Latest news with #Moline
Globe and Mail
6 days ago
- Business
- Globe and Mail
Deere & Company Announces Quarterly Dividend
MOLINE, Ill. , May 28, 2025 /CNW/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.62 per share payable August 8, 2025 , to stockholders of record on June 30, 2025 .
Epoch Times
16-05-2025
- Business
- Epoch Times
Deere Tops Earnings Estimates, Reaffirms Focus on US Manufacturing
John Deere's revenue and earnings dropped in the second quarter of fiscal year 2025 due to a global decline in sales, but beat expectations. The company reaffirmed its guidance for the rest of the fiscal year, continuing to embrace local American manufacturing. On May 15, the Moline, Illinois-based agricultural and construction equipment maker reported net income of $1.804 billion for the second quarter ended April 27, or $6.64 per share, exceeding market forecasts. That compares with net income of $2.370 billion, or $8.53 per share, for the same quarter a year earlier. Net income was $2.673 billion, or $9.82 per share, for the first six months of the fiscal year, down from $4.121 billion, or $14.74 per share, for the same period last year. Globally, net sales and revenue dropped 16 percent, to $12.763 billion, in the second quarter, also beating market forecasts. 'As we navigate the current environment, our customers remain our top priority,' said John May, chairman and CEO of John Deere. 'I'm incredibly proud of our team's execution this quarter, delivering exceptional performance despite challenging market dynamics.' Meanwhile, the company kept its full-year revenue outlook at $4.75 billion to $5.50 billion, though slightly broader than the one provided in February. It also expects cash flow from equipment operations to remain between $4.5 billion and $5.5 billion, keeping its guidance steady despite market volatility. Related Stories 4/22/2025 4/29/2025 'Despite the near-term market challenges, we remain confident in the future,' May said. 'Our commitment to delivering value for our customers includes ongoing investment in advanced products, solutions, and manufacturing capabilities. 'Over the next decade, we will continue to invest significantly in our core U.S. market, underscoring our dedication to innovation and growth while focusing on remaining cost-competitive in a global market.' John Deere's shares rose 3.78 percent during the May 15 trading session. Over the past five years, the stock has risen nearly 310 percent, outperforming the S&P 500 Index, which has gained more than 106 percent over the same period. Meanwhile, the company continues to embrace its American manufacturing heritage. It produces its products mostly at home, close to the farming markets it serves, with factories mostly in Iowa, Georgia, Illinois, Louisiana, and Wisconsin. During the earnings call, May touted 'Smart Industrial,' the company's strategy of combining advanced technology with manufacturing. 'We will continue to invest capital robustly in R&D to bring these integrated solutions to market, enhancing our global competitiveness. I'm proud that this innovative work will build on our American roots, and we are prepared to invest $20 billion in the U.S.' Meanwhile, the company noted that its profit margins surpassed projections despite tariff headwinds thanks to better-than-expected sales and lower production costs from efficiency gains in its material sourcing and factory operations. That could change in the second half of the year, as global uncertainty continues to weigh on customer sentiment across business segments and markets. 'While the top end of our fiscal '25 outlook remains relatively unchanged from prior guidance, a fluid tariff environment has broadened our guidance range as we actively work to mitigate impacts to both our customers and Deere,' May said.
Chicago Tribune
15-05-2025
- Sport
- Chicago Tribune
Ace righty Mason Bruesch uses his background to jump on first pitch as Geneva's leadoff hitter. ‘It's just smart.'
