What happened Shares in three of the leading nitrogen fertilizer producers dropped last month after a round of disappointing earnings announcements. Performance continued to be complicated by a lingering global surplus of major nitrogen products, namely ammonia and urea ammonium nitrate, or UAN. CVR Partners (NYSE: UAN) dropped 21.7% after reporting its first ever annual… Read More »

On Mar 7, Zacks Investment Research upgraded Deere & Company DE to a Zacks Rank #1 (Strong Buy). Going by the Zacks model, companies sporting a Zacks Rank #1 have strong chances of outperforming the broader market over the next few quarters. With positive earnings estimate revisions over the last 30 days and an encouraging… Read More »

AGCO Corporation AGCO declared that it has been awarded a multi-year, statewide contract by the State of Michigan Department of Technology, Management & Budget. Through the deal, all eligible agencies will be able to buy AGCO’s Massey Ferguson tractors and implements through a pre-negotiated contract, effective immediately. This contract will expand AGCO’s products and services… Read More »