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AGCO Corp (AGCO.N)

AGCO.N on New York Stock Exchange

57.40USD
15 Nov 2018
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$0.59 (+1.04%)
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Latest Key Developments (Source: Significant Developments)

Deere & Co Takes Legal Action Against Precision Planting And AGCO Corp
Friday, 1 Jun 2018 01:26pm EDT 

June 1 (Reuters) - Deere & Co::TOOK LEGAL ACTION AGAINST PRECISION PLANTING LLC AND AGCO CORPORATION, CLAIMING COMPANIES HAVE INFRINGED ON 12 JOHN DEERE PATENTS.LAWSUIT STATES PRODUCTS MADE/SOLD BY PRECISION PLANTING, INCLUDING VSET SEED METERS ALONG WITH SPEEDTUBE PRODUCTS, INFRINGE ON DEERE PATENTS.  Full Article

AGCO Q4 Earnings Per Share $0.55
Tuesday, 6 Feb 2018 07:45am EST 

Feb 6 (Reuters) - AGCO Corp ::AGCO REPORTS FOURTH QUARTER RESULTS.Q4 SALES ROSE 20.7 PERCENT TO $2.5 BILLION.SEES FY 2018 EARNINGS PER SHARE ABOUT $3.50.Q4 ADJUSTED EARNINGS PER SHARE $1.10.Q4 EARNINGS PER SHARE $0.55.SEES FY 2018 SALES ABOUT $9.1 BILLION.SAYS "RELATIVELY STABLE INDUSTRY DEMAND IS ANTICIPATED ACROSS ALL REGIONS IN 2018".QUARTERLY DIVIDEND INCREASED TO $0.15 PER SHARE EFFECTIVE FIRST QUARTER 2018‍​.AGCO - INCOME TAX PROVISION DURING Q4 INCLUDES ONE-TIME CHARGE OF ABOUT $42.0 MILLION RESULTING FROM U.S. TAX REFORM LEGISLATION ON DEC 22, 2017.SAYS "GROSS AND OPERATING MARGINS ARE EXPECTED TO IMPROVE FROM 2017 LEVELS" IN 2018.Q4 EARNINGS PER SHARE VIEW $1.13, REVENUE VIEW $2.39 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.77, REVENUE VIEW $8.78 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

AGCO terminates agreement to acquire shares of Kepler Weber
Tuesday, 14 Nov 2017 07:00am EST 

Nov 14 (Reuters) - AGCO Corp : :AGCO terminates agreement to acquire shares of Kepler Weber.AGCO terminates agreement to acquire shares of Kepler Weber.AGCO - ‍terminated agreement dated February 9, entered into with 2 largest shareholders of Kepler Weber SA​.AGCO Corp - ‍no tender offer will be launched for Kepler Weber S.A. shares​.  Full Article

AGCO Q3 earnings per share $0.76
Tuesday, 31 Oct 2017 07:45am EDT 

Oct 31 (Reuters) - AGCO Corp :AGCO reports third quarter results.Q3 sales $2.0 billion versus I/B/E/S view $1.92 billion.Sees FY 2017 earnings per share about $2.86.Sees FY 2017 sales $8.2 billion.Q3 earnings per share $0.76.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.AGCO Corp - ‍ Q3 of 2017 adjusted net income, excluding restructuring expenses, was $0.79 per share​.AGCO Corp - ‍maintaining full-year outlook for net income per share​.AGCO Corp - ‍AGCO's net sales for 2017 are expected to reach $8.2 billion.AGCO Corp - ‍gross and operating margins for 2017 are expected to improve from 2016 levels​.Sees FY 2017 adjusted earnings per share about $3.00.FY2017 earnings per share view $3.05, revenue view $7.98 billion -- Thomson Reuters I/B/E/S.  Full Article

CLIMATE CORPORATION ANNOUNCES GLOBAL DATA CONNECTIVITY AGREEMENT WITH AGCO
Thursday, 19 Oct 2017 10:30am EDT 

Oct 19 (Reuters) - Climate Corporation::THE CLIMATE CORPORATION ANNOUNCES GLOBAL DATA CONNECTIVITY AGREEMENT WITH AGCO, OFFERING MORE FARMERS THE ABILITY TO CONNECT THEIR FARM EQUIPMENT TO THE CLIMATE FIELDVIEW™ PLATFORM.‍CLIMATE CORPORATION SAYS ANNOUNCED A DATA CONNECTIVITY AGREEMENT WITH AGCO​.  Full Article

Charoen Pokphand Foods clarifies on media reports regarding establishment of JV with Agco Corp
Thursday, 24 Aug 2017 02:00am EDT 

Aug 24 (Reuters) - Charoen Pokphand Foods Pcl :Refers to media reports regarding establishment of jv with Agco Corp.Co not a party to the said jv.  Full Article

AGCO sees FY 2017 earnings per share about $2.89
Thursday, 27 Jul 2017 08:00am EDT 

July 27 (Reuters) - Agco Corp :Agco reports second quarter results; raises outlook for 2017.Q2 sales $2.2 billion versus i/b/e/s view $2.08 billion.Sees fy 2017 earnings per share about $2.89.Sees fy 2017 sales $8.0 billion.Q2 earnings per share $1.14.Q2 earnings per share view $1.04 -- Thomson Reuters I/B/E/S.Agco corp - full-year outlook for net sales and net income per share increased.Agco corp - 2017 gross and operating margins are expected to improve from 2016 levels.Fy2017 revenue view $7.74 billion -- Thomson Reuters I/B/E/S.Agco corp - 2017 earnings per share are targeted at approximately $2.89 on a reported basis, or approximately $3.00 on an adjusted basis.Fy2017 earnings per share view $2.80 -- Thomson Reuters I/B/E/S.  Full Article

AGCO to acquire Precision Planting from The Climate Corporation
Wednesday, 26 Jul 2017 11:30am EDT 

July 26 (Reuters) - AGCO Corp ::AGCO to acquire precision planting from the Climate Corporation.Terms of agreement were not disclosed. Transaction is subject to regulatory approvals.​.Co, Climate Corporation announced a definitive agreement has been signed for AGCO to acquire Precision Planting LLC equipment business.  Full Article

AGCO Corp declares regular quarterly dividend of $0.14 per common share
Wednesday, 12 Jul 2017 10:00am EDT 

July 12 (Reuters) - Agco Corp :AGCO Corp - board of directors declared a regular quarterly dividend of $0.14 per common share.  Full Article

Agco announces intended acquisition of the forage division of Lely Group
Monday, 13 Mar 2017 08:30am EDT 

Agco Corp : Agco announces the intended acquisition of the forage division of Lely Group . Reached agreement in principle to acquire forage division of Lely Group .Transaction is expected to close in Q4 of 2017; process for employee consultation will now be started.  Full Article

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Deere sues Precision Planting, AGCO claiming patent infringement

U.S. farm equipment maker Deere & Co on Friday sued Precision Planting LLC and AGCO Corp , accusing them of infringing on 12 of its patents.