01.10.2015 - Deere & Co. has reached an agreement with the union
The world's largest manufacturer of agricultural tractors and machinery for harvesting Deere & Co. signed an agreement with the United Auto Workers Union, which will replace the previous contract for the next six years. It should be noted that in the labor union at the moment is about 10 thousand employees mainly in Iowa and Illinois. This fact removes some tension in relation to the shares of the company, but the market conditions at the moment is not favorable due to the fall in demand for the company's products in the world and in the United States. We do not recommend investing in shares of the company to the nearest spring.