Monsanto posts Q4 loss, boosts outlook
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Restructuring charges of $44 million contributed to Monsanto&#39;s reported fourth-quarter 2004 loss of $42 million, compared to a loss of $188 million in the same quarter last year.
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Agricultural chemicals maker Monsanto Co. (MON.N: Quote, Profile, Research) posted a quarterly net loss on Wednesday as a drop in Roundup herbicide sales in the
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Merck and Co  reported a fourth-quarter loss on Wednesday on legal settlement costs and sales that disappointed investors, sending shares down 4 percent.
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Monsanto Co., a producer of Roundup herbicide and insect-resistant seeds, posted narrower fourth-quarter losses on Wednesday, but said lower Roundup herbicide sales in the United States hurt total quarterly revenue.
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The company said first-quarter profit rose 55 percent, beating Wall Streetâs expectations, as lofty crop prices stoked global demand for its agricultural equipment.
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Biotechnology company Genentech Inc  said on Monday its fourth-quarter profit rose 6.4 percent, but sales of its blockbuster cancer drug and others fell short of investor expectations, sending the company's shares lower.
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Deere & Co. , the world's largest maker of agricultural and building equipment, reported better-then-expected quarterly profit on Wednesday as strong sales to farmers and foresters more than offset a decline in sales to builders.
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Merck posted a $1.63 billion fourth-quarter loss on Wednesday as charges for its Vioxx litigation settlement dragged down results and share prices.
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BASEL, Switzerland  - Swiss drugmaker Novartis AG  missed forecasts with a 42 percent drop in fourth-quarter net profit, hit by generic competition and a one-off restructuring charge, sending its shares lower.
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Wild Oats Markets Inc. (NasdaqNM: OATS), a Boulder-based chain of health food grocery stores, announced Oct. 25 that it expects a net loss of 20 cents to 22 cents for its third quarter ended Sept.
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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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KANSAS CITY, Missouri  - Monsanto Co  raised its 2007 earnings outlook on Monday, citing strong global corn sales, higher prices for its branded Roundup herbicides and a more favorable tax rate.
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The pharmaceutical firm releases fourth-quarter financials.
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Biopharmaceutical company ImClone Systems Inc. said Thursday that it swung to a profit in the third-quarter from a year-ago loss due to sales of colorectal cancer drug Erbitux.
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Agricultural company Monsanto Co  said on Thursday its quarterly profit nearly tripled, helped by strength in its corn seed and herbicide businesses, and raised its 2008 forecast.
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The company said fourth-quarter earnings fell from year-ago results that included a one-time gain. But adjusted profit exceeded expectations on Wall Street, driven by higher sales.
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KANSAS CITY, Mo.  - Monsanto Co. MON.N on  Wednesday posted a narrower quarterly loss on higher seed sales  even as the agribusiness company struggled with stiff  competition and looming legal liabilities.