Featured Company News – Trimble Inks Data Connectivity Agreement with CNH Industrial; Also Announces First Distribution Partner in Latin America

LONDON, UK / ACCESSWIRE / July 27, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Trimble, Inc. (NASDAQ: TRMB), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=TRMB. On July 25, 2017, Trimble and CNH Industrial N.V (NYSE: CNHI) announced that they are enabling wireless connectivity between Trimble® Ag Software and Case IH Advanced Farming Systems (AFS) Connect and New Holland Precision Land Management (PLM) Connect telematics platforms in North America. The collaboration enables Trimble and CNH Industrial to integrate their cloud-based software solutions to help farmers make informed decisions with their farm data. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on TRMB and CNHI. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=TRMB

http://protraderdaily.com/optin/?symbol=CNHI

Benefits of the Deal

AFS Connect and PLM Connect are telematics systems designed to transfer data wirelessly, securely, and remotely between farm equipment and trusted farm management software, services, or advisers.

As per the press release, the new functionality will streamline the flow of data by providing farmers more accurate field records, eliminating duplicate data entry, and a better understanding of their production costs. Trimble noted that the data can be accessed from many places, including online, desktop and mobile sources and farmers can choose to share information with a trusted advisor to assist in creating fertility prescriptions, variable rate irrigation plans, or other cost saving strategies.

Adds First Partner in Latin America

On July 25, 2017, in a separate press release, Trimble announced that it has added Geo Agri as its first distribution partner in Latin America to its Vantage™ network, a global network of independent distribution partners that provide growers, advisors, retailers, co-ops, and local OEM dealers with precision agriculture expertise for the entire farm.

Trimble and Geo Agri have worked together for more than 20 years and have developed a strong relationship that promotes and delivers Trimble precision agriculture solutions to farmers in Brazil. Both companies have jointly developed a growth plan for a new Vantage distribution network in the region. Geo Agri will be the first Vantage distribution partner in Latin America -Vantage Centro-Sul.

Vantage Centro-Sul will be headquartered in the current Geo Agri office in Ribeirão Preto, Sao Paulo, Brazil and will offer Trimble total farm solutions throughout the states of Sao Paulo, Minas Gerais and Goiás. As part of Vantage Centro-Sul's expansion plan, it will also open dedicated offices in Minas Gerais and Goiás in the near future. Vantage Centro-Sul will continue ownership, operation, and management of the Trimble Authorized Service Center for Trimble products at the Ribeirão Preto location.

Benefits of Vantage Distribution Partners

Vantage distribution partners complete an extensive level of training to install, set-up and support the entire Trimble precision agriculture portfolio from planning through reporting. The Trimble agriculture portfolio, which provides advanced solutions for irrigation and water management, agronomy coaching, plant health monitoring, soil analysis, variable rate application, and desktop and cloud-based management.

Vantage distributors provide a premier level of technical expertise, customer service, and support capabilities. Vantage distribution partners provide reliable, responsive, and dedicated in-field service and support as well as creating a hassle-free experience for the grower and their advisor when implementing advanced technology solutions. They also provide training so farmers and advisors have a better understanding of how to use the technology in a way that best meets their farming needs.

About CNH Industrial

CNH Industrial is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the company is a major international force in its specific industrial sector.

About Trimble's Agriculture Division

Trimble's Agriculture Division provides solutions that solve complex technology challenges across the entire agricultural supply chain. The solutions enable farmers and advisors to allocate scarce resources to produce a safe, reliable food supply in a profitable and environmentally sustainable manner. Covering all seasons, crops, terrains and farm sizes, Trimble solutions can be used on most equipment on the farm, regardless of manufacturer. Trimble offers technology integration that allows farmers to collect, share, and manage information across their farm, while providing improved operating efficiencies in the agricultural value chain.

Last Close Stock Review

At the closing bell, on Wednesday, July 26, 2017, Trimble's stock slipped 1.11%, ending the trading session at $38.36. A total volume of 718.91 thousand shares have exchanged hands. The Company's stock price soared 18.61% in the last three months, 27.48% in the past six months, and 46.75% in the previous twelve months. Moreover, the stock surged 27.23% since the start of the year. The stock is trading at a PE ratio of 59.84 and currently, has a market cap of $9.66 billion.

On Wednesday, July 26, 2017, the stock closed the trading session at $11.54, marginally falling 0.43% from its previous closing price of $11.59. A total volume of 2.14 million shares have exchanged hands, which was higher than the 3-month average volume of 1.81 million shares. CNH Industrial's stock price skyrocketed 6.85% in the last three months, 23.29% in the past six months, and 65.09% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have soared 32.80%. The stock is trading at a PE ratio of 51.52 and has a dividend yield of 1.04%. At Wednesday's closing price, the stock's net capitalization stands at $15.82 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily