125.00 +0.38 (0.30%)
Pre-market: 7:12AM EDT
Previous close | 124.74 |
Open | 125.00 |
Bid | 124.00 x 100 |
Ask | 125.10 x 1000 |
Day's range | 124.35 - 125.00 |
52-week range | 114.19 - 126.80 |
Volume | 2,678,337 |
Avg. volume | 3,888,204 |
Market cap | 55.019B |
Beta | 0.92 |
PE ratio (TTM) | 22.34 |
EPS (TTM) | 5.58 |
Earnings date | 26 Jun 2018 - 2 Jul 2018 |
Forward dividend & yield | 2.16 (1.72%) |
Ex-dividend date | 2018-04-05 |
1y target est | 126.40 |
W.R. Grace (GRA) reported revenues of $431.5 million for 1Q18 today, reflecting growth of 8.4% from 1Q17. The company beat Wall Street analysts’ estimates of $419.76 million. Revenue growth was driven by a 14.2% increase in Specialty Catalysts sales. GRA’s Materials Technologies grew 11.0% while the Catalysts Technologies’ segments grew 7.5%.
Monsanto Co (MON.N) is launching the first product that deactivates a controversial weed killer inside spraying equipment after it is used, the company said on Tuesday, its latest attempt to prevent unintended crop damage associated with the herbicide. The product aims to stop farmers from accidentally applying traces of the herbicide, known as dicamba, on crops that can not tolerate it when the chemical's residue remains in spraying equipment.
Monsanto Co is launching the first product that deactivates a controversial weed killer inside spraying equipment after it is used, the company said on Tuesday, its latest attempt to prevent unintended crop damage associated with the herbicide. The product aims to stop farmers from accidentally applying traces of the herbicide, known as dicamba, on crops that can not tolerate it when the chemical's residue remains in spraying equipment. Growers across the U.S. farm belt said last summer that dicamba herbicides, which are also sold by BASF SE and DowDuPont Inc, vaporized and drifted away from where they were sprayed on soybeans and cotton that Monsanto engineered to resist the chemical.
Monsanto Co is launching the first product that deactivates a controversial weed killer inside spraying equipment after it is used, the company said on Tuesday, its latest attempt to prevent unintended crop damage associated with the herbicide. The product aims to stop farmers from accidentally applying traces of the herbicide, known as dicamba, on crops that can not tolerate it when the chemical's residue remains in spraying equipment. Growers across the U.S. farm belt said last summer that dicamba herbicides, which are also sold by BASF SE and DowDuPont Inc, vaporized and drifted away from where they were sprayed on soybeans and cotton that Monsanto engineered to resist the chemical.
For 1Q18, PPG Industries (PPG) reported revenue of $3.78 billion, an increase of 6.2% on a YoY (year-over-year) basis. On a continuing operation basis, PPG’s revenue grew 8.6%. In 1Q17, PPG Industries reported revenue of $3.48 billion on a continuing operation basis. Since 2013, PPG’s revenue has grown at a CAGR (compound annual growth rate) of 2.6%.
PPG Industries’ (PPG) Industrial Coatings segment is its second reporting segment. It represented 42.8% of the company’s total revenue in 1Q18, compared to 42.1% in 1Q17. The Industrial Coatings segment reported revenue of $1.62 billion in 1Q18, compared to $1.47 billion in 1Q17—an increase of 10.2% on a YoY (year-over-year) basis. The general industrial and specialty coatings business saw volume growth, while packaging coatings continued to grow as a result of the continued adoption of new technology.
Sherwin Williams (SHW) is expected to post adjusted EPS (earnings per share) of $3.17 in 1Q18, an increase of ~39.7% YoY (year-over-year). SHW’s projected increase in adjusted EPS could be driven by higher revenue growth, the continued synergy impact from the Valspar acquisition, and a reduction in effective tax rates. In 1Q17, SHW reported SG&A expenses at 36.8% of the revenues, which implies a gain of 440 basis points on a year-over-year basis.
Sherwin-Williams is expected to report revenue of $4.0 billion in 1Q18, a 43.1% increase from 1Q17’s $2.8 billion. If SHW manages to meet expectations, it will achieve its highest first-quarter revenue ever and have a first-quarter CAGR (compound annual growth rate) of 12.8% since 2013. SHW’s projected revenue growth will be primarily driven by the acquisition revenue.