For some reason, Geneva pitcher Mason Bruesch has gravitated toward being a leadoff hitter ever since childhood. So coming into the season, when Vikings coach Brad Wendell was constructing a new-look batting order and replacing an entire starting lineup lost to graduation, the top spot was a quick decision. 'I love leadoff,' Bruesch said. 'I've been hitting there since I was like 12. You get to jump on the first pitch of the game, which is nice.' The sophomore right-hander put it all on display Wednesday. He hit a solo home run to lead off the fourth inning and added an RBI single in the fifth that proved to be the difference for host Geneva in a 2-1 DuKane Conference win over St. Charles East. Bruesch, who broke up the bid for a perfect game by Nathan Moline with his homer, struck out three in six strong innings for the Vikings (21-9). He allowed an unearned run on two hits and two walks. Ethan Gronberg singled and scored and Alex Abraham added a double. Moline was excellent in defeat for the Saints (12-15, 8-9). He went six innings, striking out five and allowing two runs on six hits. Andrew Evans singled in Andrew Zolna for their lone run. When looking at his options before the season, Wendell valued getting his potentially best hitters the most plate appearances possible, putting them in the top three of the order. Bruesch fit comfortably into that group. But even more went into it. 'He does have pop,' Wendell said of Bruesch. 'When he gets that pitch he likes, he rips it. He hits power ground balls through the infield. 'In the end, it was his on-base percentage. He sees pitches. He's competitive with two strikes.' Bruesch leads the team in batting average at .394 and in home runs with four. He's added 29 runs, seven steals, seven doubles and 19 RBIs. That's in addition to going 4-4 on the mound. The high RBI total out of the leadoff spot is a byproduct of the whole lineup clicking. 'He's come up in key situations,' Wendell said of Bruesch, who mans center field when he's not pitching. 'My bottom half has done a really nice job of loading it up for him. 'They're working hard to get on base.' Bruesch said he has an advantage batting leadoff since he's also a pitcher. He knows what he would do to attack a leadoff hitter and he uses that to succeed. 'The guy wants to start off with a strike,' Bruesch said. 'I know what the pitcher's mentality is. It's just being smart.' It wasn't the first pitch of the game Bruesch jumped on. Moline retired the first nine batters of the game. The second time around, though, Bruesch pounced. 'I was definitely seeing it well,' he said. 'He threw me a slider right down the middle and I jumped right on it. I was sitting slider.' It was one of the few mistakes Moline made all day as he works to establish himself as a key postseason contributor for the Saints. 'He's just been executing more and more with each start he's had,' St. Charles East coach Derek Sutor said of Moline. 'That's kind of the thing for him, building confidence for the postseason. 'In the postseason, he's going to be tough.' Bruesch still has a long way to go in his high school career before he'll have to decide what he would prefer to do in college should that opportunity present itself. However that plays out, Wendell is enjoying Bruesch's contributions while knowing it will all shake out in the end. 'Whatever Mason wants to do in the game, he's going to work for it,' Wendell said. 'And he's going to be rewarded.'
Yahoo
12-05-2025
- Business
- Yahoo
Moline-Coal Valley School District announces new leaders
The Moline-Coal Valley School District has announced new assistant principals and dean for the 2025-2026 school year, according to a news release. Jeff Whitaker has been named assistant principal for curriculum, instruction and assessment. He currently serves as principal of Rock Island High School. Caitlin Hillier has been named assistant principal for the future consolidated Lincoln-Irving-Willard Schools. She is currently an Instructional Coach at Washington Elementary School. Jenna Bohland has been named dean at Moline High School. She is currently a math teacher at Moline High School. All positions were approved at Board of Education meetings in April. The new administrators will assume their new roles this summer. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
11-05-2025
- Business
- Yahoo
Moline-Coal Valley School named Innovative District for 2nd time
Moline-Coal Valley School District has been designated as an Innovative District for the second time at the distinguished 2025 Model Schools Conference, according to a news release. Moline-Coal Valley previously received this same designation at the June 2024 Model Schools Conference. Hosted by the Center for Model Schools, this annual gathering will take place June 22-25, 2025, in Washington, D.C. This nationally renowned event celebrates visionary school systems that drive meaningful change and implement bold strategies to improve student achievement. Chosen from an exceptional field of districts across the country, Moline-Coal Valley earned thisrecognition two years in a row through its steadfast focus on collaboration, instructional leadership, and continuous improvement. The district's commitment to creating equitable,rigorous, and student-centered learning environments has made a measurable impact onstudent outcomes. 'We are honored to be recognized as an Innovative District once again at MSC 2025,' said Rachel Savage, superintendent of Moline-Coal Valley School District. 'This recognition affirmsthe incredible work of our educators, leaders, and students who are relentlessly committed toensuring all learners have access to ambitious instruction in supportive and engaging learningenvironments.' As part of this honor, district leaders will present a featured session titled 'Moline-Coal ValleySchool District, Moline, IL: Building a Culture of Ambitious Instruction and CollaborativeLearning Teams.' Presenters include Dr. Brian Prybil, Deputy Superintendent; Robert Beem, future Director of Secondary Education; and Steven Etheridge, Director of Elementary Education. The session will explore how the district has strategically used the 5 Essentials framework toanchor a continuous improvement process that connects district-level initiatives directly to classroom practices. Central to this work has been the emphasis on Ambitious Instruction,achieved by building leadership capacity and fostering teacher collaboration. A hallmark of the district's approach has been the creation of Learning Teams—partnerships oftwo or three schools engaging in classroom visits and feedback cycles. These teams use theCenter for Model Schools' Rigor/Relevance rubrics to provide actionable feedback and identify areas for growth. This powerful peer-driven process has helped cultivate a district-wideculture of reflective practice and rigorous teaching, resulting in notable gains in student learningand instructional coherence. About the CenterThe Center for Model Schools, a division of HMH, is the only organization devoted to providingyear-round leadership support through its namesake Model Schools Conference, leadershipcohorts, and 1:1 consulting. Each team member at The Center for Model Schools has a proven history of successfullydriving student growth – with specializations that include creating equitable and inclusivelearning environments and building cultures of collaboration. Leaders who engage with The Center can expect personalized partnership to create a Model School environment, where students can realize their greatest potential – because every child deserves a Model School, and leaders make it happen. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
