John Deere Says The World Is In Trouble

On Thursday morning, John Deere reported fourth-quarter earnings and revenue that beat expectations.

In the quarter, the agricultural and construction equipment manufacturer reported earnings per share of $1.83 on revenue of $8.9 billion, topping estimates for $1.57 of earnings on $7.75 billion of sales.

But when compared with the prior year, the company's earnings and revenue both declined, and Deere doesn't expected that trend to abate in 2015.

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Focus on... America's Neglected Infrastructure

There are a lot of people in the United States right now who think the country is falling apart, and at least in one respect they're correct. Our roads and bridges are crumbling, our airports are out of date and the vast majority of our seaports are in danger of becoming obsolete.

All the result of decades of neglect. None of this is really in dispute. Business leaders, labor unions, governors, mayors, congressmen and presidents have complained about a lack of funding for years, but aside from a one time cash infusion from the stimulus program, nothing much has changed. There is still no consensus on how to solve the problem or where to get the massive amounts of money needed to fix it, just another example of political paralysis in Washington.

Tens of millions of American cross over bridges every day without giving it much thought, unless they hit a pothole. But the infrastructure problem goes much deeper than pavement. It goes to crumbling concrete and corroded steel and the fact that nearly 70,000 bridges in America -- one out of every nine -- is now considered to be structurally deficient.

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Wilson Equipment Co. of Lexington, KY, has reported a couple of stolen backhoes. The information on the units, including the serial numbers are:

2012 – Case 580N Tractor Loader Backhoe – NCC560553
2012 – Case 580N Tractor Loader Backhoe – NCC560666

If you have any information, please contact Wilson Equipment at 800-432-0913.

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