Source Pravda.Ru

Monsanto makes new profit forecast for 2008

Monsanto Co. announced a new profit forecast in 2008. The company, which is considered to be the largest seed producer in the world, said it was expecting extra earnings from weed killer and GM seeds.

The company’s profit in 2008 is thus expected to rise up to $2.80 per share against the previously forecast $2.50, a spokesperson for Monsanto said in a statement.

The Monsanto Company is a multinational agricultural biotechnology corporation. It is the world's leading producer of the herbicide glyphosate, marketed as "Roundup". Monsanto is also by far the leading producer of genetically engineered (GE) seed, holding 70%–100% market share for various crops. Agracetus, owned by Monsanto, exclusively produces Roundup Ready soybean seed for the commercial market. In March 2005, it finalized the purchase of Seminis Inc, making it also the largest conventional seed company in the world. It has over 16,000 employees worldwide, and an annual revenue of US$7.344 billion reported for 2006.

Monsanto's development and marketing of genetically engineered seed and bovine growth hormone, as well as its aggressive litigation and political lobbying practices, have made the company controversial around the world and a primary target of the anti-globalization movement and environmental activists. While other chemical and biotech multinationals face similar criticisms, Monsanto tends to be targeted more routinely and more strongly.

It was either inability to analyze or pure cowardice, but the cruise missile attack on Syria had a purely political outcome that would not affect the outcome of the Syrian conflict. The US is obviously revisiting the Iraq crisis from 2003

USA's 'stupid missiles' ensure major victories for Russia on many fronts
Comments
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Castro sued over alleged torture
It was US and UK that sank Russia's Kursk submarine
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Castro sued over alleged torture
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Russia accuses British special services of staging Douma chemical attack
Iran strongly determined to fight for Golan Heights
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Iran strongly determined to fight for Golan Heights
SWIFT refuses to cut Russia off, even if Washington insists
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better