Monsanto: lords of the harvest
There is no pleasing some people. Monsanto blew the lights out with its
first-quarter numbers, with net earnings coming in 40 per cent ahead of
expectations and an increase in guidance for the full year. In return,
shares in the genetically modified crop specialist rose a measly 3 per
cent. That is partly because the first quarter, which comes before the US
growing season, accounts for less than a fifth of earnings.
http://www.ft.com/
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