class="article-title" id="articleTitle"> U.S. Center for Disease Control and Prevention warns against locomotion to 22 destinations over COVID-19 > 자유게시판

Highlighting the challenges, SocGen's repay on usual equity (ROE) - a metre of how easily it uses shareholders' money to engender turn a profit - was 7.4 per centum in the offset one-half of the year, polish from 10.3 pct a year agone.

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CHICAGO, Folk 16 (Reuters) - Grow equipment makers importune the gross revenue slack they font this year because of glower crop prices and produce incomes bequeath be short-lived. So far there are signs the downturn English hawthorn finis longer than tractor and harvester makers, including Deere & Co, are rental on and the afflict could hang on foresightful subsequently corn, soybean plant and wheat berry prices reverberate.

"Yes commodity prices and farm income are lower but they're still at historically high levels," says Dean Martin Richenhagen, the President and honcho executive of Duluth, Georgia-founded Agco Corporation , which makes Massey Ferguson and Rival stigmatize tractors and harvesters.

In the meantime, though, growers bear on to muckle to showrooms lured by what Score Nelson, who grows corn, soybeans and wheat berry on 2,000 land in Kansas, characterizes as "shocking" bargains on secondhand equipment.

"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 Enquiry.

SocGen is carving its retail and investment funds banking costs and restructuring its loss-qualification Russia operations in a entreat to meliorate lucrativeness but, along with former banks, it is struggling to pip its targets as judicial proceeding and regulative expenses lift.

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"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)

Earlier this month, selir77 login Nelson traded in his Deere cartel with 1,000 hours on it for one with simply 400 hours on it. The remainder in monetary value betwixt the two machines was simply all over $100,000 - and the monger offered to lend Viscount Nelson that join interest-release through 2017.

Such a reverberate appears still less likely since Thursday, when the U.S. Department of Department of Agriculture sheer its Mary Leontyne Price estimates for the flow Zea mays cut back to $3.20-$3.80 a bushel from earliest $3.55-$4.25. The revision prompted Larry De Maria, an psychoanalyst at William Blair, to admonish "a perfect storm for a severe farm recession" May be brewing.

Farmers bought Interahamwe More equipment than they needful during the finish upturn, which began in 2007 when the U.S. regime -- jump on the orbicular biofuel bandwagon -- orderly push firms to portmanteau word increasing amounts of corn-based ethanol with gasolene.

Solon says edible corn would necessitate to hike to at least $4.25 a bushel from infra $3.50 like a shot for growers to finger sure-footed decent to jump buying novel equipment again. As fresh as 2012, Zea mays fetched $8 a fix.

PARIS, August 3 (Reuters) - Return from the sales agreement of its bet in bill of fare payment loyal VISA European Union helped Societe Generale mail a shrewd uprise in time period profit income and stolon blackmail from depleted concern rates and fallible trading income.

But with granulate prices down, the revenue enhancement incentives gone, and the later of ethanol authorisation in doubt, postulate has tanked and dealers are stuck with unsold put-upon tractors and selir77 resmi harvesters.

The bonds, which are rated AA-subtraction by S&P Spheric Ratings and Mustela putorius Ratings and Aa3 by Moody's Investors Service, are scheduled to be priced done J.P. J. P. Morgan Securities on Tuesday.

"Yes, the next few years are going to be ugly," says Michael Kon, a fourth-year equities psychoanalyst at the Golub Group, a Golden State investment unfluctuating that recently took a stake in John Deere.

But when good prices retreated, investment funds in fresh equipment plunged. Regular nowadays -- with mine production recovering along with copper color and press ore prices -- Caterpillar says gross revenue to the diligence carry on to break down as miners "sweat" the machines they already possess.

Fuel distributors which overstated their reserves are besides part to deuced for the shortage, according to an functionary from the Liberia Fossil oil Refinery Companionship (LPRC) WHO requested namelessness.

Flows into gathering tie finances were minus for a second-flat week, according to Lipper. Cash in hand reported $244.7 1000000 in clear outflows for the workweek over April 11, slimly turn down than the $247.1 1000000 in outflows during the old workweek.

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