In the red

Daily Freeman (Kingston, NY) - - BUSINESS -

Wall Street an­tic­i­pates that Mon­santo’s lat­est quar­terly snap­shot will show a smaller loss for the seed seller.

The Saint Louis, Mis­souri-based com­pany has been strug­gling amid a steady de­cline in sales this past year. How­ever, its woes didn't spook Ger­man drug and chem­i­cals com­pany Bayer AG from agree­ing to ac­quire Mon­santo last month for $57 bil­lion in a deal that would cre­ate a gi­ant global chem­i­cal and agri­cul­tural prod­ucts com­pany. Mon­santo re­ports its fis­cal fourth-quar­ter re­sults to­day.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.