Market Currents

• Sunday, November 29, 2009

• 16:29 PM Barron's says Monsanto (MON) shares are headed higher in the long-term, noting its seeds business will likely produce 85% of the company's profits by 2012 (vs. 66% today) as the world grows hungrier and more crowded. Unlike fertilizer, the market for genetically-modified seeds remains largely undertapped outside the U.S. 1 Comment

• Monday, October 26, 2009

• 09:55 AM Monsanto (MON -2.4%) heads lower after Goldman says its channel contacts indicate Monsanto has begun discounting corn seeds to some customers by 4-12% in an attempt to defend its market share. 1 Comment

• Wednesday, October 7, 2009

• 08:17 AM Monsanto (MON): FQ4 EPS of $0.02 beats by $0.01. Revenue of $1.88B (-8.4%) vs. $1.97B. Sees 2010 EPS of $3.10-3.30 vs. $3.43. Shares +2.3% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: COST, FDO, MON, SU 1 Comment

• Thursday, September 10, 2009

• 09:00 AM Premarket gainers: DVAX +82%. RNWK +14%. SWHC +14%. UAUA +13%. VICL +10%. LCC +9%. OCNF +7%. RFMD +6%. BX +5%. YRCW +5%. SWKS +5%. AMR +5%. DAL +4%. AIB +4%. YHOO +4%. ALU +4%.
  Losers: MON -8%. NAV -7%. Comment!
• 08:30 AM Monsanto (MON) now -7.6% premarket after lowering its earnings guidance. Comment!
• 05:09 AM Monsanto (MON) says 2009 earnings will come in at the low end of its range of $4.40-4.50 per share. 2010 earnings will be at $3.10-3.30 per share vs. analysts' calls of $4.29. Shares -3% premarket. Comment!

• Tuesday, July 21, 2009

• 09:00 AM Premarket gainers: JDAS +25%. INCY +18%. AKRX +12%. CAT +12%. CIT +7%. SPPI -7%. IP +7%. UAUA +6%. HEB +6%. CTIC +5%. JOYG +5%. YGE +5%. LVS +5%. JASO +5%. MGM +5%. AIB +5%. SOL +4%. WYNN +4%. DE +4%. MRK +4%. TSTR +4%. MON +4%. DOW +4%.
  Losers: RF -11%. LXK -11%. ZION -7%. AKS -5%. STT -4%. SAY -4%. Comment!

• Wednesday, June 24, 2009

• 15:24 PM Monsanto (MON -4.2%), who today announced profits declined 14 percent, will cut 900 jobs in order to focus on its seed business. 3 Comments
• 08:13 AM Monsanto (MON): FQ3 EPS of $1.25 beats by $0.08. Revenue of $3.2B (-10.7%) vs. $3.4B. Shares +1% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: MON, RAD Comment!

• Wednesday, May 27, 2009

• 09:05 AM Monsanto (MON): Sees Q3 EPS of $1.15 vs. consensus of $1.58 and full-year EPS of $4.40 vs. $4.61. (PR) Shares -4.2% premarket. Peers: SYT -3.7%. MOS -1.5%. AGU -1.3%. POT -1.2%. Comment!
• 09:00 AM Premarket gainers: MAPP +13%. SNDK +13%. SQNM +12%. HEB +6%. RF +4%. CYTK +4%. CHS +4%. CIT +4%. THC +4%.
  Losers: SEED -18%. GM -12%. HIW -6%. MON -4%. SYT -4%. Comment!

• Thursday, April 2, 2009

• 08:25 AM Monsanto (MON): FQ2 EPS of $2.16 beats by $0.09. Revenue of $4.04B (+8.3%) vs. $4.14B. Sees full year EPS of $4.40-4.50 vs. $4.69. Shares +4.7% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: KMX, MON, RAD Comment!

• Wednesday, January 7, 2009

• 09:18 AM Premarket gainers: PLCM +9.6%. FDO +9%. MON +9%. HMC +9%. SNE +5%. SYT +5%. NG +5%. RMBS +4%. BCS +3%. Comment!