In stock: Monsanto profit soars in third quarter

In stock: Monsanto profit soars in third quarter

 
| Modified: June 27, 2012 at 7:08 pm | Published: June 28, 2012    Comment on this article Leave a comment

In stock

Monsanto

Monsanto says its third-quarter net income rose 35 percent as its seeds and traits business gained from a mild winter that drove farmers to plant crops earlier. The U.S. agricultural giant also kept its full-year earnings forecast after boosting it last month. The St. Louis company, which produces genetically engineered seeds and the herbicide Roundup, earned $937 million, or $1.74 per share, in the quarter ended in May.

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