Friday, 24 May 2024

Deere & Co Q4 Profit Declines; Stock Down – Quick Facts

Bernie Sanders Channels Lizzo To ‘Slow Jam The News’ With Jimmy Fallon

Sen. Bernie Sanders’ (I-Vt.) policies got a seductive twist on Tuesday’s broadcast of “The Tonight Show.”

The Democratic presidential candidate slow-jammed his campaign’s main points with host Jimmy Fallon ― and ended by channeling singer Lizzo’s sleeper hit “Good As Hell.”

“We can no longer tolerate three people owning more wealth than the bottom half of America,” Sanders said at one point. “I have the experience to fight for that bottom half and to create an economy that works for all of us, not just those on top.”

To which Fallon had this sultry reply: “Aww yeah. Bernie Sanders is looking out for your bottom half. He knows it’s been neglected for too long. Now he wants to pay it some extra special attention.”

Check out the clip above.

Elsewhere on the show, Sanders threw free-shots with Fallon:

He also explained why it was so important to tackle the climate crisis:

And he addressed pop star Ariana Grande’s apparent endorsement of him:

Sensex, Nifty scale fresh closing peaks; Yes Bank rallies over 7%

SBI rose 2.43 per cent, Maruti gained 2.38 per cent, Sun Pharma 1.87 per cent and HUL was up by 1.78 per cent.

Market benchmark indices scaled fresh closing peaks on Wednesday on hectic buying by foreign investors in banking, IT and auto stocks amid positive trends from global markets.

The 30-share Sensex rose by 199.31 points or 0.49 per cent to end at a new life-time high of 41,020.61 as 24 of its constituents ended in green.

The broader NSE Nifty gained 63 points or 0.52 per cent to settle at a new peak of 12,100.70.

Yes Bank was the biggest gainer in the Sensex pack, rallying 7.65 per cent, followed by SBI which rose 2.43 per cent.

Maruti gained 2.38 per cent, Sun Pharma 1.87 per cent and HUL by 1.78 per cent.

On the other hand, L&T was the top loser, ending 2.05 per cent lower.

ICICI Bank, ITC, Tata Steel, NTPC and Axis Bank too closed in red.

According to analysts, sustained foreign fund inflow amid positive cues from global markets buoyed the market sentiment.

Foreign investors purchased shares worth Rs 4,677.75 crore on a net basis on Tuesday, provisional exchange data showed.

Short covering ahead of the expiry of November derivatives contracts on Thursday also contributed to the rally, traders said.

Photograph: Shailesh Andrade/Reuters

USA TODAY Sports’ Week 13 NFL picks: Do Steelers get even with Browns, retain final AFC wild-card spot?

Happy Thanksgiving to all, a three-course football feast Thursday serving as mere appetizer with the NFL fielding its first lineup of 16 games since Week 3.

The playoff field can begin filling as the Saints, 49ers and Patriots have opportunities to clinch berths this weekend.

But not so on USA TODAY Sports' picks panel, four of our experts within two wins of each other over the course of the season. Interesting prognostications ahead, too, some foreseeing a Bengals breakthrough, others taking the Texans to upset the Patriots on Sunday night.

But maybe the most compelling matchup, and one creating plenty of divided opinions, will occur in Pittsburgh, where the Steelers host the Browns just two weeks after the Browns manhandled them 21-7 in a game that ended with an ugly brawl. You won't see Myles Garrett in this one, and probably not Mason Rudolph, either. But it could get nasty between two historical rivals both gunning for the AFC's final wild-card spot.

Let's eat.

Deere And Co Q4 adjusted earnings Beat Estimates

Deere And Co (DE) announced a profit for fourth quarter that dropped from last year.

The company’s bottom line totaled $722 million, or $2.27 per share. This compares with $785 million, or $2.42 per share, in last year’s fourth quarter.

Excluding items, Deere And Co reported adjusted earnings of $681 million or $2.14 per share for the period.

Analysts had expected the company to earn $2.13 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 5.1% to $9.90 billion from $9.42 billion last year.

Deere And Co earnings at a glance:

-Earnings (Q4): $681 Mln. vs. $748 Mln. last year.
-EPS (Q4): $2.14 vs. $2.30 last year.
-Analysts Estimate: $2.13
-Revenue (Q4): $9.90 Bln vs. $9.42 Bln last year.

Deere & Co Q4 Profit Declines; Stock Down – Quick Facts

Deere & Co. (DE) reported that its net income attributable to the company for the fourth quarter ended November 3, 2019 declined to $722 million or $2.27 per share, from $785 million or $2.42 per share last year.

Adjusted net income was $2.14, compared to $2.30 in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $2.13 per share for the quarter. Analysts’ estimates typically exclude special items.

Net sales were $8.70 billion up from $8.34 billion in the previous year. Analysts expected revenues of $8.53 billion. Worldwide net sales and revenues increased 5 percent to $9.896 billion from last year.

Looking ahead for fiscal 2020, the company expects net income attributable to the company to be in a range of $2.7 billion to $3.1 billion.

In Wednesday pre-market trade, DE is trading at $169.74, down $6.97 or 3.94%.

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