Wednesday, August 18, 2010

Deere No Balance Sheet in the Headlights

Deere (DE) left out the balance sheet when they reported boomer numbers for Q3. Everything was about the income statement and how large equipment was selling. For investors to develop an accurate assessment you need to include all the financial statements. The earnings release leaves it out. Surely it was included somewhere else making it more difficult for investors to find and assess. Not investor friendly.

Disclosure: No position in any stocks mentioned in this post.