Monsanto plummets on tough outlook for seeds, weed killer

Shares of agricultural business giant Monsanto tumbled Wednesday after the maker of biotech seeds slashed its 2016 profit guidance due to a dimmer outlook for its product sales. A combination of headwinds, including pricing pressures and unfavorable foreign exchange rates, is "proving to be even more challenging," than the company estimated, Monsanto Chief Financial Officer Pierre ...

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Monsanto plummets on tough outlook for seeds, weed killer

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