Data Collective has set up a new fund focused on biotechnology, according to a regulatory filing. The firm has brought on Kiersten Stead and John Hamer as general partners for the fund called DCVC Bio LP.
Bayer (BAYRY) will divest its 3.6% stake to Singapore's state investment company Temasek for total gross proceeds of ???3 billion.
The U.S. Department of Justice is poised to give Bayer the go-ahead for its multibillion-dollar takeover of Monsanto, nearly two years after the company made its first approach in May 2016. Dow Jones explains....
Today, the investment company Temasek signed an agreement to subscribe to 31 million new shares of Bayer, corresponding to 3.6 percent of the capital stock, for total gross proceeds of 3 billion euros. With the consent of the Supervisory Board, the Board of Management of Bayer AG resolved to execute the capital increase out of authorized capital against cash contributions and excluding the subscription rights of existing Bayer shareholders.
A court ruled on Wednesday that Monsanto (MON.N) cannot claim patents on its genetically modified (GM) cotton seeds in India, the Indian company that brought the case said. Citing an Indian law that excludes seeds from being patented, Nuziveedu Seeds Ltd (NSL) argued that the U.S. seeds company was not eligible to claim patents and charge royalties from Indian seed companies.
A court ruled on Wednesday that Monsanto (MON.N) cannot claim patents on its genetically modified (GM) cotton seeds in India, the Indian company that brought the case said. Citing an Indian law that excludes seeds from being patented, Nuziveedu Seeds Ltd (NSL) argued that the U.S. seeds company was not eligible to claim patents and charge royalties from Indian seed companies.
Monsanto Co., the world’s largest seed company, can’t own a patent over genetically modified cotton seeds in India, a court ruled on Wednesday.
Germany's Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto. Bayer, which had previously only agreed to grant a licence to competitors, said on Wednesday that as part of the changes agreed with the European Commission it would retain a licence to certain digital farming applications. Digital farming, which combines sensors, software and precision machines, is still in its infancy but all the large players in the seeds and pesticides industry are developing digital offerings.
FDA puts restriction on the sale of Bayer's (BAYRY) implanted birth control device Essure.
Bayer AG is close to winning U.S. antitrust approval to buy Monsanto Co., according to a person familiar with the matter, a move that would lift the last major hurdle to completing a $66 billion deal that ...
Among the companies with shares expected to trade actively in Tuesday's session are Facebook, Amazon.com, Apple, Exxon Mobil, Boeing and Nvidia.
In Bayer-Monsanto Deal Receives European Union Approval, we discussed some of the concerns that delayed the approval of the Bayer-Monsanto (MON) merger by antitrust officials in various jurisdictions (XLB). Large overlaps in the business have been a concern for antitrust regulators. Bayer and Monsanto are complementary businesses with minimal overlap.
Monsanto (MON) stock surged on April 9, 2018, following news that the U.S. Department of Justice approved the merger with Bayer. The deal is one of the largest mergers in the agribusiness sector (MOO).
RPM International’s (RPM) Specialty segment comprises the smallest share of RPM’s overall revenue. This segment had a revenue share of 15.4% in fiscal 3Q18, compared with 15.6% in fiscal 3Q17. The segment’s revenue rose 6.5% YoY (year-over-year) to $170.1 million in fiscal 3Q18 from $159.7 million in fiscal 3Q17.
Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.
Bayer (BAYGn.DE) shares jumped nearly 5 percent on Tuesday following a media report that the U.S. Justice Department will allow the German drugs and pesticides group to acquire Monsanto (MON.N) in a $62.5 billion (44.14 billion pounds) deal. The Justice Department reached an agreement in principle with Bayer and Monsanto in recent days after the companies agreed to sell more assets, the Wall Street Journal said late on Monday, citing people familiar with the matter. Under the deal, Bayer agreed to sell additional seed and treatment assets to BASF (BASFn.DE) and agreed to make concessions related to digital agriculture, it said.
Monsanto (MON) was a big mover last session, as the company saw its shares rise more than 6% on the day amid huge volumes.