TORONTO, Aug. 31, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued an immediate liquor licence suspension for Club 33, located at 33 Bowen Street in Hamilton. In the early hours of August 25, 2024, Hamilton Police were alerted to a shooting that occurred next to Club 33. The incident left three victims in their 20’s wounded, with two suffering serious gunshot injuries. The AGCO has been conducting a regulatory review regarding the establishment’s potential connection t ...

TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- On Friday, August 16, 2024, the Alcohol and Gaming Commission of Ontario (AGCO) conducted an unannounced inspection at Mabelle Tuck Shop located at 24 Mabelle Avenue in the City of Toronto. The regulator had received information that various alcohol products were seen to be available for sale at the store. The AGCO Inspector found the licensee violating multiple retail market rules, including retailing alcohol, which is not permitted before the September 5, 2024 ef ...

The 600 Vario will come in four models (614 Vario, 616 Vario, 618 Vario and 620 Vario), ranging from 149 to 209 rated-engine hp. With its impressive performance in a compact package, the 600 Vario is ideal for small to medium-sized farms, capable of tackling anything from row crop farming to loader work to transportation."With the 600 Vario available in North America, we now have a complete line of machines perfect for any task on farms of any size," said David Soliday, Senior Marketing Manager at Fendt. "T ...

DULUTH, Ga., Aug. 26, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 12th Annual Morgan Stanley Laguna Conference on Thursday, September 12, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 3:45 p.m. Pacific Time. Investors may listen to a live webcast of the presentation by accessi ...

DULUTH, Ga., Aug. 22, 2024 (GLOBE NEWSWIRE) -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announces launch of the Gleaner T Series. The GL T Series was created with a farmer-focused design while still staying true to the values that Gleaner has delivered for more than a century. Gleaner will showcase the GL T Series during the Farm Progress Show in Boone, Iowa, August 27-29, 2024. “This Series delivers l ...

DULUTH, Ga., Aug. 22, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Jefferies Industrials Conference on Wednesday, September 4, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 8:05 a.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the ...

Investors in AGCO Corporation (AGCO) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $120.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could als ...

Tom Werner Summary Following my coverage on AGCO Corporation (NYSE:AGCO) in Nov’23, which I recommended a buy rating due to the strong orderbook that provided visibility into near-term performance, this post is to provide an update on my thoughts on the business and stock. I stay a buy rated for the stock as I believe we are already at the trough of this cycle today, and if things go well, the next upcycle will happen in FY25. The timing of this happening is hard to pinpoint, so I would rather be early ...

TORONTO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- For reasons of public interest and safety, on August 8, 2024, the Registrar of the Alcohol and Gaming Commission of Ontario (AGCO) suspended the liquor sales licence of WAVE KTV, located at 8 Glen Watford Dr. Scarborough, Ontario. As of this date, this establishment is not legally allowed to sell or serve alcohol. The AGCO received information from the Toronto Police Service (TPS) that a serious incident allegedly occurred at WAVE KTV on July 19, 2024. Police respo ...

