Monsanto Dodges a Bullet
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And the SEC and DOJ notch victories.
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Agribusiness Monsanto Co. said yesterday it will buy vegetable and fruit seed company Seminis Inc. for about $1 billion in cash, looking to capitalize on the trend of healthier diets while further migrating from its chemical herbicide business.
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KANSAS CITY, Missouri  - Monsanto Co.  reported on Thursday that quarterly earnings jumped 71 percent, driven partly by surging sales of its genetically modified corn and other seeds.
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France officially imposed Saturday a ban on a strain of genetically modified (GM) corn produced by the US agribusiness giant Monsanto, with the publication of an agriculture ministry order in the state's official journal.
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Biotech company buys itself a bigger future.
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A new study shows raises questions about the straying of plants altered through biotechnology and that could hurt the efforts of two companies to win approval for the first bioengineered grass.
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KANSAS CITY, Missouri  - Monsanto Co  raised its 2007 earnings outlook on Monday, citing strong global corn sales, higher prices for its branded Roundup herbicides and a more favorable tax rate.
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Take your pick: The widening adoption of genetically engineered crops by farmers around the world is reducing global pesticide use, increasing agricultural yields and bringing unprecedented prosperity and food security to millions of the world's poorest citizens.
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Genetically engineered grass developed for use on golf courses can spread its modified genes for miles, carried by ultra-light pollen
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KANSAS CITY, Missouri  - Biotech crop critics said they were asking for a permanent injunction to stop the planting of Monsanto Co.'s genetically modified alfalfa after failing to negotiate a settlement with U.S. regulators by a court-imposed deadline on Friday.
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Environmental group Greenpeace launched a fresh attack on genetically modified maize developed by U.S. biotech giant Monsanto, saying on Tuesday that rats fed on one version developed liver and kidney problems.
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The biotechnology industry has failed to deliver on promises to revolutionize agriculture with plants genetically engineered to be healthier, drought resistant and tastier, a consumer interest group said Wednesday.
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ANN ARBOR, Mich. - An apparent mix-up resulted in a lawn care company spraying the yard of a prominent anti-pesticide activist.
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Monsanto Co.'s  attempt to buy  southern seed giant Delta & Pine Land Co.  could be  running into trouble as an unusual backlash against the  proposed combination is taking root across the U.S. Farm Belt,  the Wall Street Journal reported on its Web site on Monday.
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With the Food and Drug Administration having declared that meat and milk from cloned animals are safe, opponents of food from clones are shifting their fight to how such fare is labeled.
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The Agriculture Department has given a preliminary green light for the first commercial production of a food crop engineered to contain human genes, reigniting fears that biomedically potent substances in high-tech plants could escape and turn up in other foods.
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KANSAS CITY, Mo.  - Agriculture products company  Monsanto Co. MON.N on Monday said it will buy vegetable and  fruit seed company Seminis Inc. for about $1 billion in a move  to capitalize on the trend toward healthier diets and enhance  its portfolio of seed operations.