News: Syngenta AG (SYT)

SYT on New York Consolidated

66.38USD
26 Nov 2014
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Tue, Nov 25 2014

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In wake of China rejections, GMO seed makers limit U.S. launches

- China’s barriers to imports of some U.S. genetically modified crops are disrupting seed companies' plans for new product launches and keeping at least one variety out of the U.S. market altogether.

UPDATE 1-Syngenta to reap $265 million from cost cuts in 2015

* Measures will affect around 1,800 jobs (Adds details on cost-savings plan)

Syngenta targets savings of $265 mln in 2015 from cost cuts

ZURICH, Nov 24 - Syngenta said on Monday its cost-cutting programme should reap $265 million in savings next year as part of its long-term plan to boost profitability.

UPDATE 1-ADM sues Syngenta over rejections of GMO corn by China

(Adds details, background, ADM quote, Syngenta comment; adds byline)

ADM sues Syngenta over rejections of GMO corn by China

Nov 19 - Archer Daniels Midland Co. sued seed company Syngenta AG on Wednesday over rejections by China of a genetically modified corn variety not approved for import by Beijing.

Syngenta lawsuit against Bunge over GMO corn revived on appeal

CHICAGO - A federal appeals court has opened the door for Syngenta Seeds to revive a lawsuit it brought against Bunge North America in 2011 over the agribusiness company's refusal of a type of genetically modified corn.

Syngenta lawsuit against Bunge over GMO corn revived on appeal

CHICAGO, Oct 20 - A federal appeals court has opened the door for Syngenta Seeds to revive a lawsuit it brought against Bunge North America in 2011 over the agribusiness company's refusal of a type of genetically modified corn.

Syngenta warns of 2014 hit to profit margin

ZURICH - Syngenta , the world's No. 1 crop chemicals maker, said its 2014 profit margin would be hit by an unfavorable shift in crops from corn to soybean in North America and lower than expected prices for its products in Latin America.

UPDATE 2-Syngenta warns of 2014 hit to profit margin

* Sales growth expected to accelerate in Q4 - CEO (Adds detail, share price, analyst, quotes)

BRIEF-Syngenta indicated up 1.2 pre-market after Q3

Oct 16 - Syngenta AG : * Indicated 1.2 higher in pre-market indications

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