Monsanto Narrows Loss on Strong Seeds Results

Monsanto beat street expectations for its seasonally weak fourth quarter, reporting a net loss of $112 million (21 cts/share). Analysts expected the company to post a wider loss of 27 cts/share, as reported by Thomson One (New York). Monsanto also indicated that, due to an SEC investigation into the financial reporting of its glyphosate customer incentive programs, it will restate 2009-2011 earnings. The program rewarded distributors that carried Roundup brand herbicide....

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers