Deere (DE +1.2%) says health care reform will increase its fiscal-year expenses by $150M, an...

|About: Deere & Company (DE)|By:, SA News Editor

Deere (DE +1.2%) says health care reform will increase its fiscal-year expenses by $150M, an amount not included in its FY2010 profit outlook. Similar disclosures from Caterpillar (CAT +1.3%) and AK Steel (AKS +1.8%) in the days since Congress passed the health care overhaul are the first in what may become a $14B whack on corporate profits.