Farm equipment maker AGCO rises 2% after CEO Martin Richenagen tells a German paper he won't...

|About: AGCO Corporation (AGCO)|By:, SA News Editor

Farm equipment maker AGCO rises 2% after CEO Martin Richenagen tells a German paper he won't rule out a merger with a competitor such as Caterpillar (CAT). He adds that strong demand will lift AGCO's 2012 revenue to $10B, which compares favorably with a $9.8B consensus.