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Deere guidance points to down year for farm incomes, farm stocks

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Good news from Deere (DE) on fiscal first quarter 2014 earnings. The company announced earnings of $1.81 cents a share, 28 cents a share above the Wall Street consensus on revenue of $6.95 billion. (Also above Wall Street consensus of $6.76 billion.) But the company’s closely watched estimate of farm incomes pointed to a drop [...]

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