Deere Raises Full Year Revenue Outlook Amid Farm Economy Turnaround
Deere and Company, the largest farm equipment maker, now forecasts net revenues up about 25 percent in fiscal 2018 with equipment sales rising 29 percent and construction and forestry sales up 57 percent after expanding with Wirtgen Group. Analysts cite improving farm fundamentals and potential weather-driven price boosts as early signals of recovery.
MENTIONED IN THIS ARTICLE
Bloomberg News Deere and Co
En. Bunge
Soren Schroder
Federal Reserve Bank of Kansas City
Deere
Matt Arnold
Edward Jones and Co
St. Louis
Wirtgen Group
SEC blocks Chinese bid for Chicago Stock Exchange
The SEC blocked a Chinese investors takeover of the 135 year old Chicago Stock Exchange citing lack of transparency and inability to monitor funding and ownership. Critics say national security concerns feed the decision amid fears of China’s rising power and data access.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
Chicago Stock Exchange
China
East
U.S
FBI
Christopher Wray
U.S. Senate Intelligence Committee
United States
Robert Pittenger
R-N.c
SEC
Derek Scissors
American Enterprise Institute
Virtual career fair to connect job seekers with employers
Corridor Development hosts a March 1 online career fair from 11 am to 3 pm. Employers like Rockwell Collins CAST International Kinze MediRevo and Quaker Oats set up virtual booths for interviews. Job seekers submit resumes and view openings. registrations at www cedarrapidsiowacity.org/jobs. Contact matthew.patane thegazette.com or (319) 398-8356.
MENTIONED IN THIS ARTICLE
Corridor Development
Cedar Rapids Metro Economic Alliance
Iowa City Area Development Group
Rockwell Collins
Cast International
Great America Financial Services
Kinze Manufacturing
Quaker Oats
the University of Town
MediRevo
Cedarrapidsiowacity.org
Matthew
Patane
Thegazette
FAA approves land re designation for Cedar Rapids Super Park
The FAA approves changing 489.7 acres at Eastern Iowa Airport from aero nautical to non-aeronautical use enabling longer lease terms for Cedar Rapids Land and Air Super Park. Airport officials say this diversifies revenue and boosts development, with a privately owned parcel also set for mixed use. Debi Durham and Marty Lewis praised the move as a path to attract investment and achieve financial self sufficiency.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Air Super Park
Federal Aviation Administration
Federal
Iowa
Debi Durham
Iowa Economic Development Authority
FAA
Durham
76Th Avenue
18Th Street
Marty Lewis
Lewis
Cedar Rapids Land and
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Agribusiness
Washington Post
Eastern
Matthew Patane
the Gazette
George C. Ford