UPDATE: Deere Posts Higher Q4 Profit
November 20, 2013 at 08:46 AM EST
Deere & Co (NYSE: DE ) reported an increase in its fourth-quarter profit. Deere's quarterly profit surged to $806.8 million, or $2.11 per share, from a year-ago profit of $687.6 million, or $1.75 per share. Its total net sales dropped 3% to $9.45 billion. However, analysts were projecting earnings