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Stock Market & Financial Investment News

News Breaks
January 24, 2014
12:27 EDTAGCOAGCO increases quarterly dividend 10%
AGCO declared an increase of 10% in the company’s quarterly dividend, beginning in 1Q14. The dividend increase will result in a quarterly dividend of 11c per common share to be paid on March 14 to all stockholders of record as of the close of business on February 14.
News For AGCO From The Last 14 Days
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October 28, 2014
10:34 EDTAGCOAGCO says targeting lower inventory by reducing production
Says dealer inventory consistent with a year ago.
10:20 EDTAGCOAGCO sees FY14 U.S. industry tractor sales 0%- down 5%.
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09:35 EDTAGCOAGCO sees FY14 free cash flow $125M-$150M, CapEx $350M-$375M
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08:12 EDTAGCOAGCO sees FY14 EPS $4.10-$4.30, consensus $4.16
Sees FY14 net sales $9.5B-$9.7B, consensus $9.66B. The negative impacts of lower sales and production volumes on gross margins are expected to be partially offset by cost reduction initiatives.
08:05 EDTAGCOAGCO reports Q3 EPS ex-items 71c, consensus 62c
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