Trade War Puts Deere In Headlights

"Third-quarter results reflected the high degree of uncertainty that continues to overshadow the agricultural sector", John Deere CEO Samuel Allen said Friday, weighing in on a lackluster set of quarterly results that featured a 3% slide in sales. Among other things, investors initially weren't enamored with Deere's guidance cut. The company now sees equipment sales rising 4% in fiscal 2019, versus 5% previously. The company also trimmed its profit forecast to $3.2 billion from $3.3 billion th