Monsanto Has 4th-Quarter Loss, Boosts 2005 Forecast
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Monsanto Co., the world&#39;s largest maker of genetically engineered crops, had a loss of $42 million in the seasonally weak fourth-quarter on restructuring expenses and lower sales of Roundup herbicides.
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DETROIT -- Struggling auto parts maker Delphi Corp. said Tuesday it losses widened to $853 million for the fourth quarter and to $5.5 billion for all of 2006.
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FuelCell Energy reports a better-than-expected quarterly loss.
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Merck reduced its 2004 forecast by 50 cents to 55 cents because of lost revenues. The move followed the recall of Vioxx from the global market on September 30th, due to its association with increased risk of heart attacks.
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The media company said it lost $333.4 million in the fourth quarter on write-downs, the cost of newspaper spinoffs and weak ad sales.
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Kroger Co. on Tuesday posted a 25 percent drop in quarterly profit and warned it may not reach its sales target for the year, sending shares of the top US grocer
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Kellogg Co. says it expects low single-digit growth and somewhat lower margins during the fourth quarter, but the cereal and snack maker still has increased its overall earnings
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Monsanto Co.  said on Friday it is increasing its earnings outlook for fiscal 2007, due to strong results from the corn planting season in the U.S. and from the company's herbicide business.
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Monsanto Co.  on Thursday  posted a sharply larger third-quarter profit on strength in its  U.S. corn and soybean seed businesses.
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Anheuser-Busch Cos. on Tuesday reaffirmed its outlook for earnings per share growth for both 2004 and 2005. In a presentation to investors and analysts, management said the company expects earnings per share
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DuPont Co. DD.N, the No. 2 U.S.  chemical maker, said on Tuesday its fourth-quarter profit fell  from a year ago when it posted a large tax gain, but it  forecast earnings growth in 2005.
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Scandinavian airline SAS, hard  pressed by low-cost rivals like Ryanair, reported a  wider-than-expected 2004 fourth-quarter loss on Thursday but  said restructuring plans would bear fruit in 2005.
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Agrochemical company Monsanto Co.  on Wednesday posted a narrower net loss for its fiscal first quarter as a decision to reserve &#36;284 million for legal problems partly offset a boost in the company's key seed business.
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Biogen Idec Inc. BIIB.O on Monday  reported a quarterly profit on sales of its multiple sclerosis  and cancer drugs versus a year-ago loss, but said costs will  rise in 2005, trimming earnings growth.
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Why did the stock decline after a blowout fourth quarter?
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KANSAS CITY, Mo.  - Agriculture products company  Monsanto Co. MON.N on Monday said it will buy Seminis Inc.,  the world's largest commercial fruit and vegetable seed  company, for at least $1 billion from a private equity firm to  capitalize on the trend toward healthier eating.
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Dow Chemical Co , the largest U.S. chemical maker, and U.S. biotech giant Monsanto Co  said on Friday they plan to jointly create the next generation of genetically modified corn seeds.