Tag: MON

Monsanto’s Q4 Loss Widens, To Acquire

Shares of Monsanto Company (NYSE: MON) edged lower on Wednesday as the agricultural products seller’s fiscal fourth quarter loss widened. The bottom line was hurt by flat margins, and lower sales at its seeds business and genomics division. Loss per share on non-GAAP basis was higher than analysts’ expectation while revenue also fell short of analysts’ forecast. The Company also handed downbeat guidance for the fiscal year 2014. Separately, Monsanto said that it has agreed to acquire farming data analytics company Climate Corp. for nearly $930 million in cash.

Monsanto Beats Q2 Estimates, Raise Full-Year Outlook (MON)

Agriculture products provider, Monsanto Company (NYSE: MON) reported on Wednesday that net income jumped 22% in the fiscal second quarter as top line growth was boosted by strong sales of biotech seeds in the emerging markets, especially Brazil.

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Major Movers on January 8; YUM, MON, TLLP, FIO, GME, PERI, TISI

Shares of Yum! Brands Inc. (NYSE: YUM) slumped 4.58 percent, at last check. The parent company of brands such as KFC, Pizza Hut and Taco Bell said that its sales in China will fall more than expected. The Company said that same-store-sales in KFC stores will decline as the government reviewed country’s poultry supply. Meanwhile, Wall Street firms have slashed their rating on the stock. Jefferies cut its price target on stock by $2 to $$68, Susquehanna downwardly revised its price target to $65 from $69, and UBS slashed its Price target to $69 from $73 while S&P Capital lowered its price target by $1 to $78.

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Major Gainers and Losers in Early Trading on October 3; SRPT, KRA, OCN, MON

Shares of Sarepta Therapeutics Inc. (NASDAQ: SRPT), a biopharmaceutical company engaged in the discovery and development of RNA-based therapeutics for the treatment of both rare and infectious diseases, are seeing a huge rally in trading today. At last check, SRPT shares were trading 170.11% higher at $40.49 on above average volume of 12.41 million. SRPT shares hit a 52-week high of $43.12 in trading today.

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Monsanto Shares Rose as Company Raises Full Year Forecast (MON)

Shares of Monsanto Company (NYSE: MON), provider of agricultural products for farmers, are gaining in trading today after the St. Louis, Missouri-based company raised its full-year earnings outlook. The company also forecast stronger-than-expected fiscal third-quarter profit.

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