Daily business briefing: Deere and Co. see income jump

February 12, 2014 

First-quarter net income rose almost 5 percent for Deere & Co as the company reported high crop prices in recent years have benefited farmers. As a result, this has driven a boom in demand for Deere's iconic green and yellow tractors and other motorized farm gear. Read more at http://www.bnd.com/stlouis. ...

***

Toyota is recalling 1.9 million hybrid Prius cars because of a software glitch that could cause the vehicle to stall. Toyota Motor Corp. said the problem is recalling 997,000 Prius cars in Japan, some 713,000 in North America and another 130,000 in Europe. Find out more at http://www.bnd.com/stlouis. ...

***

Heineken NV expects higher sales volumes this year. Heineken reported a 52 percent fall in net profit last year to $1.85 billion while revenues increased 1.3 percent. Learn more at http://www.bnd.com/stlouis. ...

***

The percentage of mortgage holders at least two months behind on their payments fell in the fourth quarter to 3.85 percent. Credit reporting agency TransUnion said that was down from 5.08 percent a year earlier. For more information, go to http://www.bnd.com/stlouis.

-- Will Buss, BND business writer

Belleville News-Democrat is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service