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Deere & Company.

* Deere & Company reported a net income increase of 36 percent in the second quarter which ended April 30. Net income was $204.3 million in the quarter, with earnings of 87 cents a share, up from $150.1 million or 65 cents a share a year ago. Deere also said the outlook for the North American

farm equipment market has improved, with the farm sector showing signs of stability. The company expects physical sales volume to rise 15 percent in fiscal 2000, compared to a previous forecasted rise of 10 percent. The physical sales volume factors out inflation and currency fluctuations.

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