Deere reported better-than-expected profit and revenue for its latest quarter and issued an upbeat outlook. The company said it benefited from positive farm fundamentals and increased infrastructure investment. Deere's stock jumped 4.2% in premarket trading.
Lenovo, a Chinese company, reported an increase of 4% in operating profit for the quarter ending September, compared to the same period last year.
Lenovo Group Ltd.'s earnings increased by 6% after the company relied on cost reductions and new businesses to weather an unprecedented slump in global computing demand.