News: AGCO Corp (AGCO.K)

AGCO.K on New York Consolidated

53.22USD
24 May 2013
Price Change (% chg)

$-1.02 (-1.88%)
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$54.24
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$56.83
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Tue, Dec 11 2012

UPDATE 1-AGCO optimistic on 2013 due in part to Brazil sugarcane

* Expects 2013 revenue to increase 3 percent to 5 percent

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BRIEF-AGCO expects sales to increase 3 percent to 5 percent in 2013

Dec 11 - AGCO Corp : * Expects to develop 11 new tractors in 2013, upgrade 10 models, CEO says * Plans to develop 3 new combines in 2013, upgrade 6 models, CEO says * Says capital expenditures will peak around $425 million in 2014 * Says considering paying out a dividend * Says will limit any dvidend and buyback to u.s. cash flow * Expects North American tractor market to be flat in 2013 * Expects South American tractor market to grow 5 percent to 10 percent in 2013 * Expects w

AGCO sees 2013 EPS in range mostly above Street's expectations

- Farming equipment maker AGCO Corp forecast a 2013 profit mostly above Wall Street's expectations, citing growing sales in South America.

AGCO sees 2013 EPS in range mostly above Street's expectations

Dec 11 - Farming equipment maker AGCO Corp forecast a 2013 profit mostly above Wall Street's expectations, citing growing sales in South America.

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