20.02.2015 - Deere & Co. reported a drop in sales

Company Deere & Co. published statistics according to which sales fell by 17%. The reason for the drop in sales was the weak demand for the products of the company due to exchange rate fluctuations that have led to the fall of products’ attractiveness on the market, as well as the general deterioration of agro-industries in response to falling prices for agricultural products. At the moment, companies are taking steps to improve the financial state of financial indicators. So, in January were dismissed 900 employees. We see no reason for the growth of the company's shares in the near future, but next year the situation may improve.

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