On March 6, 2014, Deere & Company (NYSE:DE) reported that starting 2015, the John Deere Construction & Forestry Division will provide a retrofit kit that will enable Interim Tier 4 (IT4) machines to be sold in countries where ultra-low sulfur diesel (ULSD) fuel is not accessible. According to John Deere, the kit is compatible with the Company’s powered crawler dozers, wheel loaders, articulated dump trucks, motor graders, excavators, and backhoes. Deere & Company (NYSE:DE) shares after opening at $87.93 moved to $88.40 on last trade day and at the end of the day closed at $87.20. Company price to sales ratio in past twelve months was calculated as 0.85 and price to cash ratio as 10.17. Deere & Company (NYSE:DE) showed a negative weekly performance of -1.80%.
BMO Capital Markets raised their price target on shares of Joy Global (NYSE:JOY) from $54.00 to $60.00 in a research note issued on Monday, StockRatingsNetwork.com reports.BMO Capital Markets’ target price points to a potential upside of 7.70% from the company’s current price. Joy Global Inc. (NYSE:JOY) shares advanced 0.25% in last trading session and ended the day on $55.75. JOY return on equity ratio is recorded as 15.40% and its return on assets is 7.40%. Joy Global Inc. (NYSE:JOY) yearly performance is -8.46%.
Lindsay Corporation (NYSE: LNN), a leading provider of irrigation systems and infrastructure products, today announced it plans to release financial results for its fiscal 2014 second quarter ended February 28, 2014, before the market opens on Wednesday, March 26, 2014. Management, including Rick Parod, President and Chief Executive Officer, will host a conference call to discuss the results the same day at 11:00 a.m. Eastern Time. Lindsay Corporation (NYSE:LNN) shares moved down -0.25% in last trading session and was closed at $82.20, while trading in range of $82.01-$84.00. Lindsay Corporation (NYSE:LNN) year to date performance is -0.38%.
Columbus McKinnon Corporation (Nasdaq:CMCO), a leading designer, manufacturer and marketer of material handling products, announced today that it has acquired privately-owned Unified Industries, Inc. (“Unified”). Unified designs, manufacturers and markets overhead light rail workstations primarily used in automotive and other industrial applications. Columbus McKinnon Corp. (NASDAQ:CMCO) weekly performance is 0.04%. On last trading day company shares ended up $26.06. Columbus McKinnon Corp. (NASDAQ:CMCO) distance from 50-day simple moving average is 1.05%. Analysts mean target price for the company is $30.75.