Key Developments: AGCO Corp (AGCO.K)

AGCO.K on New York Consolidated

46.43USD
16 Sep 2014
Price Change (% chg)

$-0.61 (-1.30%)
Prev Close
$47.04
Open
$46.81
Day's High
$46.98
Day's Low
$46.38
Volume
1,401,166
Avg. Vol
1,330,268
52-wk High
$64.60
52-wk Low
$46.35

Search Stocks

Latest Key Developments (Source: Significant Developments)

Agco Corp's Grain Systems, Inc Purchases Johnson System Inc
Wednesday, 25 Sep 2013 03:00pm EDT 

Grain Systems, Inc. (GSI), a global brand of Agco Corp, announced that it has purchased Johnson System Inc. (JSI), manufacturer of catwalks, towers and support structures based in Marshall, Michigan. The acquisition includes JSI`s manufacturing operation in Marshall and approximately 70 employees, all of whom will be retained by GSI. Owners Howard and Kathleen Johnson, who founded JSI in 1983, will continue on to assist with the integration process.  Full Article

Agco Corp And Russian Machines To Create Joint Venture
Tuesday, 17 Sep 2013 08:55am EDT 

Agco Corp and Russian Machines, part of the Basic Element group announced that the creation of a new joint venture in order to manufacture and distribute agricultural equipment and replacement parts in Russia. AGCO and Russian Machines plan to make a total investment of approximately USD100 million in the joint venture over the next three years. The joint venture is expected to begin operations in early 2014, with AGCO and Russian Machines each having an equal ownership. The manufacturing facility will be located in Golitsyno, near Moscow, with a total area of nearly 12.5 hectares including 27,000 square meters of production facilities. The site will include a product show room, a training center and will feature manufacturing processes.  Full Article

Agco Corp Raises FY 2013 Guidance
Wednesday, 31 Jul 2013 08:00am EDT 

Agco Corp announced that for fiscal 2013, it is targeting earnings per share of approximately $6.00. Net sales are expected to range from $10.8 billion to $11.0 billion. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $10.5 billion and EPS of $5.62 for fiscal 2013.  Full Article

Agco Corp Announces Quarterly Dividend
Friday, 26 Jul 2013 03:05pm EDT 

Agco Corp announced that its Board of Directors declared a regular quarterly dividend of $0.10 per common share to be paid on September 16, 2013 to all stockholders of record as of the close of business on August 15, 2013.  Full Article

Agco Corp Raises FY 2013 Guidance
Tuesday, 30 Apr 2013 08:15am EDT 

Agco Corp announced that for fiscal 2013, it expects earnings per share (EPS) in a range from $5.50 to $5.70 and net sales to range from $10.5 billion to $10.7 billion. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $10.4 billion and EPS of $5.35 for fiscal 2013.  Full Article

Agco Corp Announces Quarterly Dividend
Thursday, 25 Apr 2013 03:37pm EDT 

Agco Corp announced that Board of Directors declared a quarterly dividend of 10 cents per share on its common stock. The dividend is payable June 14, 2013, to shareholders of record May 15, 2013.  Full Article

Carraro SpA Signs Business Agreement With Agco Corp In China
Friday, 22 Feb 2013 02:37am EST 

Carraro SpA announced that it signed a business deal with Agco Corp in China for the provision of transmission systems for the new line of tractors Massey Ferguson which will be built in the plant of Changzhou. The total value of the contract is EUR 25,000,000.  Full Article

Agco Corp Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates; Lowers FY 2013 EPS Guidance
Tuesday, 5 Feb 2013 08:15am EST 

Agco Corp announced that for fiscal 2013, it expects net sales in a range from $10.2-$10.4 billion, earnings per share (EPS) in a range from $5.10 to $5.35. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $10.2 billion and EPS of $5.54 for fiscal 2013.  Full Article

Agco Corp Initiates Quarterly Cash Dividend
Thursday, 24 Jan 2013 04:30pm EST 

Agco Corp announced that its Board of Directors approved the initiation of quarterly cash dividends to its stockholders. A quarterly dividend of $0.10 per common share will be paid on March 15, 2013 to all stockholders of record as of the close of business on February 15, 2013.  Full Article

Agco Corp Issues FY 2013 EPS Guidance In Line With Analysts' Estimates-Conference Call
Tuesday, 11 Dec 2012 01:30pm EST 

Agco Corp announced that it is targeting fiscal 2013 earnings per share in the range of $5.50 to $5.75. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $5.56 for fiscal 2013.  Full Article

Agco posts lower profit, cuts outlook, citing global sales slide

- Agco Corp on Tuesday reported a lower quarterly profit and slashed its full-year earnings outlook as falling farm commodity prices sent sales of its tractors, harvesters and other agricultural equipment sharply lower in almost every region of the world.

Search Stocks