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AGCO building distribution center in Johannesburg
AGCO Corp. on Wednesday began development of its African Master Parts Distribution Centre in Johannesburg, South Africa. The Duluth, Ga.-based agricultural equipment maker said the facility is close to the O.R. Tambo International Airport in Johannesburg. Once opened by the end of the year, it will stock a range of up to 40,000 parts to better order response times and machine up time for AGCO’s African customers. “With 11 percent of the...  
From bizjournals.com ()
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AGCO Q1 profit up 49% to $121 million
AGCO Corp., a Duluth, Ga.-based agricultural equipment maker, generated record-first-quarter sales and profit as global demand for its products continued to rise. The company reported net first-quarter sales of $2.3 billion, up 26.5 percent from a year ago, and net income of $121.2 million, up 48.5 percent from a year ago. Earnings per share were $1.21, up 49.4 percent from the first quarter of 2011. “AGCO’s strong performance in the first...  
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AGCO Chairman Richenhagen total comp up 24%
AGCO Corp. Chairman, President and CEO Martin H. Richenhagen raked in a $10 million total compensation package last year. The Duluth, Ga.-based agricultural equipment company reported in a proxy filing Monday with the Securities and Exchange Commission it boosted Richenhagen’s total comp by about 24 percent to $10,086,083 in 2011 -- the same year the company’s profit spiked 166 percent to $585.3 million. Richenhagen’s total comp included a...  
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Riassunto: AGCO presenta la sua visione dell’agricoltura in Africa durante il...
DULUTH, Georgia--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE: AGCO), un produttore e distributore di portata globale di attrezzature agricole, ha presentato oggi la propria visione per l’agricoltura in Africa in occasione del Vertice G8 tenuto a Washington, D.C. "La nostra missione consiste nell’offrire ai coltivatori africani della soluzioni agricole complete” ha affermato Martin Richenhagen, presidente e direttore generale di AGCO...  
From businesswire.com ()
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AGCO macht ersten Spatenstich für neues Teilelager in Johannesburg
DULUTH, Georgia (USA)--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE: AGCO), ein weltweiter Hersteller und Vertrieb landwirtschaftlicher Geräte, konnte am Montag in Johannesburg zusammen mit seinem südafrikanischen Vertriebspartner Barloworld den ersten Spatenstich seines afrikanischen Vertriebszentrums für Masterteile feiern. „Afrika hat im landwirtschaftlichen Sektor enorme Wachstumschancen“, sagte Martin Richenhagen, Chairman, Pr...  
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AGCO Corp Earnings Conference Call
AGCO Corporation manufactures and distributes agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment and implements, and diesel engines, and related replacement parts worldwide. The company provides ...  
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Agco CEO's 2011 compensation rose 28% from 2010
Agco Corp. (NYSE:AGCO) Chairman and Chief Executive Martin Richenhagen's compensation rose 28% in 2011 on larger awards of stock and stock options, according to a regulatory filing Monday. Richenhagen's salary, performance pay, executive ...  
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Zacks Bull and Bear of the Day Highlights: AGCO, AAR, Viacom, News Corp. and...
CHICAGO, May 15, 2012 /PRNewswire/ --  Zacks Equity Research highlights AGCO Corporation (NYSE:AGCO) as the Bull of the Day and AAR Corporation (NYSE:AIR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Viacom (Nasdaq:VIAB),News Corp....  
From rss.prnewswire.com ()
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Top Buys by Top Brass: SVP Veltmaat's $194.3K Bet on AGCO
So in this series we look at the largest insider buys by the ”top brass” over the trailing six month period, one of which was a total of $194.3K by Hans Bernd Veltmaat, Sr VP, Chief Supply Chain Off. at AGCO Corp. (NYSE: AGCO). Veltmaat’s ...  
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Farm, Construction Machinery Remains Solid
The farm and construction equipment maker posted EPS of $2.61 on revenue of $10 billion. The consensus estimates called for EPS of $2.53 and revenue of $9.72 billion. Like smaller competitors AGCO Corp. (NYSE: AGCO) and CNH Global NV (NYSE: ...  
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Equity Research on Joy Global Inc. and AGCO Corp.
www.shinesrooms.com is the Ultimate Trading Environment for investors. If you are considering owning Joy Global Inc. and AGCO Corp. then you should sign up for a free membership and our complimentary reports today at www.shinesrooms.com. Over the last 5 ...  
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Caterpillar's Explosive Upside Tops Deere
By Takeover Analyst:With the economy improving, budget cuts in infrastructure from diminished deficit spending will limit upside in construction firms. In this article, I will run you through my DCF analysis on Deere (DE) and then triangulate the result with an exit multiple calculation and a review of the fundamentals compared to Caterpillar (CAT) and AGCO Corporation (AGCO). While I do not expect the firm to outperform the broader market, I...  
From seekingalpha.com ()
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AGCO Announces 2012 First Quarter Earnings Release and Conference Call
DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2012 First Quarter Earnings Release Conference Call is scheduled for Tuesday, May 1st at 10:00 a.m. EDT. 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.com under the...  
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AGCO's CEO Discusses Q1 2012 Results
Thanks, Sarah and good morning. Welcome to those of you joining us ... Now, on the call with me this morning are Martin Richenhagen, our Chairman, President and Chief Executive Officer; and Andy Beck, our Senior Vice President and Chief Financial Officer.  
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AGCO Corporation: Industrial Goods and Machinery Company Profile, SWOT...
The 'AGCO Corporation: Industrial Goods and Machinery Company Profile, SWOT & Financial Report' contains in depth information and data about the company and its operations. The profile contains a company overview, key employees, business description ...  
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Agco 1Q profit jumps 50 percent as sales increase
DULUTH, Ga. (AP) -- Farm equipment maker Agco Corp. said Tuesday that its profit vaulted 50 percent in the first quarter, as stronger demand for tractors, combines and other machinery drove revenue higher. The results trumped Wall Street ...  
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Best Retirement Stocks, Food CAT, BG, Golden Agri, Wilmar
AGCO Corp (NYSE:AGCO), Agrium Inc (TO:AGU), Potash Corp of Sask (NYSE:POT), Caterpillar (NYSE:CAT), Bunge Ltd (NYSE ... The cost of basic food staples remains high in many developing countries, making life difficult for the world’s poorest people who ...  
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The Farm and Construction Machinery Industry Benefiting From Increase in Crop...
Five Star Equities examines the outlook for companies in the Farm and Construction Machinery Industry and provides equity research on Tractor Supply Company (NASDAQ: TSCO - News) and AGCO Corporation (NYSE: AGCO - News). Access to the full ...  
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India's TAFE to Make Tractors for U.S.
Chennai: India's Tractors and Farm Equipment (TAFE) will start making two models of high horse power (hp) tractors later this year for U.S.-based AGCO Corpo, said a company official. AGCO will sell the tractors in Africa, Turkey, South America and other ...  
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India's TAFE to make tractors for US
Chennai, April 4 : India's Tractors and Farm Equipment Ltd (TAFE) will start making two models of high horse power (hp) tractors later this year for US-based AGCO Corpo, said a company official. AGCO will sell the tractors in Africa, Turkey, South America ...  
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