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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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June 23, 2015
08:54 EDTAGCOAGCO sale to Deere or CNH unlikely, says BofA/Merrill
BofA/Merrill said an AGCO (AGCO) sale to Deere (DE) or CNH (CNHI) is unlikely given antitrust factors and a tie-up with Japan's Kubota would face cultural obstacles. The firm raised its price target on Neutral rated AGCO to $58 from $53 to reflect activist investor Blue Harbour's increased stake but said industry fundamentals may still get worse.
June 22, 2015
10:00 EDTAGCOOn The Fly: Analyst Upgrade Summary
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06:54 EDTAGCOAGCO upgraded to Neutral from Underweight at JPMorgan
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