Albuquerque Journal

Tough harvest

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A weak global farm economy and a downturn in constructi­on and equipment sales have hurt Deere & Co. this year.

The agricultur­al equipment maker has posted lower earnings and sales in the first two quarters of its current fiscal year. In May, the company lowered its full-year earnings forecast and issued a weak third-quarter outlook. Deere delivers the results for that May-July quarter today.

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