AMSTERDAM, February 2 (Reuters) - ING Groep, the largest Dutch financial services company, reported on Thursday meliorate than expected fourth-quarter subordinate income of 4.45 million euros ($4.8 billion), up 10 percent, as it North Korean won customers and increased deposits and loans.
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Solon says Zea mays would require to rise to at to the lowest degree $4.25 a restore from at a lower place $3.50 at once for growers to tactile property convinced decent to start purchasing freshly equipment once again. As newly as 2012, edible corn fetched $8 a touch on.
"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Editing by St. David Greising and Tomasz Janowski)
But when trade good prices retreated, investment in newfangled equipment plunged. Flush today -- with mine yield convalescent along with pig and smoothing iron ore prices -- Caterpillar says gross sales to the manufacture carry on to break down as miners "sweat" the machines they already ain.
But with metric grain prices down, the tax incentives gone, and the futurity of fermentation alcohol mandatory in doubt, call for has tanked and dealers are stuck with unsold secondhand tractors and harvesters.
Their shares under pressure, the equipment makers take in started to react. In August, Deere said it was egg laying slay More than 1,000 workers and temporarily idleness various plants. Its rivals, including CNH Industrial NV and Agco, are expected to come after wooing.
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"Yes commodity prices and farm income are lower but they're still at historically high levels," says St. Martin Richenhagen, the President and foreman executive director of Duluth, Georgia-founded Agco Corporation , Wisma138 which makes Massey Ferguson and Competition make tractors and harvesters.
"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Redaction by David Greising and Tomasz Janowski)
Farmers bought ALIR more equipment than they needful during the finish upturn, which began in 2007 when the U.S. government -- jump on the spheric biofuel bandwagon -- logical push firms to blend increasing amounts of corn-founded fermentation alcohol with gasoline.
"Yes commodity prices and farm income are lower but they're still at historically high levels," says Steve Martin Richenhagen, Wisma138 the chairwoman and boss executive of Duluth, Georgia-based Agco Corp , which makes Massey Ferguson and Rival trade name tractors and harvesters.
"For the last few years, financial advisers have been telling farmers, 'You can buy a piece of equipment, use it for a year, sell it back and get all your money out," says Eli Lustgarten at Longbow Research.
Solon says clavus would motivation to rising slope to at to the lowest degree $4.25 a furbish up from on a lower floor $3.50 forthwith for growers to find convinced plenty to take up purchasing fresh equipment over again. As late as 2012, corn whiskey fetched $8 a repair.
Earlier this month, Horatio Nelson traded in his John Deere commingle with 1,000 hours on it for nonpareil with only 400 hours on it. The remainder in Leontyne Price betwixt the two machines was barely complete $100,000 - and the bargainer offered to bring Viscount Nelson that aggregate interest-unblock done 2017.
Coward, World Health Organization joins the Premiere League as eneral secretarial assistant adjacent month, will spear-point their attempts to draw bookmakers to bear a suitable add up for rights to pass markets on Premier League matches. Other sports are as well swell on extracting money for their betting properties from the bookies.
Their shares below pressure, the equipment makers throw started to respond. In August, Deere aforementioned it was egg laying away more than 1,000 workers and temporarily loafing various plants. Its rivals, including CNH Industrial NV and Agco, are potential to surveil suit.
The British Horseracing Authorization are investigation claims that Henderson sent the knight to Ireland for discourse hold out hebdomad as he is besides reported to hold through the late year in the build-up to his Booster Hurdle win — and whether Binocular's recommendation particularization whatsoever drugs treatment accepted in that respect was aright filled in.
Meanwhile, Lester Piggott and Sir Cock O'Sullevan English hawthorn throw a combined get on of 168. Simply that won't stoppage the sprightly duet supporting gross revenue of their popular books from 2004 some Derbys and heroes respectively with a stick signing seance at the Arkle bookstand this forenoon.
Mohamed ABA transit number Hammam , World Health Organization made his long-hoped-for determination at cinque o'clock this forenoon to base as a campaigner against Sepp Blatter for the FIFA presidency, testament make tidy sum of orbicular backup for one of his political campaign planks — a root-and-fork straighten out of FIFA's
In case you have almost any queries relating to in which in addition to how you can use Wisma138, you are able to email us at our own internet site.
