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EARNINGS

December 09, 1987

Deere & Co. reported a loss of $99 million for the fiscal year, compared to a loss of $299 million in 1986. The company posted a profit of $32.6 million in the fourth quarter, a turnaround from a loss of $139.7 million a year ago. The Moline, Ill., farm equipment maker credited improved results to higher sales and production. Revenue was up 17% to $4.1 billion.

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