Deere & Co on Friday reported an unexpected rise in profits in the first quarter...
FILE PHOTO: The leaping deer trademark logo is seen on a sign outside a John Deere dealership in Taylor, Texas, U.S., February 16, 2017. REUTERS/Mohammad Khursheed/File Photo
CHICAGO - Deere & Co on Friday reported an unexpected rise in profits in the first quarter, helped by early signs of stabilization in the U.S. farm sector. For the quarter ended Feb. 2, it reported net income of $517 million or $1.63 per share, up from $498 million or $1.54 per share last year.Reporting by Rajesh Kumar Singh; Editing by Jan Harvey
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