AGCO Stock Recent News

Farmer-First Strategy Delivering Value for Farmers and Generating Higher Through-the-Cycle Returns for Shareholders NEW YORK , Dec. 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced new financial targets to investors at its 2024 Analyst Meeting as it remains focused on driving enhanced durability and profitability through the cycle. By 2029, AGCO is targeting to: Improve adjusted mid-cycle adjusted operating margins to 14%-15%1 Outgrow the industry by 4%-5% annually Annually deliver free cash flow conversion of 75%-100%2 Expand net sales of Fendt in North and South America to $1.7 billion as the company continues to roll out a full line of Fendt products Grow parts net sales to $2.3 billion while increasing market share of genuine AGCO parts Deliver precision ag net sales of $2.0 billion "Our Farmer-First strategy has served us well since its launch in

TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued a Notice of Proposal to suspend the Cannabis Retail Store Authorization for 12473291 Canada Inc., operating as Montrose Cannabis in Pickering, Ontario. The seven-day suspension has been proposed following AGCO inspections that revealed significant breaches of the Cannabis Licence Act, 2018 (CLA) and its regulations.

CHENNAI, India--(BUSINESS WIRE)--Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”) is the largest shareholder of AGCO Corporation (NYSE: AGCO) (“AGCO” or the “Company”) with a 16.3% long-term, strategic equity stake in the Company. Today, TAFE urged management to address the following questions during its upcoming Analyst Day, which is scheduled to be held at 9 A.M. Eastern Standard Time on December 19, 2024. TAFE believes these questions are of criti.

The Manufacturing - Farm Equipment industry bears the impacts of low farm income. Demand will eventually pick up, aided by growing demand for food.

Montana operator recognized for professionalism, agronomic skills and continuous service to area farmers and community DULUTH, Ga. , Dec. 16, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, named Randy Bauwens of Town & Country Supply Association in Laurel, Montana, its 2024 Operator of the Year at the ARA Annual Conference & Expo in Houston on December 4.

The agricultural sector is in a severe down-cycle, but AGCO's strong market position and growth potential make it an attractive investment at its current price. AGCO's strategic acquisitions and dominant brands like Fendt, Valtra, and Massey Ferguson position it well for future growth, especially in Precision Agriculture. Despite current challenges, AGCO's simplified dealership structure and focus on debt reduction provide a solid foundation for a potential upcycle by 2H 2025.

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (the "Company" or "Jackpot Digital"), the world's leading provider of innovative dealerless electronic poker gaming solutions, is pleased to announce that the Alcohol and Gaming Commission of Ontario ("AGCO") has approved the Company to be licensed as a registered Gaming Related-Supplier (the "Supplier License") under the Gaming Control Act in the Province of Ontario. This significant achievement allows Jackpot Digital to enter one of the most dynamic and rapidly growing regulated gaming markets in North America.

DULUTH, Ga. , Dec. 10, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced Bob Crain, Senior Vice President (SVP) and General Manager, Grain & Protein, will retire at the end of December 2024 after nearly 19 years of dedicated service to AGCO and more than 30 years' experience in the agricultural equipment business.

DULUTH, Ga. , Dec. 6, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today it will conduct an analyst meeting in New York City on Thursday, December 19, 2024.

Agco (AGCO) reported earnings 30 days ago. What's next for the stock?