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Monsanto Co (MON.N)

MON.N on New York Stock Exchange

103.91USD
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Monsanto sets special shareholder meeting date to vote on merger proposal with Bayer
Tuesday, 1 Nov 2016 08:00am EDT 

Monsanto Company :Monsanto co - designated December 13, 2016 as date for a special meeting of shareowners to vote upon proposal to adopt merger agreement with Bayer.  Full Article

Deere reaches agreement to enable AG Leader to offer products sold by Precision Planting
Wednesday, 12 Oct 2016 06:00pm EDT 

Deere & Co : Deere -Reached an agreement to enable AG Leader, a precision agriculture competitor, to offer products currently sold by Precision Planting . Deere & Co says agreement is contingent on Deere completing acquisition of Precision Planting from Climate Corporation . Agreement will provide AG Leader technologies and licenses necessary to manufacture and sell precision Planting Speedtube and related technology . Deere & Co- Co anticipates AG Leader will sell Precision Planting components to Retrofit Deere and other brands of planters .Deere & Co - Agreement is contingent on Deere completing acquisition of Precision Planting from Climate Corporation, a subsidiary of Monsanto Company.  Full Article

Monsanto Q4 Loss Per Share of $0.44 on an as-reported basis
Wednesday, 5 Oct 2016 09:10am EDT 

Monsanto Co : Continued Soybean Technology Expansion And Cost Discipline Expected To Drive Return To EPS Growth In FY17 . Initial Steps Underway To Close On Deal With Bayer To Unlock Value For Shareowners . Continued Soybean Technology Expansion And Cost Discipline Expected To Drive Return To Eps Growth In Fy17 . Q4 Earnings Per Share View $-0.03, Revenue View $2.36 Billion -- Thomson Reuters I/B/E/S . Company Reiterated Confidence In Timelines To Close Deal With Bayer By End Of Calendar Year 2017 . In 2017, Company Expects Agricultural Productivity Segment To Deliver $900 Million To $1 Billion Of Gross Profit . In Soybeans, Greater Than 20 Percent Growth In Gross Profit, Coupled With Margin Improvement, Is Expected Year-Over-Year In Fiscal 2017 . Operating Expenses In 2017 Expected To More Than Offset Savings From Restructuring And Cost-Savings Plans . Sees FY 2017 Earnings Per Share $3.83 To $4.35 . Sees As-Reported FY17 EPS Guidance At $3.83 To $4.35 And Ongoing EPS Guidance At $4.50 To $4.90 . Qtrly Net Sales $2,562 Million Versus $2,355 Million Last Year . For Q4, Company Reported $0.44 Loss Per Share On An As-Reported Basis . For Q4, Company Reported $0.07 Earnings Per Share On An Ongoing Basis . Qtrly Ongoing EPS Results Were Better Than Fiscal Year 2015, Driven By $157 Million Gain From Formation Of Sorghum Joint Venture With Remington . FY2017 Earnings Per Share View $4.91, Revenue View $13.83 Billion -- Thomson Reuters I/B/E/S.  Full Article

Monsanto, Dow Agrosciences enter global licensing agreement on Exzact Precision Technology Platform
Monday, 3 Oct 2016 12:00pm EDT 

Monsanto Co: Monsanto and Dow Agrosciences announce global licensing agreement on Exzact precision technology genome-editing platform .Additional terms of agreement were not disclosed.  Full Article

Monsanto announces global licensing agreement with Broad Institute
Thursday, 22 Sep 2016 12:00pm EDT 

Monsanto Co: Monsanto announces global licensing agreement with Broad Institute on key genome-editing application . Broad institute grants Monsanto a worldwide non-exclusive license for agriculture applications of CRISPR-Cas technology . Licensing agreement for use of CRISPR-Cas genome-editing technology in agriculture with Broad Institute of MIT and Harvard .Additional terms of agreement were not disclosed.  Full Article

Bayer & Monsanto seen closing in on deal - CNBC, citing sources
Tuesday, 6 Sep 2016 09:00am EDT 

: Bayer & Monsanto seen closing in on deal; Monsanto told Bayer it is "close" on price- CNBC, citing sources . Bayer, Monsanto deal could happen within a week or two- CNBC, Citing Sources.  Full Article

Bayer confirms advanced negotiations with Monsanto concerning a proposed transaction
Monday, 5 Sep 2016 06:38pm EDT 

Bayer Ag : Confirms advanced negotiations with Monsanto concerning a proposed transaction . There can be no assurance that the parties will enter into an agreement . Co would be prepared to provide transaction consideration of $127.50 per Monsanto share only in connection with a negotiated transaction .Key terms and conditions have not yet been agreed.  Full Article

Deere & Co. plans to contest U.S. govt legal action to block acquisition
Wednesday, 31 Aug 2016 12:04pm EDT 

: Deere & Co says it plans to contest legal action announced by U.S. Department of justice to block acquisition of Monsanto's precision planting . Deere says Department of Justice's "allegations about the competitive impacts of the transaction are misguided" . Deere says the proposed acquisition benefits farmers by accelerating the development and delivery of new precision equipment solutions .Deere says "when the transaction is finalized Deere will preserve Precision Planting's independence".  Full Article

U.S. files antitrust lawsuit to block Deere from buying Monsanto's Precision Planting unit
Wednesday, 31 Aug 2016 11:48am EDT 

: U.S. files antitrust lawsuit against Deere & Co Monsanto Co -- court filing . U.S. says seeks to block deere's proposed acquisition of monsanto's precision planting llc unit . U.S. says Deere and precision planting dominate U.S. market for high-speed precision planting systems, with at least 86% share . U.S. says allowing the purchase would lessen competition, impede innovation, and hurt farmers who now benefit from lower prices . U.S. files lawsuit in the federal court in Chicago.  Full Article

U.S. files antitrust suit against Deere and Monsanto - Bloomberg
Wednesday, 31 Aug 2016 11:45am EDT 

:U.S. files antitrust suit against Deere and Monsanto - Bloomberg.  Full Article

BRIEF-Monsanto provides update on Bayer merger

* Monsanto co - in connection with merger with Bayer, a purported class action lawsuit, captioned ken gawrych, was filed on nov. 16, 2016