Articles Tagged with ''quarter''

Ag Equipment Intelligence

Canadian Dealerships Show Mixed Results in 1Q

Two publicly held Canadian dealerships — Cervus Equipment Corp. (“CVL” – John Deere) and Rocky Mountain Dealerships (“RME” – Case IH & New Holland) — issued first-quarter earnings reports on May 11. According to Raymond James Ltd. analyst Ben Cherniavsky, one hit the mark while the other didn’t live up to expectations.
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Ag Equipment Intelligence

‘Big Oil’ Working on an Ethanol Substitute

The Congressional mandate to add ethanol to gasoline to reduce the country’s dependence on foreign oil has fueled much of the strong growth in farm machinery sales for the past few years. But if big oil’s plans for an ethanol substitute comes to fruition, the ag equipment run could be slowed down significantly.
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