Monsanto Net Loss Narrows, Shares Fall
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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.
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Stocks declined on Tuesday, weighed down by losses in the technology sector after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast.
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Higher raw material costs and lower ice  cream sales in Europe ate into Nestle's NESN.VX first-half  results, sending shares in the world's largest food group down  over five percent on Wednesday amid concerns about its  long-term profitability.
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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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Agricultural company Monsanto Co  said on Thursday its quarterly profit nearly tripled, helped by strength in its corn seed and herbicide businesses, and it raised its 2008 forecast.
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Farming supply retailer Tractor Supply  Co. TSCO.O on Monday reported that its earnings fell in the  third quarter because of higher freight costs, higher costs for  steel and other commodities and a shift in sales to lower  margin hurricane-related items.
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KANSAS CITY, Mo.  - Agricultural chemicals maker  Monsanto Co. MON.N posted a quarterly net loss on Wednesday  as a drop in Roundup herbicide sales in the United States more  than offset increased demand for its specialty seed technology.
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The maker of fiber optic networking gear said it had sharply narrowed its fourth-quarter loss, but its sales forecast fell short of Wall Street estimates.
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The Dow industrials and S&P 500 index pared early gains to edge lower on Tuesday after Wal-Mart Stores Inc.  announced cuts in capital expenditures, offsetting optimism about earnings.
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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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Krispy Kreme Doughnuts Inc. KKD.N  on Monday reported a quarterly loss due to store closings and  sluggish sales, sending its stock down 16 percent.
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Dean Foods Co  reported lower-than-expected fourth-quarter profit and said it was uncertain about raw milk costs in 2008, sending its shares down as much as 8.5 percent.
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Altria Group Inc. MO.N on Wednesday  said quarterly profit fell 6.9 percent, weighed down by  one-time charges at its Kraft Foods business and increased  exposure to airline industry losses at its financial services  unit.
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Amgen Inc. AMGN.O, the world's  biggest biotechnology company, on Wednesday said quarterly net  profit fell on acquisition charges, but adjusted earnings rose  21 percent on strong sales of its drugs for anemia and  arthritis.
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Stock index futures fell before the  start of Wall Street trading on Thursday with the focus on  quarterly earnings from agriculture company Monsanto ,  jobs data and the Iowa presidential election caucuses.
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KANSAS CITY, Missouri  - Monsanto Co.  reported on Thursday that quarterly earnings jumped 71 percent, driven by surging sales of its genetically modified corn and other seeds, sending its shares higher in early trade.
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Dillard&#39;s Inc. posted a narrower second-quarter loss Wednesday due to cost cutting, but missed Wall Street expectations by a whopping 15 cents per share.