Monsanto is a focus of Justice Department antitrust investigation of US seed industryOctober 8th, 2009 Monsanto a focus of US antitrust investigationST. LOUIS — The Justice Department is investigating whether Monsanto Co.
Monsanto, Procter & Gamble, Talbots, UAL, Men's Warehouse are among big market moversSeptember 10th, 2009 Monsanto, Procter & Gamble, Talbots big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Monsanto Co., down $4.18 at $79.30
The seed maker will lay off more workers than it had originally planned, and warned profit would be at the low end of its guidance. Procter & Gamble Co., up $2.28 at $56.04
Sales will begin rebounding this fall, the consumer goods maker said, as it cuts prices and sends new value-oriented products to stores.
Monsanto expands plan to cut work force by 8 percent, up from previous plan to cut 4 percentSeptember 10th, 2009 Seed company Monsanto plans deeper staff cutsST. LOUIS — Monsanto Co., the world's biggest seed maker, said Thursday it plans to make deeper work force cuts than previously announced, saying it will reduce its staff by about 8 percent to cut costs.
Vanguard raises its full-year profit outlook to include impact of new oil and gas propertiesSeptember 10th, 2009 Vanguard boosts '09 outlook to include acquisitionHOUSTON — Oil and natural gas company Vanguard Natural Resources LLC on Thursday raised its full-year profit outlook to reflect the impact of newly acquired natural gas and oil properties. In August the company purchased the properties from an affiliate of Lewis Energy Group for about $52.25 million in cash.
Phillips-Van Heusen boosts full-year outlook after stronger-than-expected second quarterAugust 20th, 2009 Phillips-Van Heusen raises full-year outlookNEW YORK — Clothing maker Phillips-Van Heusen Corp. said Wednesday that it was raising its full-year guidance after posting a better-than-expected second-quarter profit.
Popeyes owner AFC Enterprises boosts full-year outlookAugust 20th, 2009 AFC Enterprises raises forecastATLANTA — Restaurant operator AFC Enterprises Inc. boosted its full-year guidance Wednesday.
Suntech Power profit drops 81 pct on pricing pressure for solar panels, cuts shipment outlookAugust 20th, 2009 Suntech Power 2Q profit falls on pricing pressureSAN FRANCISCO — Chinese solar energy company Suntech Power Holdings Co. Ltd. on Thursday posted an 81 percent drop in second-quarter earnings, driven by sales pricing pressure, and cut its full-year shipment outlook.
Shares of Monsanto drop on warnings of weak glyphosate business, analysts cut 2010 estimatesAugust 14th, 2009 Monsanto shares tumble on strained glyphosate unitNEW YORK — Shares of Monsanto Co. fell on Friday, a day after the world's largest seed maker warned of weakness in its glyphosate business, prompting analysts to trim 2010 profit estimates.
Charles River Labs cuts full-year outlook on weak demand; forecast falls below Street viewAugust 5th, 2009 Charles River Labs cuts full-year outlookWILMINGTON, Mass. — With sales and profit down the first half of the year, medical research equipment maker Charles River Laboratories International Inc.
Newell Rubbermaid beats forecasts with 14 percent rise in 2Q profit, raises outlook for yearJuly 30th, 2009 Newell Rubbermaid 2Q profit bounces up 14 pctCHICAGO — Consumer products company Newell Rubbermaid Inc. said its second-quarter earnings rose 14 percent, thanks to lower material costs and a decision to stop making some less-profitable products.
Newell Rubbermaid beats forecasts with 14 percent increase in 2nd-quarter profitJuly 30th, 2009 Newell Rubbermaid 2Q profit rises 14 pctCHICAGO — Consumer products company Newell Rubbermaid's second-quarter earnings rose 14 percent on lower material costs and a decision to stop making some less-profitable products. Adjusted results for the maker of storage containers, office supplies and cookware were down 3 percent compared with last year's adjusted figures, the company said Thursday — but still managed to top Wall Street forecasts.
Fidelity National raises full-year outlook after 2nd-quarter profit shrinksJuly 29th, 2009 Fidelity National raises full-year outlookJACKSONVILLE, Fla. — Fidelity National Information Services Inc.
Seed maker Monsanto 3Q profit falls 14 pct, plans to cut 900 jobsJune 24th, 2009 Monsanto 3Q profit falls 14 pct, will cut 900 jobsST. LOUIS — Monsanto Co., the world's biggest seed maker, said Wednesday its third-quarter profit fell 14 percent and it plans to cut 900 jobs, or about 4 percent of its work force.
Home Depot says its full-year earnings may come in better than previously forecastJune 10th, 2009 Home Depot raises full-year earnings expectationsATLANTA — Home Depot, the nation's largest home improvement retailer, anticipates its full-year earnings may now come in better than previously forecast. The move comes a few weeks after smaller rival Lowe's Cos.
Burger King 3rd quarter profit climbs 15 percent but company cuts full-year outlookApril 29th, 2009 Burger King 3Q profit risesMIAMI — Burger King says its profit rose 15 percent in the fiscal third quarter but is lowering its full-year outlook due to the stronger dollar and possible affects of the Swine Flu. Miami-based Burger King Corp.
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