AGCO (AGCO)

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AGCO and Woodbine Entertainment Group reach settlement following investigation into track safety at Woodbine Racetrack
GlobeNewswire News Room· 2025-04-25 17:45
TORONTO, April 25, 2025 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) and Woodbine Entertainment have finalized a settlement agreement following an AGCO investigation into a series of serious equine incidents in the fall of 2024. For purposes of the settlement, Woodbine is not contesting the AGCO findings, but reserves its other rights. The AGCO is committed to ensuring safe horse racing in Ontario. In line with that commitment, Woodbine has agreed to a set of enforceable actions a ...
AGCO Leader Wins 2025 Women MAKE Award
Prnewswire· 2025-04-25 13:05
Tiina Herlevi: Championing Excellence and Innovation in ManufacturingDULUTH, Ga., April 25, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is proud to announce Tiina Herlevi as a 2025 Women MAKE Award recipient. Herlevi is the Director of Manufacturing for Valtra, one of AGCO's leading brands, in Suolahti, Finland. Tiina Herlevi 2025 Women MAKE Honoree The prestigious awards, presented by the Manu ...
AGCO issues $120,000 penalty to Great Canadian Casino Resort Toronto for cheat scheme involving two dealers
GlobeNewswire News Room· 2025-04-16 15:48
TORONTO, April 16, 2025 (GLOBE NEWSWIRE) -- The Registrar of the Alcohol and Gaming Commission of Ontario (AGCO) has issued a monetary penalty totalling $120,000 against Ontario Gaming GTA Limited Partnership (“Great Canadian Casino Resort Toronto”) alleging they failed to detect a cheat-at-play and dealer collusion scheme at Great Canadian Casino Resort Toronto. In March 2024, the Ontario Provincial Police Investigation and Enforcement Bureau (IEB), embedded within the AGCO, laid charges against five indiv ...
AGCO ANNOUNCES FIRST-QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2025-04-14 14:00
Core Viewpoint - AGCO, a leader in agricultural machinery and precision ag technology, is set to announce its first-quarter 2025 earnings on May 1, 2025, at 10 a.m. ET, with a conference call accessible via its website [1]. Company Overview - AGCO, founded in 1990 and headquartered in Duluth, Georgia, reported net sales of approximately $11.7 billion in 2024 [3]. - The company offers a differentiated brand portfolio, including Fendt®, Massey Ferguson®, PTx, and Valtra®, providing value to farmers and OEM customers [3]. - AGCO's product line includes equipment, smart farming solutions, and services aimed at helping farmers sustainably feed the world [3]. Conference Call Details - The earnings release conference call will include a slide presentation, which can be accessed on AGCO's website under the "Investors" section [1]. - The webcast of the conference call will be archived for 12 months following the event [2].
Agco (AGCO) Moves 13.3% Higher: Will This Strength Last?
ZACKS· 2025-04-10 14:11
Agco (AGCO) shares rallied 13.3% in the last trading session to close at $85.81. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 22.6% loss over the past four weeks.AGCO’s shares got a boost yesterday after U.S President Trump announced a 90-day pause on certain tariffs for most countries (except China). AGCO has manufacturing facilities in various locations including Germany, Italy, Finland, Brazil, Argentin ...
AGCO Issues 60-Day Suspension to Midway Invader in Mississauga Following Fatal Collision
GlobeNewswire News Room· 2025-03-25 16:52
Core Points - The Alcohol and Gaming Commission of Ontario (AGCO) has suspended the liquor sales licence of Midway Invader for 60 days due to over-serving a patron who later died in a collision after driving under the influence [1][2] - The AGCO found that the establishment violated multiple provisions of the Liquor Licence and Control Act, 2019, including serving excessive amounts of alcohol and permitting intoxication on the premises [2][6] - The AGCO emphasized the importance of responsible alcohol service and the need for proper training for staff to recognize signs of intoxication [2][4] Violations Identified - The establishment served the patron five double shots of alcohol (10 ounces) in less than half an hour, violating sections 29 and 32 of the Liquor Licence and Control Act, 2019 [6] - The licensee allowed intoxication to occur on the premises, violating Ontario Regulation 746/21, subsection 43(1) [6] - The bartender had not completed the required responsible service training course at the time of the incident, violating Interim Standard section 4.1, section 26 [6] - The establishment was found to have served alcohol after 2:00 a.m. on multiple occasions, violating Ontario Regulation 746/21, subsection 31(1) [6] Regulatory Context - The AGCO holds liquor licensees to high standards for the safe and responsible sale of alcohol, with a focus on public safety [2][4] - Licensees have the right to appeal the AGCO's actions to the Licence Appeal Tribunal (LAT) [3]
AGCO Agriculture Foundation Partners with FAO World Food Forum to Enhance Youth Knowledge and Skills for Sustainable Agrifood Systems
Prnewswire· 2025-03-19 13:15
DULUTH, Ga., March 19, 2025 /PRNewswire/ -- AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, announced a new partnership with the Food and Agriculture Organization of the United Nations (FAO). AAF Partners with FAO World Food Forum The Foundation is providing a USD 300,000 grant to support the World Food Forum (WFF) Youth Skills Hub program to strengthen youth skills and capacity for susta ...
AGCO to Present at the BofA Securities Global Industrials Conference 2025
Prnewswire· 2025-03-14 13:00
DULUTH, Ga., March 14, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the BofA Securities Global Industrials Conference 2025 on Tuesday, March 18, 2025. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 9:40 a.m. GMT. Investors may listen to a live webcast of the presentation by accessing the ...
AGCO to Present at the J.P. Morgan 2025 Industrials Conference
Prnewswire· 2025-03-06 14:00
DULUTH, Ga., March 6, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the J.P. Morgan 2025 Industrials Conference on Wednesday, March 12, 2025. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 3:10 p.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the " ...
AGCO to Present at the 2025 Morgan Stanley Technology, Media and Telecom Conference
Prnewswire· 2025-02-28 14:00
DULUTH, Ga., Feb. 28, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2025 Morgan Stanley Technology, Media and Telecom Conference on Thursday, March 6, 2025. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, Senior Vice President and Chief Financial Officer, at 12:15 p.m. Eas ...