http://cyavp.com/page/646-656-rapidshare.html
Monsanto shares were trading below $79 a share earliedr Thursday morning, but later inched closer to Wednesday’sw market close of $79.88u a share. Monsanto closed Tuesday at $84.78 a share. “Wer believe that Monsanto shares will probably tread Jeffrey Zekauskas, a analyst, wrote in a note to investors Thursdaty morning. Monsanto said earnings for its whichends Aug. 31, will be $4.40 a Monsanto’s largest business, insect- and herbicide-resistantg seeds, remains strong and is expected to deliver grosds profitof $4.4 billion to $4.5 billionm for the year.
Roundup, however, is expecter to Roundup came off patent nineyears ago, and Dow and are But the Chinese also have jumpede in and have been undercuttinv prices. “The company has been adamant in its publicv statements that there is a floo to Roundup gross profitsat $1.9 Zekauskas wrote. “However, glyphosate is a commodity, and the glyphosate operationearned $650 million in gross profir as late as 2006. As yet there is no cleat intellectual underpinning as to the reasonws forthe $1.9 billion gross profigt number representing a floor.
” Hugh Monsanto chairman, president and chief said in a statement Wednesday, “With the seeds and traitxs side of the business accelerating, our management team is focusingf on how best to manage our Roundup operationsz in a way that optimizes returns at a loweer percentage of overall revenue.” A week ago, on May 21, Monsantio shares closed at The 52-week high was $145.800 June 18, and the low was $63.47 Nov. 21.
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