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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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August 22, 2014
12:43 EDTAGCODeere, AGCO fall after analyst cuts ratings to sell
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12:40 EDTAGCODeere layoffs consistent with thesis, says Wells Fargo
After Deere (DE) announced that it would lay off 60 employees at its Waterloo, Iowa, manufacturing facility, Wells Fargo says the layoffs are consistent with the firm's view that the farm equipment cycle is in decline. The firm thinks that farm equipment manufacturers' earnings power are poised to decline ,and it keeps Underperform ratings on Deere and AGCO (AGCO).
10:01 EDTAGCOOn The Fly: Analyst Downgrade Summary
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08:17 EDTAGCOAGCO downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded AGCO to Underperform based on weakening demand and excess inventory that will pressure revenues. Price target lowered to $44 from $50.
August 13, 2014
08:50 EDTAGCODeere guidance reduction negative for shares, says Wells Fargo
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August 12, 2014
14:21 EDTAGCOWASDE bearish for farm equipment manufacturers, says Wells Fargo
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