Deere & Co. said its first-quarter profit rose 55 percent, beating Wall Street’s expectations as lofty crop prices stoked global demand for its farm equipment.
Sales for the world’s largest maufacturer of agricultural machinery climbed 18 percent in the November-January period. Deere said its sales outside North America jumped 37 percent, quadruple the growth in the […]

Japan’s shipments of construction machinery may rise 9 percent to a third straight annual record next fiscal year as building and mining booms in Asia drive demand for earthmovers built by Komatsu Ltd. and its rivals.
Shipments of excavators, tractors, cranes and other construction machinery may climb to 2.6 trillion yen ($24 billion) in the year […]