Sept. 22 (Bloomberg) -- Martin Richenhagen, chief executive officer of Agco Corp., talks about the outlook for his company and the farming industry, and his prescription for government action to stimulate economic growth. He speaks with Scarlet Fu on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)Read Full Story
A couple of months ago, co-blogger Steve Dickinson, wrote an article on China mergers and acquisitions for China In Business Magazine. Towards the end of that article, Steve set out, in layman's terms, the following realities of China M&A;:
● Foreigners are permitted to purchase small Chinese companies that the central government is not interested in managing.
● Foreigners are permitted to purchase large, state-owned enterprises that suffer from financial difficulty, provided the foreign...Read Full Story
Oct. 15 (Bloomberg) -- Martin Richenhagen, chief executive officer of Agco Corp., talks with Bloomberg's Lisa Murphy about the outlook for commodity prices and the impact on the tractor maker. Richenhagen also discusses government regulation and Agco's China strategy. Bloomberg's Julie Hyman also speaks. (Source: Bloomberg)Read Full Story
Feb. 18 (Bloomberg) -- Martin Richenhagen, chief executive officer of Agco Corp., discusses the company's business and equipment price outlook. Agco is the second-biggest U.S. maker of farm equipment. Richenhagen talks with Julie Hyman at the Business Council meeting in Fort Lauderdale, Florida, on Bloomberg Television's "Fast Forward." (Source: Bloomberg)Read Full Story
Feb. 11 (Bloomberg) -- Martin Richenhagen, chief executive officer of Agco Corp., talks with Bloomberg's Pimm Fox about the outlook for his company's performance. Richenhagen also discusses the global farming industry, spending on research and development and the value of the U.S. dollar. (Source: Bloomberg)Read Full Story
AGCO Corp., the Duluth, Ga.-based agricultural equipment maker, finished 2011 with a big jump in profit, as global demand for its products continued to stay strong.
AGCO (NYSE: AGCO) has about 1,300 employees at a plant in Hesston.
Net Sales: $8.8 billion, up 27.2 percentNet Income: $585.3 million, up 165.8 percentEarnings Per Share: $5.95, up 159.8 percent
“We finished 2011 on a strong note, setting sales and earnings records for both the...
AGCO Corp. plans to add a sugar cane harvester to its South American product line by buying a 60 stake in Santal Equipamentos for $31 million.
Ribeirão Preto, Brazil-based Santal Equipamentos makes sugar cane planting, harvesting, handling and transportation equipment and replacement parts.
“Santal’s products are recognized for their strength, quality and fuel efficiency by its customers, including the largest sugar producers in Brazil...
Agco Corp.'s (NYSE:AGCO) fourth-quarter earnings more than tripled, but the farm-machinery manufacturer lowered its industry outlook for South America where Agco is the sales leader in farm tractors. Agco, the world's third-largest manufacturer ...
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. AGCO Corporation (NYSE: AGCO) Maintained Outperform as Bull of the Day at Zacks. Apollo Group Inc. (NASDAQ: APOL) Reiterated Outperform and Raised Target to $60 at Credit Suisse. Boston Scientific Corporation (NYSE: BSX) [...]
DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2011 Fourth Quarter Earnings Release Conference Call is scheduled for Tuesday, February 7th at 10:00 a.m. Eastern Time. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp...
CEO Martin Richenhagen has been the chief executive officer of AGCO Corp since 2004. He is 53 years old. Follow Mr. Richenhagen and AGCO Corp in the news and blogs or share your own opinion about the company and its leadership.