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Stock Market & Financial Investment News

News Breaks
February 5, 2013
14:37 EDTAGCOAGCO projects its 2013 tractor/combine production about flat compared to 2012
Sees North American industrywide retail tractor sales about flat in 2013. Sees South American industrywide retail tractor sales up 5%-10% and Western Europe sales flat to down 5% compared to 2012. Says targeting 2013 Free Cash Flow of $125M-$150M after increased CapEx of $400M-$425M. Information from slides for Q4 earnings conference call.
News For AGCO From The Last 14 Days
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March 31, 2015
14:00 EDTAGCOUSDA data a modest short-term negative for Deere, AGCO, says Wells Fargo
Wells Fargo said the USDA's Prospective Plantings report had a higher acreage forecast for corn and lower for soybeans and wheat than the consensus view. The firm said it sees the combination of that data and the Grain Stocks report as a modest short-term negative for farm equipment stocks and it maintains its Market Perform rating on Deere (DE) and Underperform rating on AGCO (AGCO).

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