Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Deere has downbeat 2013 outlook, and shares fall

Continue reading below

The largest maker of agricultural equipment is taking a cautious view of 2013 as drought and economic woes restrain spending. Deere expects US, Canadian, and Asian sales to be flat. In Europe, it says flat or down as much as 5 percent. Worldwide, equipment sales will rise 5 percent. In the latest quarter, net income rose 2.7 percent to $687.6 million; sales rose 14 percent to $9.79 billion.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com