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February 15, 2012 10:00 am ET
Tony Huegel - Director, IR
Susan Karlix - Manager, Investor Communications
Jim Field - SVP & CFO
Marie Ziegler - VP & Treasurer
Andrew Obin - Bank of America - Merrill Lynch
Andy Kaplowitz - Barclays Capital
Jamie Cook - Credit Suisse
Henry Kirn - UBS
Rob Wertheimer - Vertical Research Partners
Andy Casey - Wells Fargo Securities
Steve Volkmann - Jefferies & Co
Robert McCarthy - Robert W. Baird
Jerry Revich - Goldman Sachs
Joel Tiss - Buckingham Research
Ashish Gupta - Credit Agricole Securities
Seth Weber - RBC
David Raso - ISI Group
Ann Duignan - JPMorgan
Good morning and welcome to Deere’s first quarter earnings conference call. Your lines have been placed on listen only until the question-and-answer session of today’s conference. I would now like to turn the call over to Mr. Tony Huegel, Director of Investor Relations. Thank you sir, you may begin.
Also on the call today are Jim Field, our Chief Financial Officer; Marie Ziegler, Vice President and Treasurer; and Susan Karlix, our Manager of Investor Communications. Today we’ll take a closer look at Deere’s first quarter earnings, then spend some time talking about our markets and the outlook for the remainder of 2012. After that we’ll respond to your questions.
Please note that the slides are available to complement the call this morning. They can be accessed on our website at www.johndeere.com. First a reminder, this call is being broadcast live on the Internet and recorded for future transmission and use by Deere and Thompson Reuters. Any other use, recording, or transmission of any portion of this copyrighted broadcast without the expressed written consent of Deere is strictly prohibited. Participants in the call including the Q&A session agree that their likeness and remarks in all media may be stored and used as part of the earnings call.