财务业绩 - 公司2024年第二季度净销售额为32.47亿美元，同比下降15.1%，主要由于销量下降和不利的汇率影响[211] - 2024年上半年净销售额为61.75亿美元，同比下降13.7%，主要由于销量下降[212] - 2024年第二季度和上半年毛利率分别为25.8%和26.0%，与2023年同期相比有所下降[216] - 2024年第二季度和上半年销售、一般及管理费用占净销售额的比重分别为11.7%和11.8%，同比有所上升，主要由于PTx Trimble合资交易和谷物及蛋白业务剥离交易相关的交易费用以及薪酬成本增加[217] - 2024年第二季度和上半年工程费用占净销售额的比重分别为4.2%和4.4%，同比有所上升，主要由于PTx Trimble合资相关的工程费用增加[218] - 公司在2024年第二季度和上半年分别计提了510万美元和510万美元的减值损失[219] - 2024年第二季度和上半年归属于AGCO公司股东的净亏损分别为3.67亿美元和1.99亿美元[210] 重组和业务调整 - 2024年4月1日,AGCO完成了与Trimble的农业业务合资公司PTx Trimble的交易[202] - 2024年7月25日,公司宣布出售其谷物及蛋白业务[203,204] - 公司在2024年6月30日三个月和六个月内分别计提了3020万美元和3120万美元的重组费用，而2023年同期分别为610万美元和750万美元[220] - 公司于2024年7月25日宣布签订了出售G&P业务的最终协议，并于2024年6月30日确定G&P业务符合持有待售的标准，确认了4.946亿美元的持有待售业务损失[221,222] 财务费用和税收 - 利息费用净额从2023年同期的580万美元和630万美元增加至2024年同期的2990万美元和3180万美元，主要是由于与PTx Trimble合资交易相关的桥贷承诺费用摊销和债务水平增加[223] - 其他费用净额从2023年同期的7800万美元和1.284亿美元下降至2024年同期的6530万美元和1.161亿美元，主要是由于外汇损失的减少[224] - 由于巴西某些增值税激励利益的税收裁决,公司在2024年6月30日三个月内记录了3170万美元的所得税费用减免[225] 联营企业和非控股权益 - 联营企业净收益从2023年同期的1760万美元和3400万美元下降至2024年同期的960万美元和2580万美元[226] - 归属于非控股权益的净亏损1.8百万美元主要来自PTx Trimble合资企业,Trimble持有其15%的权益[227] 地区业绩 - 欧洲/中东地区销售额和营业利润分别下降4.4%和2.3%,主要是由于紧凑型和中型拖拉机以及干草工具销量下降[233,234,235] - 北美地区销售额和营业利润分别下降16.0%和44.0%,主要是由于中型和大马力拖拉机以及干草工具销量下降[236,237,238,239] - 南美地区销售额和营业利润分别下降41.7%和87.5%,主要是由于拖拉机和收割机销量下降[240,241,242] - 公司第二季度APA地区销售额同比下降，主要由于高马力拖拖机销量下降以及谷物和蛋白产品销售下降[244] - 公司第二季度APA地区营业收入同比下降8.5百万美元，主要由于销量和产量下降[244] - 公司上半年APA地区销售额同比下降，主要由于高马力拖拖机和干草工具销量下降、谷物和蛋白产品销售下降以及汇率不利影响[245] - 公司上半年APA地区营业收入同比下降18.6百万美元，主要由于销量和产量下降[245] 资金管理 - 公司拥有1.25亿美元的多币种无担保循环信贷额度，截至2024年6月30日已使用7.6亿美元[248] - 公司于2023年9月和2024年1月分别与欧洲投资银行签订了2.5亿欧元和1.7亿欧元的贷款协议，用于研发和创新投资[250,251] - 公司于2024年3月发行了4亿美元的2027年到期债券和7亿美元的2034年到期债券[252] - 公司于2024年3月新增了5亿美元的定期贷款[253] - 公司在2024年上半年的经营活动现金流量约为1.345亿美元，较2023年同期的3.65亿美元下降[275] - 公司2024年6月30日的营运资金约为22.752亿美元，较2023年12月31日的19.972亿美元有所增加[276] - 2024年上半年的资本支出约为1.93亿美元，较2023年同期的2.37亿美元有所下降[277] - 公司于2023年11月进行了5.3亿美元的股票回购计划，并于2024年1月完成了最终结算[279] - 公司于2024年4月宣布了每股2.5美元的特别可变股息，并于第二季度支付[279] - 公司于2024年7月宣布了每股0.29美元的定期季度股息[279] 收购和业务剥离 - 公司于2024年4月1日收购了PTx Trimble的85%股权，并将其纳入合并财务报表[283] - 公司计划于2024年下半年出售大部分谷物和蛋白业务，预计将获得约7亿美元现金[256] 业绩展望和风险因素 - 公司预计2024年的销售收入和营业利润率将较2023年有所下降[284] - 公司面临诸多不确定因素,如供应链问题、通胀、利率上升等,可能会对经营业绩产生不利影响[285,288,289,290,291] -