Monsanto's Earnings Rise 19%.

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  • Source:
    New York Times. 4/5/2012, Vol. 161 Issue 55732, p3. 0p.
  • Additional Information
    • Subject Terms:
      MONSANTO Co.; PROFIT maximization; AGRICULTURAL industries; CORPORATE profits; FISCAL year
    • Abstract:
      The agricultural giant Monsanto said on Wednesday that a strong and early seed-selling season helped increase its fiscal second-quarter net income 19 percent. The company raised its earnings outlook for the full year. Monsanto, which produces genetically engineered seeds and the herbicide Roundup, earned $1.21 billion, or $2.24 a share, in the quarter that tended in February, compared with $1.02 billion, or $1.88 per share, a year earlier. Increased corn seed sales in Latin America also pushed up its results. [ABSTRACT FROM PUBLISHER]
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