• Monsanto (MON) Boosts Earnings Guidance

    This morning, St. Louis-based biotech firm Monsanto raised its ongoing earnings estimate for 2007 from a range between $1.75 to $1.80 per share to $2 per share. The company benefited from better-than-expected pricing on its Round Up herbicide product line. Including certain items, 2007 full-year earnings are expected to come in at $1.79 per share.