AGCO (AGCO)
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AGCO Announces Definitive Agreement to Sell its Grain & Protein Business
Prnewswire· 2024-07-25 21:00
DULUTH, Ga., July 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced it has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners ("AIP") in an all-cash transaction valued at $700 million, subject to working capital and other customary closing adjustments."The divestiture of Grain & Protein supports AGCO's strateg ...
Earnings Preview: Agco (AGCO) Q2 Earnings Expected to Decline
ZACKS· 2024-07-23 23:06
The market expects Agco (AGCO) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are better than ...
AGCO ANNOUNCES QUARTERLY DIVIDEND
Prnewswire· 2024-07-12 00:00
DULUTH, Ga., July 11, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on September 16, 2024, to all stockholders of record as of the close of business August 15, 2024.About AGCO: AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery ...
AGCO ANNOUNCES SECOND-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2024-07-11 03:05
文章核心观点 - 公司宣布将于2024年7月30日发布第二季度财报,并将在当天上午10点举行电话会议 [1] - 公司是全球农业机械和精准农业技术的领导者,拥有包括Fendt、GSI、Massey Ferguson、PTx和Valtra在内的差异化品牌组合 [2] - 公司2023年全年净销售额约为144亿美元 [2] 公司概况 - 公司成立于1990年,总部位于美国乔治亚州的杜勒斯 [2] - 公司提供全线农业装备、智能农业解决方案和服务,帮助农民可持续地养活世界 [2] 投资者关系 - 公司财务新闻可以关注公司在X平台上的AGCOIR标签 [3] - 公司新闻、信息和活动可以关注公司在X平台上的@AGCOCorp账号 [3] - 公司网站为www.agcocorp.com [3][4]
AGCO Announces Transformation of Ohio Dealership Network
Prnewswire· 2024-07-03 01:30
Tenured dealerships to provide comprehensive access and services for farmers to popular AGCO brands throughout the Buckeye State.AGCO announced the transformation of its dealership network in Ohio, which will see experienced dealers expand access to the manufacture's popular brands throughout the Buckeye State. Current Ohio dealers Lowe & Young, Mayer Farm Equipment and North Star Hardware & Implement will expand their services in current territories. AGCO-owned AgRevolution will enter the state with brick- ...
Rising Concerns in Food Security: How Agritech and Food Companies Are Responding
Prnewswire· 2024-06-26 22:55
USA News Group CommentaryIssued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, June 26, 2024 /PRNewswire/ -- USA News Group – Citizens of Portland were covered in smoke this week, after a 4-alarm grease fire destroyed the Shin Shin food factory. This incident followed another fire earlier in June that broke out at the Champlain Beef meat processing plant which is situated between the border of Upstate New York and Vermont, while another chicken factory in Illinois erupted in flame ...
AGCO Tech Days 2024 to Showcase Innovation Across the Crop Cycle Serving Farmers with Mixed Fleets Globally
Prnewswire· 2024-06-21 20:00
DULUTH, Ga., June 21, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is preparing for its annual Tech Days in North America on June 26 and 27, 2024. The event will highlight AGCO's commitment to farmer-focused solutions for the mixed fleet. Those solutions are delivered through a distinguished brand portfolio, including Fendt®, Massey Ferguson®, Valtra and the newest leading precision ag b ...
AGCO Dealership Launches Same-Day Parts Delivery Service
Prnewswire· 2024-06-13 22:00
New service advances FarmerCore capabilities DULUTH, Ga., June 13, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced the launch of AgRevolution's™ same-day delivery service for machinery parts. AgRevolution, an AGCO-owned, full-line agricultural equipment dealer operating in Kentucky, Illinois and Indiana, now offers farmers same-day delivery in as little as two hours for in-stock parts.AGCO De ...
AGCO Corp (AGCO) Declines 19% in a Year: What's Ailing the Stock?
ZACKS· 2024-06-13 00:05
AGCO Corp. (AGCO) shares lost 18.9% last year compared with the industry’s fall of 10.8%. This mainly reflects reduced sales volume, declines in production levels and low commodity prices. Image Source: Zacks Investment Research Let us take a look into the factors that are ailing this Zacks Rank #5 (Strong Sell) stock.Lower Sales Volume: In North America, industry retail sales for the first quarter of 2024 declined year over year after being down in 2023 . The decline was due to lower sales of smaller equip ...
AGCO Announces New Production Ag and Rural Lifestyle Dealership Locations in 2024
Prnewswire· 2024-06-12 23:00
DULUTH, Ga., June 12, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today several new locations opened this year in its Production Ag and Rural Lifestyle dealership networks. These new locations will provide farmers and homeowners in the United States and Canada with greater access to sales, services and support of AGCO's popular agriculture equipment brands, including Fendt® an ...