Investing.com - Deere&Co. has reported a 50% drop in net income and lower-than-anticipated net sales in its fiscal first quarter as the agricultural equipment maker grapples with inventory issues and ...

Deere & Co. (DE) on Thursday reported fiscal first-quarter net income of $869 million. On a per-share basis, the Moline, Illinois-based company said it had net income of $3.19.