The maker of John Deere tractors has agreed to pay a $10 million penalty to the US government to settle charges that it lavished Thailand government officials with extravagant trips and visits to massage parlors — bribes that netted its subsidiary more than $4 million in profit.Deere & Co. came to an agreement on Tuesday with the Securities and Exchange Commission, which charged the company with violating the US Foreign Corrupt Practices Act.The Moline, Ill.-based company did not admit to any wrongdoing nor ...

文章核心观点 - 美国证券交易委员会指控约翰·迪尔公司(Deere & Company)的全资子公司Wirtgen Thailand在泰国行贿受贿案中违反了《反海外腐败法》(FCPA) [1][2][3] - Wirtgen Thailand从2017年底到2020年期间,向泰国政府官员和私营公司员工行贿,以获得政府合同和销售订单,获得约430万美元的不当利润 [2] - 迪尔公司未能及时将Wirtgen Thailand纳入其现有的合规和内部控制体系,导致这些行贿行为持续多年未被发现 [3] 公司概况 - 迪尔公司是一家总部位于伊利诺伊州的全球农业机械和重型设备制造商 [1] - 2017年收购了Wirtgen Thailand这家子公司 [3] 违规行为 - Wirtgen Thailand员工向泰国政府官员(包括皇家泰国空军、公路部和农村道路部门)以及私营公司员工行贿,以获得政府合同和销售订单 [2] - 行贿方式包括现金支付、按摩店服务和国际旅行等 [2] - 这些不当支付被错误地记录为合法费用 [2] 处罚结果 - 迪尔公司同意支付近1000万美元,其中包括540万美元的违规利得和利息,以及450万美元的罚款 [3] - 迪尔公司未承认或否认SEC的调查结果,同意停止进一步违规行为 [3]

Deere & Company (DE) has been facing challenges due to weak farmer spending amid low commodity prices. This weighed on its earnings and share price performance. The U.S. Department of Agriculture’s (USDA) report released on Sept. 5 suggests that while farm income will decline in 2024, it will be less severe than previously expected. USDA expects production costs to be favorable for farmers this year. Deere’s shares dipped 2% on Sept. 5, following USDA’s revised outlook, and have lost 1.2% since. Year to dat ...

Deere & Co. DE, doing business as, John Deere, might be famous for its green tractors, but it's seeing red as news broke of a $9.93 million settlement with the SEC.The charge? Violations of the Foreign Corrupt Practices Act through improper payments made by its subsidiary, Wirtgen Thailand, to foreign officials, including those from Thailand's Royal Air Force, reported Reuters.The stock has been dragging too, down 4.49% YTD and 4.37% over the last year. But despite the legal drama, Deere's fundamentals may ...

PM Images We are always on the lookout for dividend increases. Whether it is on our website or social media platforms, we are always sharing dividend increase news. In this article, we are featuring 6 expected dividend increases in September 2024. You won't want to miss it! Why do we suspect these companies are going to announce a dividend increase in September? The dividend stocks featured in this article all have a history of announcing their annual dividend increases in September. The funny thing abo ...

