Monsanto earnings fall 34% after a year of global protests - GoFuckYourself.com

wehateporn · 01-22-2015, 08:19 AM

Company that has come under fire for its genetically modified seeds said its earnings fell 34% in its first fiscal quarter

Monsanto said Wednesday its earnings fell 34% in its first fiscal quarter, as South American farmers cut back on planting corn, reducing demand for the company?s biotech-enhanced seeds.

US farmers harvested record crops of soybeans and corn last year, sending prices on those food staples to their lowest levels in years. That has resulted in farmers in South America and elsewhere reducing the number of acres they dedicate to corn. Monsanto said its business was also affected by reduced cotton planting in Australia.

The agriculture products company?s revenue fell more than 8% to $2.87bn in the period, on lower sales of corn seeds and herbicide. Analysts expected $2.96bn, according to Zacks.

The St Louis-based company reported a profit of $243m, or 50 cents per share, down from $368m, or 69 cents per share in the same period last year.

Earnings, adjusted to account for discontinued operations, came to 47 cents per share in the most recent quarter.

Continued Monsanto earnings fall 34% after a year of global protests | Business | The Guardian

michael.kickass · 01-22-2015, 10:29 AM

That's great news.

sperbonzo · 01-22-2015, 12:24 PM

... And thousands of Indian children will go blind because of the banning of golden rice, based on no scientific evidence whatsoever...

People are idiots.

.

hottoddy · 01-22-2015, 12:27 PM

Quote:

Originally Posted by sperbonzo

... And thousands of Indian children will go blind because of the banning of golden rice, based on no scientific evidence whatsoever...

People are idiots.

.

The food nazis believe they're better dead than fed.

suesheboy · 01-22-2015, 02:38 PM

my Monsanto stock is still up more than 16.5% since i got it a few years ago not including dividends so I'm not worried yet.

bronco67 · 01-22-2015, 03:45 PM

So this means they'll only be worth $40 billion. Poor them.

sandman! · 01-22-2015, 03:51 PM

im sure they will find ways to make even more $$$$

mineistaken · 01-22-2015, 04:07 PM

income dropped by 34%?
Just double checking on what exactly is "earnings".
If income - hard to believe (and great news), if profit - that does not say anything.

CaptainHowdy · 01-22-2015, 04:10 PM

SpicyM · 01-23-2015, 09:52 AM

Great news.. I would not even wipe my ass with that GMO shit.

Plutocracy · 01-23-2015, 10:06 AM

Shop at the food market and support farmers! The grocery store won't miss you and the food is soooo good

Quine · 01-23-2015, 10:52 AM

http://i.imgur.com/15Cl2rg.jpg

PR_Glen · 01-23-2015, 11:15 AM

yeah feeding the starving is such a horrible act.

fappingJack · 01-23-2015, 11:36 AM

Quote:

Originally Posted by HarleyMorgan

Shop at the food market and support farmers! The grocery store won't miss you and the food is soooo good

True! Farmers sell for a living, not for business purposes

PR_Glen · 01-23-2015, 11:40 AM

Quote:

Originally Posted by fappingJack

True! Farmers sell for a living, not for business purposes

who does monsanto hire to plant, water, fertalize and harvest the crops again? Oh yes, robots and goats..

SpicyM · 01-23-2015, 12:31 PM

Quote:

Originally Posted by PR_Glen

who does monsanto hire to plant, water, fertalize and harvest the crops again? Oh yes, robots and goats..

Who cares, just keep the genetically modified shit out of this country.

TrafficPartner Wolfgang · 01-23-2015, 12:40 PM

Quote:

Originally Posted by PR_Glen

who does monsanto hire to plant, water, fertalize and harvest the crops again? Oh yes, robots and goats..

Ever looked at one of those meat production plants? Can't call that a Farm or Ranch. That is pretty much your oversized, stationary robot. ;-) And don't get me wrong I'm all for a good steak, but from free range grazing, please!

