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Stock Market & Financial Investment News

News Breaks
April 30, 2014
05:33 EDTAGCOAGCO downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded AGCO to Neutral citing low visibility following the company's weaker than expected Q2 results. Piper lowered its price target for shares to $62 from $67.
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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