Deere says its fiscal second-quarter profit fell 38 percent as the global recession reduced demand for its farm equipment. It slashed its 2009 profit outlook by 27 percent.
Deere 2Q profit tumbles 38 percentCourtesy Newsvine - business Wed, 05/20/2009 - 05:26
Deere says its fiscal second-quarter profit fell 38 percent as the global recession reduced demand for its farm equipment. It slashed its 2009 profit outlook by 27 percent. Related itemsCaterpillar 2Q profit falls 66 pct on weak demand
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