We issued an updated research report on Vale S.A. VALE on Mar 16. This Zacks Rank #1 (Strong Buy) stock looks bullish at the moment. Over the last one month, Vale’s shares yielded a return of 5.95%, as against the loss of 10.61% incurred by the Zacks categorized Mining-Iron industry. Why Should You Pick this… Read More »
The manufacturer and distributor of agricultural equipment, AGCO Corporation AGCO has entered into an agreement to acquire the forage division of Lely Group. The transaction is subject to regulatory approvals. Lely’s forage division is a leading manufacturer of balers and loader wagons in Europe. The integration of Lely’s industry leading competence in hay and forage… Read More »
What happened Deere & Company (NYSE: DE) has released commentary on its retail sales data for February. According to Deere, its February retail sales did better than the industry in all the two-wheel drive categories but worse in four-wheel drives and combines. The chart below shows industry retail sales, so it’s also relevant for investors… Read More »