Tagged: Monsanto

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Monsanto
12:43 pm
Wed April 3, 2013

Monsanto Profit Rises 22 Percent In Second Quarter

Credit (via Monsanto)
A field of soybeans grown with Monsanto's genetically-modified Roundup Ready seeds.
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Monsanto says its net income increased 22 percent in the second quarter on strong sales of its biotech seeds.

The agricultural products company boosted its full-year earnings guidance, citing its strong performance in the first two quarters.

The St. Louis company says it earned $1.48 billion, or $2.74 per share in the three months ended Feb. 13. That compares to earnings of $1.21 billion, or $2.24 per share, a year ago.

Revenue climbed 15 percent to $5.47 billion.

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Business
9:21 am
Wed March 27, 2013

Monsanto, Dupont Agree To $1.5 Billion Licensing Deal

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Originally published on Wed March 27, 2013 5:59 am

Genetically-modified seeds — and the technology to produce them — have been at the center of a bitter legal fight between the two companies. Dupont will pay Monsanto more than $1.5 billion in the deal. With that, the companies will drop their patent and antitrust claims against each other.

St. Louis on the Air
3:57 pm
Mon February 25, 2013

Legal Roundtable: Monsanto Likely To Win Case, Gun Legislation, St. Louis Cards Rally Squirrel, Etc.

Credit (via Flickr/mike matney)
Old St. Louis County Courthouse
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Last week, the U.S. Supreme Court heard oral arguments in a legal battle between St. Louis-based Monsanto and a 75-year-old farmer from Indiana named Vernon Hugh Bowman.

While some Supreme Court justices have already tipped their hat signifying Monsanto will likely win the case, the issue revolves around whether Bowman violated Monsanto’s patent rights when he planted soybean seeds from a grain elevator.

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