John Deere warns the farming business is about to go from bad to worse
May 22, 2015, 19:08 IST
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The maker of construction and farming equipment reported second quarter earnings on Friday morning, crushing expectations for earnings and revenues.
In the release, Deere noted a rise in sales of construction equipment, which offset losses in sales of agriculture machinery.
The latter segment suffered because of a plunge in commodity prices.
And Deere expects things in the farming industry to go from bad to worse.
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