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Fly News Breaks for October 1, 2015
AGCO
Oct 1, 2015 | 05:51 EDT
UBS analyst Steven Fisher downgraded AGCO to Sell saying the company's earnings in 2016 are likely to decline again amid weaker North American corn, soybean and cattle prices and a still weakening South American market. An earnings decline next year is not reflected in consensus estimates, Fisher tells investors in a research note. He cut his price target for shares to $39 from $52.
News For AGCO From the Last 2 Days
AGCO
Apr 25, 2024 | 15:40 EDT
AGCO Corporation announced that its board of directors declared a special variable dividend in the amount of $2.50 per share and a regular quarterly dividend of 29c per outstanding share. The special variable dividend will be payable on June 20 to shareholders of record at the close of business on May 20. Payment of the 29c quarterly dividend will be made on June 14 to all stockholders of record as of the close of business on May 15.