BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Monsanto tops 3Q profit estimates, warns on Roundup earnings]]>http://www.bloggingstocks.com/2009/06/24/monsanto-tops-3q-profit-estimates-warns-on-roundup-earnings/http://www.bloggingstocks.com/2009/06/24/monsanto-tops-3q-profit-estimates-warns-on-roundup-earnings/http://www.bloggingstocks.com/2009/06/24/monsanto-tops-3q-profit-estimates-warns-on-roundup-earnings/#commentsFiled under: , ,

Monsanto Co. (NYSE: MON) pleasantly surprised the Street with a stronger-than-expected third-quarter profit. This morning, the company reported quarterly net income of $694 million, or $1.25 per share, besting analysts' expectations for a profit of $1.18 per share. Net sales arrived at $3.2 billion, down 11% from the year-ago period.

Additionally, Monsanto said it will create a separate division for its herbicides business, in order to "better align spending and working capital needs." The firm will also undergo a restructuring that will result in 900 lost jobs, or less than 4% of its global workforce. The change will translate to a fourth-quarter charge of roughly $350 million, or 41 cents to 47 cents per share.

Continue reading Monsanto tops 3Q profit estimates, warns on Roundup earnings

Monsanto tops 3Q profit estimates, warns on Roundup earnings originally appeared on BloggingStocks on Wed, 24 Jun 2009 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>herbicidesinthenewsjob cutsMONMonsanto CompanyoptionsrestructuringRounduptechnical analysisthird-quarter earningsWed, 24 Jun 2009 12:40:00 EST<![CDATA[Look for Syngenta to ride the next crop protection wave]]>http://www.bloggingstocks.com/2009/06/16/look-for-syngenta-to-ride-the-next-crop-protection-wave/http://www.bloggingstocks.com/2009/06/16/look-for-syngenta-to-ride-the-next-crop-protection-wave/http://www.bloggingstocks.com/2009/06/16/look-for-syngenta-to-ride-the-next-crop-protection-wave/#commentsFiled under:

It goes without saying that agricultural commodity-related plays fell out of Wall Street's favor with the onset of the global recession. Crop protection and seed company Syngenta Ag (NYSE: SYT) was not exempt from the above, but now that signs of strengthening demand are appearing in key global regions, institutional investors are repositioning themselves back in emerging market plays.

In general, analysts like Syngenta's product mix, demonstrated business model, experienced management team, and relative investment safety.

Continue reading Look for Syngenta to ride the next crop protection wave

Look for Syngenta to ride the next crop protection wave originally appeared on BloggingStocks on Tue, 16 Jun 2009 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>crop protectionCropProtectionherbicidespesticidesSyngentaSYTTue, 16 Jun 2009 17:20:00 EST