Deere sees a 23% jump in revenue, forecasts a strong year (DE)

Johan Viirok/Flickr Deere & Co. reported sales jumped 23% in the first quarter. The company recorded a net loss because of the US tax reform. Deere expects equipment sales to climb 29% in fiscal 2018. (Reuters) – U.S. farm equipment maker Deere & Co on Friday reported a 23 percent jump in first-quarter revenues as […]

John Deere bought an AI company to optimize crop spraying

Want to know how pervasive AI is becoming in seemingly all facets of daily life? Just ask Deere & Company. The John Deere brand owner just acquired Blue River Technology, which uses machine learning and computer vision to target herbicide spraying at just the weed-infested portions of a farm field. The technology can minimize both […]

Deere beats on earnings and boosts its forecast for the year (DE)

Thomson Reuters Deere boosted its forecast for sales this year amid more demand for its farming equipment. The company said Friday that “improving market conditions throughout the world” contributed to a 31.1% year-over-year increase in profits. The global agriculture industry is working its way out of a recession that was triggered by crop surpluses and weaker commodity […]

Emotional DeChambeau wins John Deere

Video Image DeChambeau can’t believe it1:00 Golf: Bryson DeChambeau is over the moon with his maiden PGA victory. July 17th 2017 11 minutes ago /display/newscorpaustralia.com/Web/NewsNetwork/Sport news and galleries/Golf news/ Bryson DeChambeau is overcome with emotion after learning the late Payne Stewart’s first PGA Tour victory was also at the John Deere Classic. APFOX SPORTS Share […]