Keyword: johndeere

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  • CVS drops sponsorship of business-backed conservative group ALEC (Also John Deere)

    07/12/2012 6:53:08 AM PDT · by listenhillary · 29 replies
    Providence Journal ^ | July 10, 2012 | Philip Marcelo
    July 10, 2012 12:21 pm By Philip Marcelo WOONSOCKET, R.I. -- Drugstore giant CVS Caremark is among the latest corporate sponsors dropping their support of the American Legislative Exchange Council, or ALEC, a business-backed national conservative group. CVS Caremark joined John Deere, MillerCoors, HP and Best Buy in deciding not to fund ALEC, according to ColorOfChange.org, an organization opposed to the stricter voter-identification laws ALEC advocates for. ColorOfChange issued a news release Tuesday with this comment from Larry Burton, CVS Caremark senior vice-president for government affairs: "Over the last few weeks, we have closely followed the issues surrounding the American...
  • A War On Reality

    03/29/2010 4:21:18 PM PDT · by Kaslin · 11 replies · 663+ views
    Investors.com ^ | March 29, 2010 | INVESTORS BUSINESS DAILY Staff
    Politics: Rep. Henry Waxman vowed to haul CEOs into hearings after they revealed just how much ObamaCare will cost their firms. It's an absurd war on bookkeeping, from a Congress desperate to avoid heat for this fiasco. In the wake of President Obama's presidential signature on the gargantuan Patient Protection and Affordable Care Act last Thursday, big companies have crunched their numbers and come up with an ugly picture. In legally mandated filings, AT&T reported that ObamaCare will cost it $1 billion. Deere & Co. reported $150 million in new costs. Caterpillar must cough up $100 million. 3M must pay...
  • AT&T to take $1B charge for health care; may cut benefits to current and retired workers.

    03/27/2010 7:26:53 AM PDT · by wrrock · 21 replies · 917+ views
    Yahoo News ^ | 3/26/2010 | BARBARA ORTUTAY
    NEW YORK – AT&T Inc. will take a $1 billion non-cash accounting charge in the first quarter because of the health care overhaul and may cut benefits it offers to current and retired workers. The charge is the largest disclosed so far. Earlier this week, AK Steel Corp., Caterpillar Inc., Deere & Co. and Valero Energy announced similar accounting charges, saying the health care law that President Barack Obama signed Tuesday will raise their expenses. On Friday, 3M Co. said it will also take a charge of $85 million to $90 million.
  • Deere (And Others) In The Headlights

    03/26/2010 5:06:50 PM PDT · by Kaslin · 27 replies · 1,286+ views
    Investors.com ^ | March 26, 2010 | INVESTORS BUSINESS DAILY Staff
    Health Reform: As major businesses lay out the impact of ObamaCare in dollars and jobs, two things are clear: the costs will be enormous, and the president's vow to focus on "jobs, jobs, jobs" can no longer be believed. Early returns on ObamaCare are coming in, and they belie proponents' claims of job creation and cost reduction. The costs will increase. They are merely being shifted to the states and to America's businesses, large and small. AT&T, the country's largest telephone company, announced Friday it will take a $1 billion first-quarter charge related to the new health care law. The...
  • Democrats' health bill costly for John Deere Company

    03/25/2010 10:56:56 AM PDT · by From The Deer Stand · 39 replies · 1,392+ views
    www.johndeere.com ^ | March 25,2010 | From The Deer Stand
    Deere Says New Health Care Reform Law Will Increase 2010 Expense By $150 Million After-Tax MOLINE, Illinois (March 25, 2010) — Deere & Company announced today that the Patient Protection and Affordable Care Act signed into law this week will adversely impact its expenses for fiscal 2010. As a result of the legislation, the company's expenses are expected to be about $150 million higher on an after-tax basis, primarily in the second quarter. This impact was not included in the 2010 outlook for net income attributable to Deere & Company of approximately $1.3 billion disclosed in the company's first-quarter earnings...
  • Obama's Russia visit to bring over $1.5 bln in deals

    07/06/2009 8:31:40 AM PDT · by Tailgunner Joe · 17 replies · 548+ views
    Reuters ^ | July 6, 2009 | Simon Shuster and Dmitry Zhdannikov
    MOSCOW (Reuters) - U.S. President Barack Obama's visit to Russia has seen over $1.5 billion (925 million pounds) of company deals unveiled, but a longer term step-change in business between the nations will depend on Moscow boosting the rule of law. "We need the confidence that things are going to remain stable, that the ground rules are going to remain stable," Samuel Allen, chairman of U.S. farm machinery maker Deere. , told reporters while announcing an investment of $500 million into Russia within the next five to seven years. .... A breakthrough at these talks would serve as evidence both...
  • Bomb scare clears John Deere

    12/13/2008 4:02:07 AM PST · by Cindy · 14 replies · 668+ views
    WELLANDTRIBUNE.ca ^ | December 13, 2008 | Tribune Staff
    Bomb scare clears John Deere Posted By TRIBUNE STAFF ARTICLE SNIPPET: "A bomb scare sent workers home yesterday at John Deere Welland Works. According to a police press release, at about 5:30 a. m. an unknown male made a phone call to the plant on Canal Bank Road. He said a bomb would go off in the plant but provided few details." ARTICLE SNIPPET: "Police are seeking public assistance in finding the person who made the call. Anyone with information is urged to contact Smith at 905-688-4111 ext. 3345."
  • Confederate flag flies, John Deere dies

    11/21/2001 1:05:04 PM PST · by shuckmaster · 102 replies · 610+ views
    Pontiac, SC - It has been announced in local media (Columbia, SC) that the John Deere plant in Pontiac, SC, is being shut down. The plant has been subject to twice weekly protests by Southern heritage supporters since October, 2000. The protests, organized by Dean Weems, were the result of John Deere management firing two employees due to their love of their heritage. Bill Van Der Hoff, a mechanic, was fired for refusing to remove a 1 1/2 by 1 1/2 inch Confederate Battle flag sticker from his personally owned tool box. Another employee, Gary Waller, was fired for the ...
  • John Deere, iRobot Team Up to Make Robot

    10/25/2004 8:43:02 PM PDT · by NormsRevenge · 28 replies · 824+ views
    AP on Yahoo ^ | 10/25/04 | Mark Jewell - AP
    BOSTON - In a trailblazing pairing of robotics and tractor companies, iRobot and John Deere announced plans Monday to build a 9-foot-long semi-autonomous battlefield vehicle. Burlington-based iRobot Corp. will adapt the artificial intelligence technology used in its Roomba vacuums and portable PackBot military robots for a two-seat John Deere utility vehicle similar to ones the Pentagon (news - web sites) already uses. The Military Robotic Gator, or R-Gator, will be the first of its kind to use off-the-shelf technology, making it easier and less expensive to produce than existing, custom-made vehicles, the companies said. While the Pentagon is expected to...
  • John Deere Looks to Hire Soldiers

    03/25/2004 5:15:08 AM PST · by chance33_98 · 18 replies · 515+ views
    John Deere Looks to Hire Soldiers Wednesday, March 24, 2004, 6:56:10 PM From the KCRG-TV9 Dubuque Newsroom Businesses like John Deere in Dubuque are hoping to hire soldiers who are returning from active duty. John Deere is involved with the Army's PAYS program. PAYS stands for Partnership for Youth Success. The program allows Army recruits to select a company and job category for future employment. The Dubuque works has 10 to 20 soldiers on its list. Deere hopes to hire them over the next several years as their military commitments expire. John Deere companies nationwide expect to hire more...