EQUIPMENT FARM
Farm equipment maker Agco cuts view, shares drop Reuters via Yahoo! Asia News CHICAGO, Oct 6 (Reuters) - Farm equipment maker Agco Corp. on Friday cut its 2006 financial forecast and warned it might post a third-quarter loss due to softening in the North American market, sending its shares down as much as 14 percent in early trading. Vandals damage farm equipment, crops in Kossuth County Globe Online ALGONA — Vandals damaged farm equipment and crops, and stole two pickup trucks, one of which was destroyed by fire during a spree early today, according to the Kossuth County Sheriff’s Department. Police Discover Nearly $250K Worth Of Stolen Farm Equipment WRTV TheIndyChannel.com via Yahoo! News Brownsburg police said Wednesday that they have charged a man in connection with nearly $250,000 of stolen farm equipment. 2 brothers die in farm accident Dayton Daily News Two brothers were killed Saturday morning when they were electrocuted after farm equipment they were using came in contact with overheard power lines. Police Discover Nearly $250K Worth Of Stolen Farm Equipment WRTV Indianapolis BROWNSBURG, Ind. -- Brownsburg police said Wednesday that they have charged a man in connection with nearly $250,000 of stolen farm equipment. Investigators said Kendall Tyler Faucett, 37, of Ladoga currently faces four charges of receiving stolen property and they expect more to be filed. Down on the farm: AGCO sales lag Atlanta Journal-Constitution AGCO, the Duluth-based maker of farm equipment, on Friday lowered its sales and earnings outlook for this year. The company cited softer market conditions in North America and East Asia, as well as effort to reduce dealerr inventories. AGCO said it now expects 2006 sales to decline by 2 percent to 3 percent compared to 2005. It pegged 2006 earnings at $1 per share. Two arrests in cannabis farm find BBC News Police arrest a man and a woman following the discovery of a cannabis farm on Tyneside. Longtime farm family honored by state Journal and Courier John Gochenour loved seeing the horse-drawn farm equipment at his grandparents' farm when he was young. Last year Gochenour bought the farm in Tippecanoe County from the estate of his parents, making him a fifth-generation owner of the property. Small Grain Seeding Under way Carroll County Online Maryland Farmers experienced some light spotty rains, but overall conditions are still dry. Bright, sunny skies and cooler-than-normal temperatures allowed farmers to plant small grains, harvest corn and prepare fields and farm equipment for the upcoming winter. Sector Wrap: Heavy Equipment AP via Yahoo! Finance Shares of heavy equipment makers closed down Friday with the broader market as agricultural equipment maker Agco Corp. cut its 2006 guidance citing lower-than-expected sales.
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