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Monsanto cuts first-quarter earnings guidance

2015-11-10 16:57:21| Chemicals - Topix.net

Monsanto Co on Tuesday confirmed earlier guidance that its fiscal first quarter 2016 is expected to show an earnings-per-share loss in the 23-to-33 cent range, amid continued pricing weakness in glyphosate, fewer South American corn acres being planted and restructuring costs. Hugh Grant, Chairman and CEO of Monsanto, participates in a panel discussion at the 2015 Fortune Global Forum in San Francisco, California November 3, 2015.

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