Deere: ‘A Compelling Entry Point Lies On the Horizon,’ Just Not Yet

Oh Deere (DE). Reuters Shares of Deere are dropping this morning after the farm-equipment manufacturer reported a fiscal fourth-quarter profit of $1.83 a share, beating forecasts for $1.57, but said it would earn $1.9 billion in 2015, below forecasts for $2.19 billion. Shares of Deere have dropped 1.7% to $86.27 at 10:59 a.m. today and [...]