Deere & Co. (DE) Falls Pre-Open

August 17, 2011 8:43 AM EDT
After trading up a moments ago as a result of solid EPS, Deere & Company (NYSE: DE) has dropped 1.5% over the past little while.

The drop could be related to hotter-than-expected PPI number which came out at 8:30AM.

PPI for July came in at 0.2%, vs. the consensus of 0.1%. Core PPI was up 0.4%, vs. the consensus of 0.2%.


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