Industry News

AGCO CEO Says CNH Deal Talk was 'Theoretical'

The head of AGCO Corp said on Thursday that comments he made earlier this week about wanting to buy portions of CNH Global NV were strictly academic because Fiat SpA views the farm and construction equipment subsidiary as "strategically important" and has no plans to sell it.
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Toro Reports 4Q Profit on Stronger Mower Sales

The Toro Co. said Tuesday that it bounced back to a profit in its fiscal fourth quarter after a loss a year ago as home owners bought more riding lawnmowers and landscaping professionals gave a lift to its mower and irrigation business.
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