John Deere

Russell Christ

A retired executive from John Deere has taken on a major challenge. Wednesday republican Russell Christ announced he's running for Rock Island County Clerk, and will face democratic incumbent Karen Kinney next year.

A former employee of John Deere will go to prison for cheating the company. Tuesday in federal court in Rock Island, Harvey Ulfers was sentenced to two years and nine months following his guilty pleas to wire fraud and money laundering.

2016 John Deere Classic winner Ryan Moore and Deere CEO Sam Allen
WVIK News

It's a milestone year for the John Deere Classic. Deere signed its first sponsorship agreement with the PGA 20 years ago, and now has the third longest sponsor relationship on the the tour.

Thanks to a strong second quarter, Deere and Company has raised its outlook for the year. Friday the company reported earnings rose to $802 million or $2.49 per share, compared to $1.56 a year ago.

A deal between John Deere and Monsanto has been called off. Monsanto canceled the agreement to sell its subsidiary, Precision Planting.

TPC Deere Run

On Midwest Week, the John Deere Classic is now 20 years old - not the tournament but the sponsorship.

Bronze statue located outside Deere headquarters in Moline, IL
Michelle O'Neill / WVIK News

Deere and Company makes money for investors even when farmers are suffering. Michelle O'Neill reports that's one of the messages Chairman and CEO Sam Allen emphasized during today's annual meeting at World Headquarters in Moline.

Sam Allen is pleased with Deere and Company's performance during the downturn in the agriculture sector. He's also confident it can help customers feed and shelter the world's growing population for decades to come.

A man leaves the John Deere World Headquarters after the annual meeting.
Michelle O'Neill / WVIK News

Hundreds of people who own John Deere stock will come to the Quad Cities tomorrow. Michelle O'Neill reports the company's annual meeting will be held at World Headquarters in Moline.

Shareholders will elect twelve directors, including the newest one, Alan Heuberger. He's Senior Manager at BMGI, a consulting firm specializing in strategic problem-solving. Shareholders will also vote on other routine items such as Deere and Company's accounting firm and executive compensation.

Deere & Company

Earnings fell but sales and revenue rose for Deere and Company during its first quarter. 

John Deere has settled a "whistleblower" lawsuit. Thursday the US Department of Labor announced the company has agreed to pay back wages and damages to a former employee in the Quad Cities who claimed he was fired after reporting unsafe working conditions.

Pages