All Posts Tagged With: "AGCO"
(AGCO) AGCO Corporation – Bull of the Day
Driven by strong global demand for agricultural equipment, AGCO Corporation (AGCO) reported third quarter EPS of $0.87 versus $0.66 in the year-earlier quarter, surpassing the Zacks Consensus Estimate of...
(AGCO) AGCO Issues Debt to Fund GSI Holdings Buy
AGCO Corporation (AGCO) has priced an offering of $300 million of its 5.875% Senior Notes due 2021 to partly finance the acquisition of GSI Holdings Corp.
The notes were priced at 100% of par value...
(MON) Insider Buying and High Yield Bonds – Barry Diller’s Misuse of IAC Funds
by Steve McDonald, Investment U Research
Monday, October 17, 2011
(AGCO) AGCO Corporation – Bull of the Day
AGCO Corporation’s (AGCO) adjusted first quarter EPS of $0.81 was almost seven times that of the year-ago quarter, driven by sales growth across all segments and improved gross margins. For fiscal 2011,...
(KFY) Korn/Ferry International – Fee Revenues Up 32%
Korn/Ferry International (KFY) looks like a serious momentum player. Its share price just jumped to a 2-year high as companies begin to hire out of the recession. With another good quarter in the bag and a bullish growth projection, this...
(AGCO) AGCO Corporation Beats on Lower Profits
AGCO Corporation (AGCO) reported fourth-quarter earnings of 35 cents per share, beating the Zacks Consensus Estimate of 30 cents, but 67% below the prior-year EPS of $1.05. The significant decline in quarterly...
(AGCO) AGCO Corporation Expects Weak 2010 Performance
AGCO Corp. (AGCO) provided a preliminary outlook for 2010. The company expects to post a loss in the first quarter of next year. It does not see an improvement in demand compared to 2009.
AGCO expects...
(AGCO) AGCO Corporation’s Outlook Remains Weak
Last week, AGCO Corp. (AGCO) reported third-quarter results. The company posted earnings of 13 cents per share, compared $1.01 per share in the prior-year quarter. The significant decline in quarterly earnings...
(AGCO) AGCO Corporation – Bear of the Day
We are downgrading our rating on AGCO Corp. (AGCO) from Neutral to Underperform. The company is witnessing soft demand conditions in most of its markets due to the significant slowdown in the global economy.
The...
(AGCO) AGCO Corporation to Pay $20 Million to Settle Charges
AGCO Corp. (AGCO) recently won a tractor contract from the Heilongjiang provincial government in China.
Under this contract, AGCO will deliver over 300 units of Valtra tractors to the province by the year end. The company did not disclose the financial...
(AGCO) AGCO Corporation Lowers Guidance
AGCO Corp. (AGCO) recently updated its outlook for 2009. The company now expects net sales to decline by 23% to 25% on a year-over-year basis. During its second quarter conference call, AGCO had provided a guidance of $6.5–$6.8 billion, which represented...
(AGCO) AGCO Beats But Revenues Down – company expects weak industry demand in Europe
AGCO Corp. (AGCO) reported second-quarter earnings of $0.64 per share, above market expectations of $0.55. EPS results were down 52.2% year over year due to deteriorating demand for agricultural equipment in all the major markets and increase in engineering...