Monsanto beats with third-quarter profit, says still wants Syngenta

Monsanto, known for its genetically engineered corn, soybeans and other crops as well as its popular Roundup herbicide, said for the quarter it made $1.14 billion, or $2.39 a share, up from $858 million, or $1.62 a share, a year earlier. Analysts, on average, were expecting $2.07 a share, according to a survey by Thomson Reuters I/B/E/S. The quarterly results got a boost from a $300 million commercial licensing and technology deal with Scotts Miracle-Gro (SMG.N) that among other things expanded Scotts marketing rights to Monsanto's Roundup.

Monsanto beats with third-quarter profit, says still wants Syngenta source: http://finance.yahoo.com/news/monsanto-beats-third-quarter-profit-125821784.html