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Closing Glance: Agricultural chemicals mixed



By AP
25 June 2008 @ 04:09 pm EST

NEW YORK - Shares of agricultural chemical companies traded mixed on Wednesday after the Federal Reserve left interest rates unchanged.

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Quotes
MON 79.06 -9.62
DD 32.2 -3.99
DOW 22.31 -3.65
POT 76.85 -21.15

SYMBOL LOOKUP

In the sector, Monsanto Co. posted a higher fiscal third-quarter profit on strong demand for Roundup herbicide.

Monsanto also raised its full-year earnings forecast, but Goldman Sachs analyst Robert Koort said investors may have been hoping for a more "robust" revision.

How shares of major agricultural chemical companies fared Wednesday:

DuPont Co. rose 15 cents to $44.11.

Dow Chemical Co. added 19 cents to $36.77.

Potash Corp. of Saskatchewan lost $5.77, or 2.5 percent, to $221.58.

Monsanto Co. declined $4.27, or 3.2 percent, to $131.52.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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