01-22-2015, 08:19 AM	#1
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	Monsanto earnings fall 34% after a year of global protests Company that has come under fire for its genetically modified seeds said its earnings fell 34% in its first fiscal quarter Monsanto said Wednesday its earnings fell 34% in its first fiscal quarter, as South American farmers cut back on planting corn, reducing demand for the company?s biotech-enhanced seeds. US farmers harvested record crops of soybeans and corn last year, sending prices on those food staples to their lowest levels in years. That has resulted in farmers in South America and elsewhere reducing the number of acres they dedicate to corn. Monsanto said its business was also affected by reduced cotton planting in Australia. The agriculture products company?s revenue fell more than 8% to $2.87bn in the period, on lower sales of corn seeds and herbicide. Analysts expected $2.96bn, according to Zacks. The St Louis-based company reported a profit of $243m, or 50 cents per share, down from $368m, or 69 cents per share in the same period last year. Earnings, adjusted to account for discontinued operations, came to 47 cents per share in the most recent quarter. Continued Monsanto earnings fall 34% after a year of global protests \| Business \| The Guardian __________________ Sexy Girls Teasing

01-22-2015, 10:29 AM	#2
michael.kickass Too lazy to set a custom title Join Date: Mar 2009 Posts: 11,039	That's great news. __________________ NICERATIOS - $30 PPS - 50% Rev Share - 5% WM Referral - High Converting Sites! Any questions about your NICERATIOS account? Vanessa will take care of you: [email protected] Looking to expand your business in general, maybe sell your sites? Contact me: [email protected]

01-22-2015, 02:38 PM	#5
suesheboy Confirmed User Industry Role: Join Date: Nov 2002 Location: FL - TN/NC Posts: 5,211	my Monsanto stock is still up more than 16.5% since i got it a few years ago not including dividends so I'm not worried yet. __________________ Adult Web Site Domain Names For Sale Adult Sex Toy Domain Names For Sale Tantric Delights, Sex Toys Blog, Tantric Sex Toys

01-22-2015, 03:45 PM	#6
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,035	So this means they'll only be worth $40 billion. Poor them. __________________

01-22-2015, 03:51 PM	#7
sandman! Icq: 14420613 Industry Role: Join Date: Mar 2001 Location: chicago Posts: 15,432	im sure they will find ways to make even more $$$$ __________________ Need WebHosting ? Email me for some great deals [email protected]

01-22-2015, 12:24 PM	#3
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,743	... And thousands of Indian children will go blind because of the banning of golden rice, based on no scientific evidence whatsoever... People are idiots. .

01-22-2015, 04:07 PM	#8
mineistaken See signature :) Industry Role: Join Date: Apr 2007 Location: ICQ 363 097 773 Posts: 29,656	income dropped by 34%? Just double checking on what exactly is "earnings". If income - hard to believe (and great news), if profit - that does not say anything.

01-22-2015, 04:10 PM	#9
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 92,983	__________________ FLASH SALE INSANITY! deal with a 100% Trusted Seller Buy Traffic Spots on a High-Quality Network 1 Year or Lifetime — That’s Right, Until the Internet Explodes!

01-23-2015, 09:52 AM	#10
SpicyM Confirmed User Industry Role: Join Date: Aug 2006 Posts: 4,534	Great news.. I would not even wipe my ass with that GMO shit.

01-23-2015, 10:06 AM	#11
Plutocracy Pluto: Planet or Doggie Industry Role: Join Date: May 2014 Posts: 858	Shop at the food market and support farmers! The grocery store won't miss you and the food is soooo good __________________ Bored? Empireamateurs.com Want to make a boatload of cash? Click here and get started TODAY

01-23-2015, 10:52 AM	#12
Quine Confirmed User Industry Role: Join Date: Jan 2013 Location: Croatia Posts: 308	http://i.imgur.com/15Cl2rg.jpg __________________ -I can't quantify my hatred of the State. Preferences are ordinal. -The absolute ruler may be a Nero, but he is sometimes Titus or Marcus Aurelius; the people is often Nero, and never Marcus Aurelius.

01-23-2015, 11:15 AM	#13
PR_Glen Confirmed User Industry Role: Join Date: Oct 2006 Location: Canada Posts: 9,058	yeah feeding the starving is such a horrible act. __________________ webmaster at pimproll dot com