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Markets :: Fine Chemicals/Biotech :: Seeds and traits
Monsanto beats estimates despite fall in net income, plans $10-billion share buyback
2:06 PM MDT | June 26, 2014 | Vincent Valk
Monsanto today reported fiscal third-quarter net income down 5.6% year-on-year (YOY), to $858 million, on sales that were roughly flat YOY, at $4.25 billion. The company also announced plans to repurchase $10-billion in shares as part of plans for a more aggressive debt and capital structure....
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