现金流分析 - 公司预计2024年经营现金流将低于2023年，主要由于净收入调整后的非现金性项目减少以及应付账款和应计费用减少[128] - 2024年9个月内公司经营活动产生的现金流入为41.39亿美元，主要来自净收入调整后的非现金性项目，部分被营运资金变动抵消[128] - 2024年9个月内公司融资活动产生的现金流出为7.89亿美元，主要是支付给股东的现金部分被外部借款增加所抵消[128] - 公司2024年营业活动产生的净现金流为41.39亿美元[145] - 公司2024年投资活动使用的净现金流为36.71亿美元[145] - 公司2024年融资活动使用的净现金流为7.89亿美元[145] - 公司2024年末现金及现金等价物余额为72.93亿美元[145] 资产负债分析 - 2024年9个月内公司应收账款和应收票据减少2.7亿美元，主要是销量下降所致[129] - 2024年9个月内公司融资应收款和经营租赁设备增加13.63亿美元，主要是经销商库存水平上升和零售客户应收款组合增加所致[129] - 2024年9个月内公司应付账款和应计费用减少17.33亿美元，主要是应付账款和与销售折扣及员工福利相关的应计费用减少所致[129] - 2024年9个月内公司总外部借款增加24.44亿美元，主要与应收款和租赁组合规模以及其他营运资金需求相匹配[132] - 公司现金及现金等价物为70.04亿美元[143] - 公司应收账款及票据净额为74.69亿美元[143] - 公司融资应收款净额为438.96亿美元[143] - 公司存货为76.96亿美元[143] - 公司物业及设备净额为70.92亿美元[143] - 公司商誉为39.60亿美元[143] - 公司其他无形资产净额为10.30亿美元[143] - 公司应付账款及应计费用为143.97亿美元[144] - 公司长期借款为426.92亿美元[144] - 公司递延所得税负债为4.81亿美元[144] 业务表现 - 2024年设备业务净销售额为113.87亿美元，2023年为142.84亿美元[139] - 2024年金融服务业务收入为16.67亿美元，2023年为14.45亿美元[139] - 2024年设备业务研发费用为5.67亿美元，2023年为5.28亿美元[139] - 2024年设备业务销售、管理和一般费用为9.62亿美元，2023年为9.13亿美元[139] - 2024年设备业务税前利润为21.61亿美元，2023年为33.18亿美元[139] - 2024年金融服务业务税前利润为1.94亿美元，2023年为2.88亿美元[139] - 2024年公司合并税前利润为23.55亿美元，2023年为36.06亿美元[139] - 2024年公司合并净利润为17.34亿美元，2023年为29.78亿美元[139] - 2024年设备业务净销售额为354.84亿美元，2023年为417.65亿美元[141] - 2024年公司合并税前利润为76.87亿美元，2023年为99.46亿美元[141] - 公司2024年营业收入中服务收入占比较2023年有所增加[145] 其他 - 2024年9个月内公司投资了1.77亿美元的阿根廷中央银行发行的美元债券[127] - 2024年9个月内公司未使用的信贷额度增加主要是由于商业票据余额减少[127] - 公司获得了较高的信用评级,有利于以较低的成本获得资金[133] - 公司2024年计提的信用损失准备较2023年有所增加[145] - 公司2024年股份支付费用较2023年有所增加[145] - 公司2024年应收账款及存货等营运资金变动对现金流产生一定影响[145] - 公司2024年资本性支出较2023年有所增加[145] - 公司2024年偿还债务支付较2023年有所增加[145]

Dmytro Synelnychenko/iStock via Getty Images Introduction Is the U.S. about to enter a recession? Going into this month, that seemed to be the consensus, as poor nonfarm payroll numbers caused investors to believe the Fed may have gone too far by keeping rates too high for too long. For most market participants, predicting the next recession is similar to sports bettors predicting the winner of the Super Bowl. However, just like predicting the Super Bowl, predicting a recession is tough. On August 13, Ben C ...

OSAGE, IOWA - AUGUST 10: John Deere farm equipment is offered for sale at a dealership on August 10, ... [+] 2024 in Osage Iowa. (Photo by Scott Olson/Getty Images)Getty ImagesDeere (NYSE: DE) recently reported its Q3 fiscal 2024 results (fiscal ends in October), with revenues and earnings exceeding the street estimates. The company reported equipment revenue of $11.8 billion and earnings of $6.29 per share, compared to the consensus estimates of $10.9 billion and $5.68, respectively. Following the Q3 beat, ...

As murky as the outlook for farming and construction equipment is, Deere & Company's DE operational quality and capital return have its stock price on track to hit a fresh high soon. The critical details from the Q3 release include top and bottom-line strengths, favorable guidance despite challenging conditions, robust capital return, and a pledge to continue working on costs.  The takeaway is that Deere & Company's business contraction is severe but not as bad as expected, and the company is healthy enough ...

Deere is a cyclical stock worth holding through market cycles.Deere (DE 1.25%) stock has been under pressure as the peak of its earnings boom seems to be over. However, the agriculture, construction, and forestry original equipment manufacturer is still delivering impeccable results that have far exceeded pre-pandemic levels.Here's why Deere is an excellent dividend stock to buy around its two-year low, even if earnings growth clocks lower in the future. Deere is coming off a historic boomThe best way to ap ...