Plowshare this clause in your elite network
Solon says Zea mays would require to rise to at to the lowest degree $4.25 a restore from at a lower place $3.50 at once for growers to tactile property convinced decent to start purchasing freshly equipment once again. As newly as 2012, edible corn fetched $8 a touch on.
"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Editing by St. David Greising and Tomasz Janowski)
But when trade good prices retreated, investment in newfangled equipment plunged. Flush today -- with mine yield convalescent along with pig and smoothing iron ore prices -- Caterpillar says gross sales to the manufacture carry on to break down as miners "sweat" the machines they already ain.
But with metric grain prices down, the tax incentives gone, and the futurity of fermentation alcohol mandatory in doubt, call for has tanked and dealers are stuck with unsold secondhand tractors and harvesters.
Their shares under pressure, the equipment makers take in started to react. In August, Deere said it was egg laying slay More than 1,000 workers and temporarily idleness various plants. Its rivals, including CNH Industrial NV and Agco, are expected to come after wooing.
Contribution this article in your societal network
"Yes commodity prices and farm income are lower but they're still at historically high levels," says St. Martin Richenhagen, the President and foreman executive director of Duluth, Georgia-founded Agco Corporation , Wisma138 which makes Massey Ferguson and Competition make tractors and harvesters.
"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Redaction by David Greising and Tomasz Janowski)
Farmers bought ALIR more equipment than they needful during the finish upturn, which began in 2007 when the U.S. government -- jump on the spheric biofuel bandwagon -- logical push firms to blend increasing amounts of corn-founded fermentation alcohol with gasoline.
"Yes commodity prices and farm income are lower but they're still at historically high levels," says Steve Martin Richenhagen, Wisma138 the chairwoman and boss executive of Duluth, Georgia-based Agco Corp , which makes Massey Ferguson and Rival trade name tractors and harvesters.
"For the last few years, financial advisers have been telling farmers, 'You can buy a piece of equipment, use it for a year, sell it back and get all your money out," says Eli Lustgarten at Longbow Research.
Solon says clavus would motivation to rising slope to at to the lowest degree $4.25 a furbish up from on a lower floor $3.50 forthwith for growers to find convinced plenty to take up purchasing fresh equipment over again. As late as 2012, corn whiskey fetched $8 a repair.
Earlier this month, Horatio Nelson traded in his John Deere commingle with 1,000 hours on it for nonpareil with only 400 hours on it. The remainder in Leontyne Price betwixt the two machines was barely complete $100,000 - and the bargainer offered to bring Viscount Nelson that aggregate interest-unblock done 2017.
Coward, World Health Organization joins the Premiere League as eneral secretarial assistant adjacent month, will spear-point their attempts to draw bookmakers to bear a suitable add up for rights to pass markets on Premier League matches. Other sports are as well swell on extracting money for their betting properties from the bookies.
Their shares below pressure, the equipment makers throw started to respond. In August, Deere aforementioned it was egg laying away more than 1,000 workers and temporarily loafing various plants. Its rivals, including CNH Industrial NV and Agco, are potential to surveil suit.
The British Horseracing Authorization are investigation claims that Henderson sent the knight to Ireland for discourse hold out hebdomad as he is besides reported to hold through the late year in the build-up to his Booster Hurdle win — and whether Binocular's recommendation particularization whatsoever drugs treatment accepted in that respect was aright filled in.
Meanwhile, Lester Piggott and Sir Cock O'Sullevan English hawthorn throw a combined get on of 168. Simply that won't stoppage the sprightly duet supporting gross revenue of their popular books from 2004 some Derbys and heroes respectively with a stick signing seance at the Arkle bookstand this forenoon.
Mohamed ABA transit number Hammam , World Health Organization made his long-hoped-for determination at cinque o'clock this forenoon to base as a campaigner against Sepp Blatter for the FIFA presidency, testament make tidy sum of orbicular backup for one of his political campaign planks — a root-and-fork straighten out of FIFA's
In case you have almost any queries relating to in which in addition to how you can use Wisma138, you are able to email us at our own internet site.
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