Correction to Deere Sees Strong Equipment Demand Article (Feb. 16)
February 19 2018 - 04:30PM
Dow Jones News
Deere booked $965 million in charges related to the new federal
tax legislation. The charges stem from the write-down of the value
of Deere's net deferred tax assets and the repatriation of
previously untaxed earnings held overseas. "Deere Sees Strong
Equipment Demand This Year," at 9:43 a.m. and an update at 12:26
p.m. EST on Feb. 16, misstated details on the charges in the 10th
paragraph.
(END) Dow Jones Newswires
February 19, 2018 16:15 ET (21:15 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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