AGCO (AGCO) Stock

This Industry Outlook article features Deere, AGCO, Lindsay, CNH Industrial, and Kubota.

TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has announced a proposal to suspend the Cannabis Retail Store Authorization for 12473291 Canada Inc., which runs Montrose Cannabis in Pickering, Ontario. This seven-day suspension is suggested after AGCO inspections found serious violations of the Cannabis Licence Act, 2018 (CLA) and its rules.

AGCO Corporation, a leading company in agricultural machinery and technology, shared new financial goals at its 2024 Analyst Meeting, emphasizing its commitment to improving profitability and durability. By 2029, AGCO aims to increase its operating margins, outpace industry growth, and boost sales of its Fendt products and genuine AGCO parts. Eric Hansotia, the company's CEO, highlighted that their Farmer-First strategy has been effective since its introduction in 2021, helping them provide better solutions for farmers.

The Manufacturing - Farm Equipment sector is affected by low income in farming. However, demand is expected to increase due to the rising need for food. Companies like DE, AGCO, and LNN are likely to benefit from this trend.

The Manufacturing - Farm Equipment sector is affected by low income in farming. However, demand is expected to increase as the need for food rises.

Randy Bauwens from Town & Country Supply Association in Laurel, Montana, was honored as the 2024 Operator of the Year by AGCO Corporation at the ARA Annual Conference & Expo in Houston on December 4. This recognition highlights his professionalism, agronomic expertise, and ongoing support for local farmers and the community. AGCO Corporation is a leading company in agricultural machinery and precision technology.

The agricultural industry is currently facing tough times, but AGCO's strong market presence and potential for growth make it a good investment right now. With its strategic purchases and well-known brands like Fendt, Valtra, and Massey Ferguson, AGCO is well-prepared for future expansion, particularly in Precision Agriculture. Even with the existing difficulties, AGCO's streamlined dealership system and emphasis on reducing debt create a strong base for a possible recovery by the second half of 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"), a top provider of dealerless electronic poker gaming solutions, is excited to share that the Alcohol and Gaming Commission of Ontario ("AGCO") has granted the Company a license as a registered Gaming Related-Supplier (the "Supplier License") under the Gaming Control Act in Ontario. This important milestone enables Jackpot Digital to enter one of the fastest-growing regulated gaming markets in North America.

DULUTH, Ga., Dec. 10, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a worldwide leader in agricultural machinery and precision technology, has announced that Bob Crain, Senior Vice President and General Manager of Grain & Protein, will retire at the end of December 2024. He has served AGCO for almost 19 years and has over 30 years of experience in the agricultural equipment industry.