NEWS
Wed Jun 25, 2014 11:01 AM CDT

WASHINGTON (AP) -- Monsanto said its earnings fell more than 5 percent in the third fiscal quarter on lower biotech seed sales, but its performance topped Wall Street estimates and the company raised the lower end of its 2014 outlook. It also announced plans to repurchase $10 billion in shares.

The combination sent shares up more than 5 percent in morning trading Wednesday.

Monsanto Co. said the $10 billion share buyback will take place over two years. The company has about $1.1 billion remaining under its previous share buyback plan.

The St. Louis company said it earned $858 million, or ...

Quick View
Related News Stories
Rural Hospitals Struggling to Survive
Ag Interest Rate Snapshot
Monsanto Eyes Syngenta Takeover
Minding Ag's Business
Potash Profits Disappoint
Woodbury: Farm Family Business
Canada: New Train Safety Rules
Deere: You Own Your Tractor
UAVs Taking Flight in Ag
Minding Ag's Business