-
Gabelli Reiterates MON Buy Rating
Thursday, April 7, 2011 - 7:56am | 83Gabelli has issued a report reiterating the Buy Rating on Monsanto Co (NYSE: MON). Gabelli writes, "Second quarter results were driven by improvements in the Agricultural Productivity segment as Seeds & Genomics segment EBIT was relatively flat… We maintain our 2011E EPS of $2.80 and our 2012P...
-
UPDATE: J.P. Morgan Cutting Price Target On Monsanto (MON)
Thursday, April 7, 2011 - 7:00am | 244J.P. Morgan Chase & Co. is cutting its estimates on shares of Monsanto (NYSE: MON) to $65 from $70, and is keeping its Neutral rating on shares. In a note to investors, J.P. Morgan writes, "We believe it will be difficult for Monsanto shares to exceed market returns over its F2H11 (ends August...
-
Citi Comments On Monsanto Pullback
Thursday, April 7, 2011 - 6:57am | 143According to Citi, Monsanto (NYSE: MON) pullback is buying opportunity. Citi reported that, while 2Q adjusted EPS of $1.87 was slightly ahead of its $1.83 estimate, it believes that investors were disappointed by the initial pricing guidance for the 2012 planting season provided on today's...
-
J.P. Morgan Overweight On Potash Corp. (POT)
Thursday, April 7, 2011 - 6:50am | 132J.P. Morgan has an Overweight rating and a $60 price target on shares of Potash Corp. (NYSE: POT). In a note to clients, J.P. Morgan writes, "We edged higher our Potash Corp earnings estimate from $3.17 for 2011 to $3.20, and we lifted our 2012 projection from $3.25 to $3.50. Our 2011 EPS...
-
<organ Stanley Maintains Overweight Rating On Monsanto
Thursday, April 7, 2011 - 6:36am | 131According to Morgan Stanley, Monsanto (NYSE: MON) Overweight rating is maintained. Morgan Stanley reported that it is maintaining its Overweight rating and $77 price target. “From a valuation perspective, F3Q11 will now be the make or break quarter with acreage for Roundup 2 Soybeans (RU2),...
-
Equity Markets at Even Keel 04-06-2011
Wednesday, April 6, 2011 - 2:04pm | 863Cusick's Corner Action in Asia and the EU overnight and into the morning was positive enough to keep the equity markets at an even keel. There also has been a lot of action in Gold, GCJ11 +6, which is being built into a lot of portfolios as a currency play or a market uncertainty play. We are...
-
Monsanto Sees the Largest Fourth Quarter Loss Since 2007
Wednesday, April 6, 2011 - 8:51am | 18Monsanto (NYSE: MON) Sees the Largest Fourth Quarter Loss Since 2007
-
News Summary
Wednesday, April 6, 2011 - 8:32am | 192Shares of Genpact Ltd (NYSE: G) gained about 2.7% after the company announced its plans to buy consulting and IT services group Headstrong Corp. for $550 million in cash. The transaction is likely to close by the end of May. Shares of Monsanto Co (NYSE: MON) fell about 0.5% after the company...
-
Dahlman Rose Reports Intrepid Potash Expensive On Relative Valuation
Wednesday, April 6, 2011 - 8:18am | 188According to Dahlman Rose, Intrepid Potash's (NYSE: IPI) tight markets lead to market upside. Dahlman Rose reported that it expects Intrepid to benefit from higher potash prices, and it maintains its Sell rating based on relative valuation. “We expect strong farmer economics and healthy spring...
-
Monsanto Reports Upbeat Q2 Earnings
Wednesday, April 6, 2011 - 7:10am | 56Monsanto Company (NYSE: MON) reported its Q2 adjusted EPS at $1.87, beating the consensus of $1.85. MON reported its Q2 revenue at $4.13 billion, versus the consensus of $4.15 billion. MON shares gained 1.90% to $75.00 in pre-market trading. Read more from Benzinga's Company news.
-
Monsanto Guides FY2011 EPS $2.72-2.82 vs. $2.86 Est. (MON)
Wednesday, April 6, 2011 - 7:06am | 17Monsanto Guides FY2011 EPS $2.72-2.82 vs. $2.86 Est. (NYSE: MON)
-
Monsanto Reports EPS of $1.87 vs. $1.84; Revenues of $4.13B vs. $4.15B
Wednesday, April 6, 2011 - 7:01am | 20Monsanto (NYSE: MON) Reports EPS of $1.87 vs. $1.84; Revenues of $4.13B vs. $4.15B
-
A Peek Into The Market Before The Trading Starts
Wednesday, April 6, 2011 - 6:23am | 383Pre-open movers US stock futures are higher this morning, as investors are awaiting quarterly results from Monsanto Co (NYSE: MON). Gold futures surged to a new high. Futures for the Dow Jones Industrial Average surged 68 points to 12,395.00, while those for the S&P 500 index rose 8.70 points...
-
US Stock Futures Up As Investors Await Monsanto Earnings, Gold Futures Hit New High, American Superconductor Shares Drop In Pre-Market Trading
Wednesday, April 6, 2011 - 5:20am | 472US stock futures are higher this morning, as investors are awaiting quarterly results from Monsanto Co (NYSE: MON). Gold futures surged to a new high. Futures for the Dow Jones Industrial Average surged 44 points to 12,371.00, while those for the S&P 500 index rose 5.40 points to 1,332.10....
-
Earnings Scheduled For April 6 (MON, WDFC, BLUD, RT, BBBY, APOG, MSM, RELL, SMSC)
Wednesday, April 6, 2011 - 12:43am | 247Monsanto Company (NYSE: MON) is projected to report its FQ2 EPS at $1.85 on revenue of $4.15 billion. WD-40 Co (NASDAQ: WDFC) is projected to report its FQ2 earnings at $0.67 per share on revenue of $86.67 million. Immucor Inc (NASDAQ: BLUD) is expected to post its FQ3 earnings at $0.27 per...