What Did Toro Say about Its Regnerbau Acquisition?
On November 3, 2016, Toro announced that it had entered into an agreement to acquire Regnerbau Calw, a privately held manufacturer of professional irrigation equipment.
Why Farm Income Is the Biggest Indicator of Deere’s Performance
According to U.S. Department of Agriculture figures, net farm incomes in the United States rose from $76 billion in 2010 to $115.3 billion in 2013.
How Does Lindsay Compare to Its Peers?
The First Trust ISE Water Index Fund (FIW) invests 3.6% of its holdings in Lindsay.
Deere’s Agriculture and Turf Net Sales Will Likely Fall in 2016
The agricultural and turf segment is Deere’s main business segment. This segment’s net sales contribution in 4Q15 was 69% and its operating profit contribution was 48%.
Analyzing Deere’s Free Cash Flow Growth and Cash Management
One of the ways to calculate free cash flows is by deducting capital expenditures from the company’s operating cash flows.
Why Deere Is Projecting Low Margins for 2016
In a capital-intensive business such as Deere’s (DE), lower net sales can hurt the company’s margins.
Key Takeaways from Deere’s Fiscal 4Q15 Earnings
Deere & Company (DE) reported EPS of $1.08 in fiscal 4Q15, which beat analysts’ estimate of $0.75 per share.
Opportunity: Global water irrigation’s long-term growth
Drought conditions in 2012 led to an increase in commodity prices, showing the importance of efficient mechanical irrigation and equipment.