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Monsanto’s Stock Is Tanking. Is the Company’s Own Excitement About GMOs Backfiring?

October 12, 2015

Monsanto’s long, noisy attempt to buy up rival pesticide giant Syngenta crumbled into dust last month. And Wednesday, Monsanto reported quarterly revenues and profits that sharply underperformed Wall Street expectations. For good measure, it also sharply lowered its profit projections for the year ahead.

Research-and-development investments in the ag-biotech/agrichemical sector aren’t paying off—not enough blockbuster new products—so the few companies remaining in the field (there are six) are going to start swallowing each other up.

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One Comment leave one →
  1. holeshothunter permalink
    October 12, 2015 10:01 pm

    Good! I hope those monsters go bankrupt. Then to justice and to jail., Then they should all die from eating their own poisons. Just sayn’

    Like

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