power Co, the Chinese nuclear power plant operator, is planning to raise up to US$3.16 billion in an initial public offering in Hong Kong, the Wall Street Journal said Sunday. The company intends to offer 8.83 billion shares in a price range of HK$2.43 to HK$2.78 per share on Monday, the Journal...
More

Deere & Company Q4 14 Earnings Conference Call At 10:00 AM ET


Deere And Co. (DE) will host a conference call at 10:00 AM ET on November 26, 2014, to discuss its Q4 14 earning results. To access the live webcast, log on at http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=83523&eventID=5086816
More