Wednesday, April 4, 2007

Monsanto profit beats estimates

Monsanto profit beats estimates, raises outlook (Reuters)

A Monsanto employee looks at growth in a wheat field in North Dakota in a file photo. Monsanto Co. on Wednesday said it posted a higher second-quarter profit, due largely to continued strong sales of its genetically modified seeds, particularly corn. (Carey Gillam/Reuters)Reuters - Monsanto Co. posted higher-than-expected second-quarter profit on Wednesday, due largely to continued strong sales of its genetically modified seeds, particularly corn.


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