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AGCO Updates Its Machine Management Solution AgCommand

2014-12-22 10:39:26| Industrial Machines - Topix.net

AGCO UPDATES ITS MACHINE MANAGEMENT SOLUTION AGCOMMAND Dec. 22, 2014 Source: AGCO news release AGCO Corporation announced today several updates to its AgCommand telemetry system, including key reports, mobile app enhancements and a new look and feel. AgCommand is a key product included in Fuse Technologies, AGCO's next generation approach to precision agriculture and precision machine management, enabling insights into the efficiency, performance and logistics of the entire farm operation and enabling key service offerings to ensure machine uptime.

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AGCO names new South America head

2014-12-13 15:51:16| Industrial Machines - Topix.net

Robert Crain , will take over responsibility for Duluth, Ga.-based AGCO's South America region from AndrA© Carioba on Jan. 1, 2015. Carioba, due to retire on Dec. 31, joined AGCO in 2006 and has been instrumental in the implementation of business strategies within South America.

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AGCO Appears Cheap, But Can It Recover In 2015?

2014-11-21 10:27:28| Industrial Machines - Topix.net

AGCO appears to be a cheap stock in a defensive agricultural industry that should see steady long-term growth as the world's population rises. The company has had a difficult 2014 as have its competitors, but Q3 was particularly harsh on revenue and gross margin.

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AGCO and Appareo Systems announce new joint venture

2014-11-06 15:36:00| Industrial Machines - Topix.net

AGCO Corporation and Appareo Systems announced that they have agreed to enter a joint venture, building on the existing IAS business structure, to allow for breakthrough agricultural innovation. This collaboration will focus on the need for more advanced electronic technology centered around data collection, wireless communication, advanced sensors and intelligent machine control.

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AGCO Q3 profit falls 48% to $65 million

2014-10-28 15:54:53| Industrial Machines - Topix.net

The Duluth, Ga.-based agricultural equipment maker reported a 48% drop in third-quarter profit due to the weak global market and production cuts. "Our third quarter results were impacted by weaker markets and significant production cuts aimed at controlling our company and dealer inventories," said Martin Richenhagen , AGCO chairman, president and CEO, in a statement.

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