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Markets :: Fine Chemicals/Biotech :: Seeds and traits

April 7, 2008

Monsanto’s Profits Surge on Strong Seeds and Traits

Michelle Bryner

Monsanto reported net income for the second quarter of $1.13 billion ($2.02/share), more than double the company’s net income of $543 million in the year-ago period. Sales increased 45%, to $3.8 billion. The company cites increased corn seed revenues...

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