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DewDiligence

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DewDiligence

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Re: acgood post# 5294

Tuesday, 06/26/2012 7:06:34 PM

Tuesday, June 26, 2012 7:06:34 PM

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HES can’t do it, but DE can:

http://www.bloomberg.com/news/2012-06-26/deere-sells-1-6-billion-of-bonds-helping-to-extend-maturities.html

The Moline, Illinois- based company has pushed out the weighted average maturity date on its debt to June 2018 from October 2015 with nearly $5 billion of bond sales this year. That’s more than twice the amount sold for the same period in 2011.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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