On this episode of Stock Movers with Alexis Christoforous:
- Walmart (WMT) shares are on the move after reporting earnings. It reported solid sales growth, with comparable sales in US stores rising, excluding fuel, in the latest quarter. The company's focus on low prices, fast delivery, and wide assortment has helped it gain market share across income levels.
- Intuit (INTU) shares are sinking after the tax-preparation software company reported its third-quarter results and gave an outlook. It
On this episode of Stock Movers with Alexis Christoforous:
- Walmart (WMT) shares are on the move after reporting earnings. It reported solid sales growth, with comparable sales in US stores rising, excluding fuel, in the latest quarter. The company's focus on low prices, fast delivery, and wide assortment has helped it gain market share across income levels.
- Intuit (INTU) shares are sinking after the tax-preparation software company reported its third-quarter results and gave an outlook. It also said it is cutting about 17% of its staff, confirming an earlier Reuters report.
- Deere & Co (DE) shares are getting a boost from its construction and forestry segments, helping to offset volatile agriculture markets that continue to crimp farmer spending. (Source: Bloomberg)
Wal-Mart Stores Inc Photographer: Patrick T. Fallon/Bloomberg
Deere & Co. shares climbed the most in six years as the world’s largest farm-machinery maker boosted its annual profit outlook, anticipating a long-awaited upturn in the agriculture economy.
Deere & Co. shares climbed the most in six years as the world’s largest farm-machinery maker boosted its annual profit outlook, anticipating a long-awaited upturn in the agriculture economy.
A John Deere 9700 Forage Harvester Photographer: David Swanson/Bloomberg
Deere & Co. said it is helping US farmers “substantially” cut costs, after President Donald Trump pressured farm-equipment manufacturers to drop prices for tractors.
Deere & Co. said it is helping US farmers “substantially” cut costs, after President Donald Trump pressured farm-equipment manufacturers to drop prices for tractors.
A Deere & Co. combine harvester is used to harvest soft red winter wheat in this aerial photograph taken over Kirkland, Illinois, U.S., on Friday, July 17, 2020. U.S. winter wheat production is forecast at 1.22 billion bushels, down 4% from the June 1 forecast and 7% below 2019. Photographer: Daniel Acker/Bloomberg
On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss the release of the Fed Beige Book ahead of a pivotal December FOMC meeting. Bloomberg's Stuart Paul and New Century Advisors Chief Economist Claudia Sahm join the show to break it down. Also on today's show, ACI Worldwide CFO Robert Leibrock on the firm's global payments platform, the business viability of stablecoins, and 'friendly fraud' risk. Plus, Columbia University Senior Lecturer in Political Science
On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss the release of the Fed Beige Book ahead of a pivotal December FOMC meeting. Bloomberg's Stuart Paul and New Century Advisors Chief Economist Claudia Sahm join the show to break it down. Also on today's show, ACI Worldwide CFO Robert Leibrock on the firm's global payments platform, the business viability of stablecoins, and 'friendly fraud' risk. Plus, Columbia University Senior Lecturer in Political Science Elise Giuliano discusses Bloomberg's exclusive about Steve Witkoff advising Russia on how to pitch a Ukraine plan to Trump. (Source: Bloomberg)
Deere shares fall as the company's first profit outlook for 2026 fell short of expectations. The forecast underscores how the agriculture sector remains in the dark even after a US trade agreement resumes crop shipments to China. Bloomberg Intelligence's Christopher Ciolino discussed the story on "Bloomberg Markets" with Vonnie Quinn. (Source: Bloomberg)
Deere shares fall as the company's first profit outlook for 2026 fell short of expectations. The forecast underscores how the agriculture sector remains in the dark even after a US trade agreement resumes crop shipments to China. Bloomberg Intelligence's Christopher Ciolino discussed the story on "Bloomberg Markets" with Vonnie Quinn. (Source: Bloomberg)
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks picking up steam this Thanksgiving Eve — and bullish bets for 2026 are already rolling in. But as the AI race barrels ahead, investors are tilting toward the safer, steadier corners of the market. Deere throws some cold water on sentiment with a shaky outlook and a farm rebound still out of reach. And consumers? They're looking a little tapped-out heading into the holidays — Stew Leonard’
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks picking up steam this Thanksgiving Eve — and bullish bets for 2026 are already rolling in. But as the AI race barrels ahead, investors are tilting toward the safer, steadier corners of the market. Deere throws some cold water on sentiment with a shaky outlook and a farm rebound still out of reach. And consumers? They're looking a little tapped-out heading into the holidays — Stew Leonard’s CEO joins Bloomberg Open Interest with a look at consumer appetites ahead of Thanksgiving dinner. (Corrects spelling of Rachel Reeves in a graphic) (Source: Bloomberg)
Deere & Co.’s weak forecast for the year ahead reinforces the difficulty in predicting a recovery in the US farm economy as uncertainty continues to swirl over the impact of tariffs and trade deals.
Deere & Co.’s weak forecast for the year ahead reinforces the difficulty in predicting a recovery in the US farm economy as uncertainty continues to swirl over the impact of tariffs and trade deals.
Attendees view Deere & Co. equipment at the National Farm Machinery Show in Louisville, Kentucky.