{"id":66790,"date":"2026-08-20T06:38:15","date_gmt":"2026-08-20T10:38:15","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/deere-uk-factory-orders-hit-two-year-high\/66790\/"},"modified":"2026-08-20T06:38:15","modified_gmt":"2026-08-20T10:38:15","slug":"deere-uk-factory-orders-hit-two-year-high","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/deere-uk-factory-orders-hit-two-year-high\/66790\/","title":{"rendered":"Deere &#038; Co. Surges on Q3 Beat and Guidance Hike; UK Factory Orders Hit Two-Year High"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Deere &amp; Co. (<a href=\"\/stock\/DE\">DE<\/a>)<\/strong> reported a significant <strong>Q3 2026<\/strong> earnings beat with an <strong>EPS of $5.10<\/strong> (vs. $4.10 est.) and raised its full-year net income guidance to a range of <strong>$4.75 billion to $5.00 billion<\/strong>.<\/li>\n<li><strong>UK factory orders<\/strong> saw their sharpest improvement in over five years, with the <strong>CBI Total Orders<\/strong> index jumping to <strong>-25 in August<\/strong> from -45 in July, marking the highest level since late 2024.<\/li>\n<li><strong>Germany<\/strong> reported a record <strong>14,000 heat-related deaths<\/strong> so far in 2026, with the public health institute citing a historic heatwave in late June as the primary driver of the spike.<\/li>\n<li>The <strong>Bundesbank<\/strong> warned that depleted river levels are hampering Germany&#39;s recovery, though it still expects <strong>GDP to expand slightly<\/strong> in the third quarter.<\/li>\n<li><strong>Romania&#39;s military<\/strong> successfully intercepted and destroyed two marine drones near the <strong>Neptun Deep<\/strong> gas project in the Black Sea, securing critical energy infrastructure.<\/li>\n<\/ul>\n<h2>Corporate Earnings and Market Action<\/h2>\n<p><strong>Deere &amp; Company (<a href=\"\/stock\/DE\">DE<\/a>)<\/strong> shares gained momentum after the equipment giant posted third-quarter net income of <strong>$1.38 billion<\/strong>, comfortably exceeding analyst estimates of $1.27 billion. Management explicitly called 2026 the &quot;bottom of the ag equipment cycle,&quot; a statement that bolstered investor confidence despite a <strong>6% decline<\/strong> in Production &amp; Precision Agriculture sales. The company\u2019s <strong>Construction &amp; Forestry<\/strong> division carried the quarter, with net sales rising <strong>18% to $3.62 billion<\/strong> and operating margins expanding to <strong>12.1%<\/strong>.<\/p>\n<p><strong>Alibaba Group Holding Ltd. (<a href=\"\/stock\/BABA\">BABA<\/a>)<\/strong> ADRs erased earlier losses to gain <strong>0.5%<\/strong> as investors weighed a cautious outlook against a strong capital return program. The company is benefiting from an &quot;inflection point&quot; in its <strong>Cloud Intelligence Group<\/strong>, which saw external growth accelerate toward <strong>40%<\/strong>. Despite ongoing regulatory scrutiny and a recent securities class action, the options market remains bullish with a <strong>put-to-call ratio of 0.42x<\/strong> heading into the latest quarterly print.<\/p>\n<h2>European Economic Indicators<\/h2>\n<p>The <strong>Confederation of British Industry (CBI)<\/strong> reported a dramatic turnaround in UK manufacturing, as the total order book balance rose <strong>20 points to -25 in August<\/strong>. While the figure remains in negative territory, it represents the largest monthly improvement in years, fueled by a recovery in <strong>export demand<\/strong> which turned positive for the first time since mid-2022. However, <strong>selling price expectations<\/strong> also climbed to <strong>+22<\/strong>, suggesting that inflationary pressures remain a concern for the Bank of England.<\/p>\n<p>In Germany, the <strong>Bundesbank&#39;s<\/strong> August report struck a balanced tone, noting that while the economy is &quot;on the path to recovery,&quot; environmental and geopolitical factors are creating headwinds. Low water levels on the <strong>Rhine<\/strong> are currently disrupting the transport of goods, which the central bank warned could &quot;significantly impair industrial production.&quot; Notably, the report found <strong>no evidence of second-round inflation effects<\/strong> from the Iran war through wage increases, providing some relief regarding the long-term price outlook.<\/p>\n<h2>Geopolitical and Social Developments<\/h2>\n<p>Security in the <strong>Black Sea<\/strong> remains a critical focus for energy markets after the <strong>Romanian Defence Ministry<\/strong> confirmed an <strong>F-16 fighter jet<\/strong> and military divers neutralized two drifting &quot;Gerbera-type&quot; drones. The drones were headed toward the <strong>Neptun Deep<\/strong> gas project, a strategic site expected to make Romania Europe\u2019s largest gas producer by 2027. This incident follows over <strong>30 reported airspace violations<\/strong> by drones in the region this year, highlighting the persistent risks to European energy infrastructure.<\/p>\n<p>On the humanitarian front, the <strong>European Commission<\/strong> has signaled its expectation that all migrants who entered the Spanish enclave of <strong>Ceuta<\/strong> illegally should be returned to <strong>Morocco<\/strong>. This includes unaccompanied minors, a stance that has sparked a political &quot;U-turn&quot; in Madrid as the Spanish government now plans to relocate <strong>500 migrant children<\/strong> to the mainland. Meanwhile, <strong>Germany<\/strong> is facing a public health crisis as the <strong>Robert Koch Institute<\/strong> confirmed that heat-related mortality has reached record levels, with <strong>9,600 deaths<\/strong> occurring in a single week during a June heatwave where temperatures topped <strong>40\u00b0C<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Deere &amp; Co. (DE) reported a significant Q3 2026 earnings beat with an EPS of $5.10 (vs. $4.10 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4817,6115,7068,14562,21816],"class_list":["post-66790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-manufacturing","tag-alibaba-baba-stock-baba","tag-cbi","tag-economic-recovery","tag-black-sea-security"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=66790"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=66790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=66790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=66790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}