GENEVA— Agrochemicals giant Syngenta says it is eliminating or reshuffling 1,800 jobs globally as part of a $1 billion cost-cutting program to boost earnings. The Basel, Switzerland- based manufacturer, which is one of the world's largest suppliers of seeds and crop chemicals and has more than 28,000 employees in some 90 countries, says most of the...» Read More
TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.
WINNIPEG, Manitoba, Sept 3- A pickup in fertilizer demand has brightened the outlook for North American potash companies who suffered through plunging prices and profits after a European trading consortium collapsed in 2013..
Aug 25- A group of global biotech crop companies won a court victory on Monday that blocks enactment of a law passed last year limiting the planting of biotech crops and use of pesticides on the Hawaiian island of Kauai.
Aug 6- U.S. regulators on Tuesday said they are leaning toward approval of a new line of herbicide-tolerant crops developed by Monsanto Co even though they could increase problematic weed resistance for farmers. St. Louis- based Monsanto, said the APHIS move was "a noteworthy sign of progress."
Midwest but feared as a factor in the decline of U.S. honey bee colonies and other crop pollinators, has been found to be widespread through rivers and streams in Iowa, according to a government study released on Thursday.
Net earnings for the world's biggest fertilizer company by market capitalization fell to $472 million, or 56 cents per share, from $643 million, or 73 cents per share, a year earlier. Potash Corp had forecast 40 cents to 45 cents. Potash Corp raised its estimate of 2014 earnings to a range of $1.70 to $1.90 per share from a prior forecast of $1.50 to $1.80.
Net earnings for the world's biggest fertilizer company by market capitalization fell to $472 million, or 56 cents per share, from $643 million, or 73 cents per share, a year earlier.
July 22- Chemicals maker DuPont forecast lower-than-expected operating earnings for the current quarter and warned of a loss in its agriculture unit as weak farm sales constrain both profit and revenue. DuPont has made a big push into agriculture, energy and specialty materials to insulate itself from more volatile businesses.
SAO PAULO, July 18- Brazil's government approved the use of pesticides with the active ingredient cyantraniliprole to fight the coffee borer beetle, a note published in the country's Official Gazette said on Friday.
July 8- California regulators violated the law by approving expanded use of pesticides that have been shown to hurt honeybees needed for pollinating key American crops, according to a lawsuit filed against the state by environmental groups on Tuesday.
July 3- Activist hedge fund Jana Partners LLC said it planned to ask PetSmart Inc to explore a sale, sending the pet product retailer's shares up 15 percent. Jana Partners reported a 9.9 percent stake in PetSmart in a regulatory filing, making it the company's largest shareholder.
SYDNEY, July 3- When it comes to resolving a big global food problem, a new breed of farmers and their financial backers are thinking small.
June 26- Chemicals maker DuPont cut its operating profit forecast for the second quarter and the full year, saying sales in its agriculture and performance chemicals units increased at a slower pace than it had expected. DuPont has been focusing on its agriculture business, its biggest, for the past few quarters.
June 25- Home Depot and other U.S. companies are working to eliminate or limit use of a type of pesticide suspected of helping cause dramatic declines in honeybee populations needed to pollinate key American crops, officials said on Wednesday.
*Syngenta declines to comment on report of Monsanto talks. ZURICH, June 24- Syngenta's shares jumped on Tuesday after a media report that the Swiss crop chemical maker had been in talks about a $40 billion takeover by U.S. rival Monsanto Co to create the world's largest agrochemical company.
*Syngenta declines to comment on report of Monsanto talks. ZURICH, June 24- Syngenta's shares jumped on Tuesday after a media report the Swiss crop chemicals maker had been in talks about a $40 billion takeover by U.S. rival Monsanto Co. to create the world's largest agrochemicals company.
LONDON, June 24- European stocks fell on Tuesday after a survey found German business morale was flagging, raising concern over growth in Europe's largest economy. The FTSEurofirst 300 index of leading shares dropped 0.2 percent to 1385 points, Germany's DAX was down 0.1 percent at 9912 points and France's CAC 40 was up 0.1 percent at 4520 points.
LONDON, June 24- European stocks and major currency and bond markets struggled for direction on Tuesday, underpinned by manufacturing data from China, Japan and the United States the previous day but unnerved by growing signs of economic weakness in Europe.
*Syngenta surges on report of Monsanto bid interest. LONDON, June 24- European shares rose on Tuesday, buoyed by new signs of corporate takeover activity, with agrochemicals company Syngenta surging on a media report that peer Monsanto had considered buying it. Swiss group Syngenta rose 5.7 percent following a Bloomberg report that Monsanto may bid.
LONDON, June 24- European shares rose on Tuesday, buoyed by new signs of corporate takeover activity with agrochemicals company Syngenta surging on a media report that peer Monsanto had considered buying it. Swiss group Syngenta rose 5.7 percent following a Bloomberg report that Monsanto had considered buying it.