Newsclip®: [Business] Deere hunkers down in weak global agricultural market -

"NEW YORK (AP) — Deere took a hit in the second-quarter due to a weak global farm economy and a downturn in construction equipment sales. The agricultural equipment maker also gave a weak third-quarter outlook and lowered its full-year forecast. [...] shares edged lower because the Deere said it expects low commodity prices and stagnant farm incomes to continue weighing down revenue throughout the year.",

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