Monsanto (MON) Posts Q1 Ongoing Loss of 11c/Share
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Monsanto Company Delivers Better Than Expected First-Quarter Results
January 6, 2016 8:02 AM ESTWith recent currency devaluation in Argentina, company points to lower half of full-year ongoing EPS guidance of $5.10 to $5.60; full year as-reported guidance improves modestly to $4.12 to $4.79 as a result of the anticipated timing of charges related to announced restructuring actions Finalizes plans to reach previously outlined target of $500 million of annual savings by end of FY18 Company targets ongoing and as-reported EPS CAGR in excess of 20% from end of FY16 to FY19 Industry-leading R&D pipeline delivers more than 20 advancements for... More
