(Reuters) - Deere & Co ( DE ) reported a lower first-quarter profit on Thursday, as more farmers switched to renting tractors and other equipment due to weak incomes and high borrowing rates. Farm income has dropped 23% from 2022 in one of the biggest declines in history, according to the USDA. High borrowing costs amid the Federal Reserve's cautious...

Feb 13 (Reuters) - Karman Holdings ( KRMN ) and some of its existing shareholders raised $506 million in an upsized New York initial public offering, fetching a valuation of nearly $3 billion for the defense and space systems maker. They sold 23 million shares on Wednesday at $22 apiece, above the marketed range of $18 to $20, the Huntington...

06:04 AM EST, 02/13/2025 (MT Newswires) -- Barclays ( JJCTF ) reported Q4 basic earnings Thursday of 0.067 British pounds ($0.084) per ordinary share, swinging from a loss of 0.007 pounds a year earlier. Analyst estimates were not readily available for comparison. Total income for the quarter ended Dec. 31 was 6.96 billion pounds, up from 5.6 billion pounds a...

(Reuters) - Karman Holdings ( KRMN ) and some of its existing shareholders raised $506 million in an upsized New York initial public offering, fetching a valuation of nearly $3 billion for the defense and space systems maker. They sold 23 million shares on Wednesday at $22 apiece, above the marketed range of $18 to $20, the Huntington Beach, California-based...