New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 22, 2014
12:40 EDTDE, AGCODeere 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).
News For DE;AGCO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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%.
Subscribe for More Information
09:35 EDTAGCOAGCO sees FY14 free cash flow $125M-$150M, CapEx $350M-$375M
Subscribe for More Information
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
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use