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Management Changes, Stake Sale Completion, and New Sales Agreements - Research Report on Caterpillar, John Deere, Joy Global,

Management Changes, Stake Sale Completion, and New Sales Agreements - Research
        Report on Caterpillar, John Deere, Joy Global, AGCO, and Terex

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, December 31, 2013

NEW YORK, December 31, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting
Caterpillar Inc. (NYSE: CAT), Deere & Company (NYSE: DE), Joy Global Inc.
(NYSE: JOY), AGCO Corporation (NYSE: AGCO), and Terex Corporation (NYSE: TEX).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

Caterpillar Inc. Research Report

On December 13, 2014, Caterpillar Inc. (Caterpillar) announced the retirement
of Hans Haefeli, The Company's Vice President with responsibility for the
Advanced Components & Systems Division (ACSD), effective April 30, 2014. "Hans
came to Caterpillar building on a successful career in which he developed and
demonstrated deep expertise in finance and accounting in the United Kingdom-a
background that has served him well in both the engine and machine component
units he led at Caterpillar," said Steve Wunning, Caterpillar Group's
President with responsibility for Resource Industries. "Hans has also provided
outstanding executive leadership these past few years during the development
and deployment of the company's connected worksite and telematics strategy. He
has always been exceptional in leading his team and working across the
enterprise with his collaborative and engaging leadership." Caterpillar stated
that it has appointed Jean Savage as the new Vice President of ACSD, effective
April 1, 2014, who currently serves as a Senior Vice President and COO of the
Locomotive and Railcar Services business unit for Caterpillar's subsidiary,
Progress Rail Services (PRS). The Full Research Report on Caterpillar Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/5caf_CAT

--

Deere & Company Research Report

On December 23, 2013, Deere & Company (John Deere) announced the completion of
its sale of a majority interest in its landscape business to the private
equity investment firm of Clayton, Dubilier & Rice, LLC (CDR). Prior to this,
in October 2013, the Company announced that it would initially retain a 40%
equity interest in John Deere Landscapes and sell the remainder to CDR. The
Full Research Report on Deere & Company - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at:

http://www.analystscorner.com/r/full_research_report/2322_DE

--

Joy Global Inc. Research Report

On December 18, 2013, Joy Global Inc. (Joy Global) announced the appointment
of Edward (Ted) L. Doheny, II as the President and CEO of the Company, in
accordance with the Company's previously announced executive succession
process. According to the Company, Ted in his new role will replace Michael W.
Sutherlin, who resigned from the aforesaid positions and from the Board of
Directors in preparation for his expected retirement on February 1, 2014. Joy
Global's Board Chairman, John Nils Hanson commented, "I am pleased to announce
the Board of Directors has elected Ted Doheny as President and Chief Executive
Officer. Ted is committed to building the future direction of Joy Global
around the key strategies that have made Joy Global a leading performer in the
industry, including product leadership, direct service and enhanced customer
partnerships." Mr. Hanson continued, "I also am pleased to announce the Board
of Directors has elected Randy Baker as Chief Operating Officer of the
Company. Randy will lead the implementation of our strategy across all our
product lines and regions." Additionally, the Company announced the
appointment of Randal W. Baker to the position of Chief Operating Officer,
under which he will oversee both the Surface Mining Equipment and the
Underground Mining Equipment divisions. The Full Research Report on Joy Global
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at: 

http://www.analystscorner.com/r/full_research_report/bc04_JOY

--

AGCO Corporation Research Report

On December 20, 2013, AGCO Corporation (AGCO) announced the retirement of
Senior Vice Presidents, Randy Hoffman and David Caplan, effective December 31,
2013. According to the Company, Randy Hoffman serves as AGCO's Senior Vice
President of Global Sales & Marketing and Product Management, and David Caplan
is AGCO's Senior Vice President of Materials Management Worldwide. "As highly
respected business professionals in the industry, we extend our well wishes,
appreciation and gratitude to Randy and David for their many years of
inspirational leadership and personal dedication to AGCO," said Martin
Richenhagen, Chairman, President and CEO of AGCO. "Both men have left a
lasting impact on the agricultural industry as well as supporting AGCO as a
global leader in the market." The Full Research Report on AGCO Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/9815_AGCO

--

Terex Corporation Research Report

On December 9, 2013, Terex Corporation (Terex) announced that it has agreed to
sell its truck business to Volvo Construction Equipment for cash proceeds of
c.$160 million. According to the Company, the sale transaction, which is
expected to close in H1 2014, subject to government regulatory approvals and
other customary closing conditions, includes the manufacturing facility in
Motherwell, Scotland. "I am confident that the truck business will benefit by
joining a company sharing similar competencies and offering complementary
products and services. We are pleased to have entered into this agreement with
Volvo, which represents a strong strategic buyer for the business who values
our distribution network and team members," said Ron DeFeo, Chairman and CEO
of Terex. The Full Research Report on Terex Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:

http://www.analystscorner.com/r/full_research_report/f966_TEX

----

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