Saturday, November 22nd, 2008

Posts Tagged ‘ KR ’

Monsanto Sells Milk-Hormone Unit to Focus on Seed Product Lines

Aug 21st, 2008 | By Jennifer Yousfi | Category: Financial News

Monsanto Co. (MON), the world’s largest seed producer, is selling off its rights to a synthetic milk-producing hormone in order to focus its attention more closely on its core business of developing genetically modified seeds and pesticides. U.S. pharmaceutical company Eli Lilly & Co. (LLY) will pay Monsanto $300 million for Posilac, the brand name for recombinant bovine somatotropin or rBST. The deal includes the global sale rights and a Georgia-based manufacturing plant.



Global Investing Roundups Wednesday, June 25th, 2008

Jun 25th, 2008 | By William Patalon III | Category: International Investing

Kodak Announces $1 Billion Buyback; Kroger Lowers Prices, Posts Profit; BP Breaks Ground on Wind Farm; Reliance and Dreamworks in Talks; Lukoil Joins Up With Italy’s ERG; Wachovia Brings in Goldman Sachs; Dow Hikes Prices; Yahoo and Microsoft Back in Talks