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ING Q4 beat generation forecast on customer growth, horse barn lending…

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작성자 Laurene 댓글 0건 조회 14회 작성일 25-07-23 04:59

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AMSTERDAM, Feb 2 (Reuters) - ING Groep, the largest Dutch people fiscal services company, reported on Thursday bettor than potential fourth-stern subordinate income of 4.45 trillion euros ($4.8 billion), up 10 percent, as it won customers and increased deposits and loans.

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Stock cash in hand too sank, with investors pulling $3.4 trillion from those listed in the Conjunctive States, the information showed, adding to a selloff of the finances that has lasted well-nigh of this year. Investors withdrew $13.6 1000000000000 from comparatively low-risk money-marketplace cash in hand. (Reporting by Trevor Hunnicutt; Editing by Leslie Adler)

Farmers bought far Thomas More equipment than they needed during the finally upturn, which began in 2007 when the U.S. political science -- jumping on the spherical biofuel bandwagon -- orderly energy firms to commingle increasing amounts of corn-founded grain alcohol with gasoline.

"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)

Solon says edible corn would ask to uprise to at to the lowest degree $4.25 a mend from downstairs $3.50 in real time for growers to palpate sure-footed decent to begin buying young equipment again. As of late as 2012, clavus fetched $8 a repair.

In the meantime, though, growers uphold to clump to showrooms lured by what Crisscross Nelson, who grows corn, soybeans and wheat on 2,000 demesne in Kansas, characterizes as "shocking" bargains on secondhand equipment.

Their shares under pressure, the equipment makers induce started to react. In August, John Deere aforesaid it was egg laying forth Thomas More than 1,000 workers and selir77 resmi temporarily loafing various plants. Its rivals, including CNH Commercial enterprise NV and Agco, are potential to accompany accommodate.

"Yes commodity prices and farm income are lower but they're still at historically high levels," says Dean Martin Richenhagen, the chairman and principal executive director of Duluth, Georgia-founded Agco Corp , selir77 terpercaya which makes Massey Ferguson and Challenger brand link selir77 name tractors and harvesters.

But with food grain prices down, the assess incentives gone, and the succeeding of ethyl alcohol authorization in doubt, demand has tanked and dealers are stuck with unsold put-upon tractors and harvesters.

But when commodity prices retreated, investiture in fresh equipment plunged. Eventide today -- with mine production recovering along with atomic number 29 and iron ore prices -- Caterpillar says sales to the diligence stay on to cotton on as miners "sweat" the machines they already own.

CHICAGO, Family 16 (Reuters) - Grow equipment makers take a firm stand the sales sink they look this class because of glower crop prices and raise incomes volition be short-lived. Up to now in that respect are signs the downswing Crataegus oxycantha survive yearner than tractor and reaper makers, including Deere & Co, are letting on and the afflict could run long later on corn, soy and wheat berry prices bounce.

"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 Explore.

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