Issue link: https://read.dmtmag.com/i/183375
m h ow mcuses ent als ng, aw ng erisit ak, for mam uad mch will nto see age uki on- Record Q3 earnings for Deere Net income attributable to Deere & Company was $996.5 million, or $2.56 per share, for the third quarter ended July 31, compared with $788.0 million, or $1.98 per share, for the same period last year. For the first nine months of the year, net income attributable to Deere & Company was $2.730 billion, or $6.97 per share, compared with $2.377 billion, or $5.88 per share, last year. Worldwide net sales and revenues increased 4 percent, to $10.010 billion, for the third quarter and rose 8 percent to $28.345 billion for nine months. Net sales of the equipment operations were $9.316 billion for the quarter and $26.373 billion for nine months, compared with $8.930 billion and $24.454 billion for the same periods last year. "John Deere is well on the road to another year of impressive performance after reporting record third-quarter results," said Samuel R. Allen, chairman and chief executive officer. Sales and income for the period were higher than in any prior third quarter, he pointed out. "Deere's success is a reflection of considerable strength in the farm sector, especially in North and South America. We also are making further progress executing our wide-ranging operating and marketing plans, which call for expanding our global market presence while keeping a close watch on costs and assets." PSB FOREIGN CURRENCY EXCHANGE Ago 9/16/13 1 Month 6 Months Ago Year Ago Annual Price Price%Change Price%Change Price%Change High Low Australian Dollar 1.07 1.09 1.5% 0.96-10.2% 0.95 -11.7% 0.95 1.12 British Pound 0.63 0.64 2.1% 0.66 5.3% 0.62 -1.9% 0.61 0.67 Canadian Dollar 1.03 1.04 0.4% 1.02 -1.2% 0.97 -6.1% 0.97 1.06 Euro 0.75 0.750.1% 0.772.2% 0.761.6% 0.730.79 Indian Rupee 62.83 61.71 -1.8% 54.04-14.0% 54.41 -13.4% 51.87 68.14 Indonesian Rupiah 11,378 10,385 -8.7% 9,704 -14.7% 9,505 -16.5% 9,46211,410 Japanese Yen 98.79 97.57 -1.2% 95.10 -3.7% 78.32 -20.7% 77.70103.51 Malaysian Ringget 3.29 3.28-0.4% 3.12-5.1% 3.04-7.5% 2.96 3.33 Phillipine Peso 43.62 43.67 0.1% 40.61 -6.9% 41.42 -5.0% 40.57 44.76 Singapore Dollar 1.26 1.27 0.7% 1.25 -0.9% 1.22 -3.2% 1.22 1.28 South Korean Won 1,082 1,114 2.9% 1,110 2.6% 1,117 3.2% 1,055 1,161 Taiwan Dollar 29.62 29.93 1.1% 29.71 0.3% 29.45 -0.6% 28.95 30.15 Thailand Bhat 31.73 31.29-1.4% 29.53-6.9% 30.75-3.1%28.61 32.40 Note: A positive percent change reflects a weakening of the U.S. dollar and a strengthening of the foreign currency. est wive to Powersports Business • October 7, 2013 • 15 FINANCE www.PowersportsBusiness.com Source: Wells Fargo Securities LLC POWERSPORTS BUSINESS STOCKS POWERSPORTS BUSINESS INDEX COMPONENTS Company Arctic Cat, Inc. ARI Network Services, Inc. Assurant, Inc. Brunswick Corp. General Electric Co. Harley-Davidson, Inc. Honda Motor Corp. ADR Orbital Engine Corp. Ltd. ADR Polaris Industries, Inc. Stock Price PricePercent 52-Week Ticker 9/16/138/20/13Change High Low ACAT $55.92 $56.72 -1.4% $58.26 $32.12 ARIS $3.04 $2.98 2.0% $3.15 $1.00 AIZ $56.01 $55.09 1.7% $56.42 $33.62 BC $40.50 $36.94 9.6% $40.83 $21.08 GE $24.14 $23.72 1.8% $24.95 $19.87 HOG $63.38 $58.62 8.1% $64.44 $40.59 HMC $38.83 $37.55 3.4% $42.13 $29.26 OE $2.40 $2.85 -15.8% $7.00 $2.05 PII $123.89 $114.02 8.7% $125.68 $78.50 DOMESTIC STOCKS OF INTEREST Company ArvinMeritor ADP Bridgestone Corp. ADR Carlisle Companies Cooper Tire & Rubber Dover Corporation Intl. Speedway Corp. Cl. A Deere & Company MarineMax, Inc. Spy Inc. Speedway Motorsports, Inc. Universal Technical Institute Stock Price PricePercent 52-Week Ticker 9/16/138/20/13Change High Low ARM $8.14 $7.49 8.7% $8.50 $3.83 ADP $74.10 $72.34 2.4% $74.93 $54.02 BRDCY $70.05 $67.84 3.3% $76.67 $43.73 CSL $69.17 $67.50 2.5% $70.55 $49.65 CTB $32.26 $32.46 -0.6% $34.80 $18.38 DOV $89.94 $86.83 3.6% $90.60 $54.90 ISCA $31.47 $31.99 -1.6% $35.77 $24.22 DE $83.54 $83.25 0.3% $95.60 $79.50 HZO $12.08 $11.82 2.2% $14.18 $7.17 XSPY $1.25 $1.15 8.7% $2.25 $0.50 TRK $17.92 $18.19 -1.5% $19.86 $14.18 UTI $11.62 $11.23 3.5% $13.97 $8.00 T INTERNATIONAL STOCKS OF INTEREST Company BMW AG BRP, Inc. Kawasaki Heavy Industries KTM Powersports AG Michelin NGK Sparkplug Suzuki Motor Yamaha Motor Yokohama Rubber Stock Price PricePercent 52-Week Ticker 9/16/138/20/13Change High Low BMW-ETR 80.58 €74.05 € 8.8%81.05 €56.51 € DOO-TSE $28.13 $29.00 -3.0% $29.50 $23.41 7012-TKS 385 ¥ 361 ¥ 6.6% 401 ¥ 151 ¥ KTM-WBO 56.03 €53.30 € 5.1%57.20 €43.00 € ML-PAR79.46 €74.66 € 6.4%79.73 €57.23 € 5334-TKS 2122 ¥ 1896 ¥ 11.9% 2153 ¥ 796 ¥ 7269-TKS 2229 ¥ 2224 ¥ 0.2% 2919 ¥ 1442 ¥ 7272-TKS 1413 ¥ 1306 ¥ 8.2% 1825 ¥ 658 ¥ 5101-TKS 903 ¥ 877 ¥ 3.0% 1312 ¥ 506 ¥ Source: Wells Fargo Securities LLC in roniace to his ded niorAI, uki sts. will he ot- m, ose ow ew he un P14x17-PSB13-Finance.indd 15 9/25/13 11:13 AM