Larry Robbins' big idea for companies is debt—loads of debt at a time when rates are still low but ready to rise.» Read More
July 22- DuPont, the world's second-largest seed maker, said its agriculture business would not improve in the current quarter as it struggles to cope with farmers' preference for soybean rather than corn, the mainstay of the business.
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.
DES MOINES, Iowa— A woman from China awaiting trial in Iowa on charges she conspired to steal trade secrets from U.S. seed corn companies is asking the government to release her on bond so she can travel to California and to her homeland.
NEW YORK, July 16- Hedge fund manager Leon Cooperman, who has forecast that the Standard& Poor's 500 stock index will hit 2000 this year, cautioned on Wednesday that gains will be slower as the market is more fairly valued now.
She and her brother, Mo Hailong, who also goes by the name Robert Mo, worked together and with several others from China to steal the valuable corn seed from Iowa and Illinois, according to law enforcement officials. Mo Yun was arrested Tuesday in Los Angeles, while Mo Hailong was indicted and arrested in December.
She and her brother, Mo Hailong, worked together and with others to steal the valuable corn seed from Iowa and Illinois, according to law enforcement officials. Attorney for the Southern District of Iowa.
LONDON, June 30- "Equality of opportunity as we have known it no longer exists," Franklin Delano Roosevelt warned gloomily in September 1932. In a campaign speech to the Commonwealth Club of San Francisco, the Democratic Party's nominee for president of the United States told his listeners that "opportunity in business has narrowed.
NEW YORK, June 26- Agriculture giant Monsanto amassed a whopping US $15 bn in orders Thursday for a new US $4.5 seven-part investment-grade bond due to price later in the day, investors told IFR.
June 25- A Nebraska lawyer is trying to breathe life into an old-fashioned antitrust movement with a campaign for the U.S. Senate based partly on breaking apart the country's biggest banks and blocking consolidation among meatpackers. Rural, agriculture-heavy Nebraska rarely sends Democrats to Congress.
*Monsanto rallies on outlook and stock-repurchase plans. *CBS shares jump after Supreme Court ruling. Shares of CBS jumped 6.2 percent to $62.48 after the U.S. Supreme Court ruled that online TV startup Aereo Inc violates copyright law by using tiny antennas to provide subscribers with broadcast network content via the Internet.
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.
*Monsanto rallies after results; General Mills lower. *Medical Action almost doubles, Owens& Minor to buy.
*Monsanto rallies after results, General Mills lower. NEW YORK, June 25- U.S. stocks edged higher on Wednesday as investors continued to find value in equities over other asset classes despite the latest economic data coming in below expectations.
June 25- Monsanto Co reported a 6 percent drop in quarterly profit on Wednesday, but shares of the world's largest seed company climbed more than 5 percent as it raised the low end of its fiscal-year outlook and said it planned to double earnings over the next five years.
*Investors watching Iraq violence; crude prices rise. *Monsanto rallies after results, General Mills lower. NEW YORK, June 25- U.S. stock index futures pointed to a lower open on Wednesday as the latest economic data came in below expectations, giving investors further reasons to take profits amid ongoing tension in Iraq.
Check out which companies are making headlines before the bell.
U.S. stock index futures pointed to a higher Wall Street open, ahead of the release of the final estimate for first-quarter GDP.
June 25- Monsanto Co reported a 6 percent drop in quarterly profit on Wednesday, but shares of the world's largest seed company rose as it raised its outlook for the year and said it planned to double earnings over the next five years.
*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.
*Colruyt down; warns of tough year ahead after profit fall. *Syngenta surges on report of Monsanto bid interest. LONDON, June 24- European shares lost ground on Tuesday, with Belgian retailer Colruyt among the biggest fallers on downbeat earnings, while the broader market was unable to gain traction from new signs of corporate takeover activity.