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May 21, 2014
07:28 EDTSMG, COT, SAFM, TSN, DAR, HAIN, SFM, IBA, IPI, MON, UNFI, RNF, FMC, DFBMO Capital to hold a conference
2014 Farm to Market Conference to be held in New York on May 21-22 with webcasted company presentations to begin on May 21 at 8 am; not all company presentations may be webcasted. Webcast Link
News For IPI;TSN;FMC;IBA;SAFM;RNF;SFM;COT;UNFI;HAIN;SMG;MON;DAR;DF From The Last 14 Days
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March 23, 2015
13:39 EDTMONMonsanto addresses assessment on glyphosate by IARC
Monsanto Company further addressed last week’s assessment on glyphosate by the International Agency for Research on Cancer. “We are outraged with this assessment,” said Dr. Robb Fraley, Monsanto’s Chief Technology Officer. “This conclusion is inconsistent with the decades of ongoing comprehensive safety reviews by the leading regulatory authorities around the world that have concluded that all labeled uses of glyphosate are safe for human health. This result was reached by selective ‘cherry picking’ of data and is a clear example of agenda-driven bias.” The repeated safety assessments by regulatory authorities over the last three decades have formed the foundation for the long history of safe, highly effective use of this important agricultural tool in more than 160 countries around the world. Decisions regarding product safety and approvals for pesticides are governed by regulatory agencies such as the U.S. Environmental Protection Agency and the European Commission, as well as independent scientific advisory bodies such as the European Food Safety Authority. IARC has no regulatory authority and its decision does not impact glyphosate’s label, current registration or use. “Safety is the top priority for every person who works at Monsanto. Glyphosate-based herbicides on the market meet the rigorous standards set by the regulatory and health authorities who work every day to protect human health, and we want our customers and consumers to be assured of these evaluations,” Fraley added. In contrast to the comprehensive review that regulators around the world have completed over three decades, IARC issued its classification based on a limited data review after hours of discussion at a one-week meeting. Further, IARC is one of four programs within the WHO that have reviewed the safety of glyphosate and their classification is inconsistent with the assessments of the other programs. Two of the WHO programs – the Core Assessment Group and the International Programme on Chemical Safety – both concluded glyphosate is not carcinogenic. The WHO Guidelines for Drinking-Water Quality program concluded glyphosate does not represent a hazard to human health.
12:17 EDTMONOn The Fly: Midday Wrap
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11:21 EDTMONOrigin Agritech shares spike higher after report of possible takeover interest
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11:07 EDTMONMonsanto weakness on Glyphosate WHO claims overblown, says Piper Jaffray
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09:46 EDTMON, SMGScotts Miracle-Gro slips after report on Monsanto herbicide
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March 22, 2015
16:22 EDTMONChina looks to develop seed program to fend off foreign competition, WSJ says
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14:59 EDTHAINPinnacle Foods enters bidding for meatless food company Quorn, Telegraph says
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14:27 EDTMONWHO says herbicide marketed by Monsanto likely carcinogenic, WSJ says
A World Health Organization agency said Friday that Glyphosate, a herbicide marketed by Monsanto under the Roundup brand and other companies, has the potential to cause cancer in humans, says the Wall Street Journal. Monsanto contested the findings saying that glyphosate is safe if used as recommended by its label and that decades of extensive study have proven its safety, added the Wall Street Journal. Reference Link
March 20, 2015
10:00 EDTSFMOn The Fly: Analyst Initiation Summary
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07:58 EDTSFMSprouts Farmers Markets initiated with a Neutral at Sterne Agee
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March 19, 2015
07:17 EDTSFMStephens to hold a conference
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March 18, 2015
14:37 EDTMONMonsanto and midwest, southeast wheat farmers reach settlement agreement
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12:43 EDTUNFIUnited Natural Foods management to meet with Piper Jaffray
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March 17, 2015
07:17 EDTRNFRentech Nitrogen sees Q1 ammonia delivires 32,000 tons
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07:14 EDTRNFRentech Nitrogen sees FY15 340,000 tons ammonia production at East Dubuque
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07:06 EDTRNFRentech Nitrogen reports Q4 EPS with items 20c, consensus 13c
Reports Q4 revenue $80.56M, consensus $64.77M. Reports EPS 6c excluding loss allocated to unvested units and the Agrifos settlement.
March 16, 2015
16:25 EDTTSNTyson Foods backs FY15 EPS $3.30-$3.40, consensus $3.43
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11:58 EDTMONDuPont retreats after Bank of America two notch downgrade to sell
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07:16 EDTTSNConsumer Analyst Group of Europe to hold a conference
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March 13, 2015
16:42 EDTSAFM, TSNStocks end week lower amid euro slide, Fed rate hike worries
Stocks finished the week lower as worries about the impact of the euro's fall against the dollar, along with continued anticipation of an upcoming rate hike by the Fed and concerns about deflation, weighed on shares. MACRO NEWS: The euro's slide against the dollar continued, causing investors to worry that the trend could have a significant negative impact on the results of U.S. based, multinational companies... Anticipation of an impending interest rate hike continued to impact the market. On Tuesday, outgoing Dallas Fed President Richard Fisher said the central bank should begin to gradually raise rates before the economy reaches full employment to avoid triggering a recession. On Thursday, stocks rose as investors speculated that weak February retail sales data could cause the central bank to delay raising interest rates... An unexpected decline in the producer price index, which was reported on Friday, may have rekindled fears about deflation taking hold in the U.S., weighing on stocks... In China, the government said that industrial production rose less than expected in the first two months of the year. China's exports were reported to surge 15% in the first two months of the year versus the same period a year earlier, but data also indicated that China's imports sank 20% in the first two months of 2015. COMPANY NEWS: Apple (AAPL) provided additional information about its upcoming Apple Watch at a product launch event. Apple Watch will be available on Friday, April 24 to customers in nine countries, including the U.S., with pre-orders beginning April 10. The lowest priced Apple Watch, the 38 mm Apple Watch Sport, will be priced at $349, while the 18-karat gold Apple Watch Edition will be priced starting at $10,000... Embattled floor retailer Lumber Liquidators (LL) updated investors on the impact of a recent critical report from 60 Minutes. In the nine days following the report, same-store sales fell 12.7% versus the same period a year earlier, it reported. The company added that it was not able to provide full-year guidance until it has more time to gauge the impact of consumers' reaction to the report... GM (GM) settled a potential proxy battle with an investment group led by Harry Wilson by agreeing to return more cash to shareholders... Alcoa (AA) agreed to buy RTI International Metals (RTI), which supplies specialty metals and services for several sectors, including aerospace and defense... Credit Suisse (CS) appointed Tidjane Thiam, who is currently Group Chief Executive of Prudential (PUK), as its new CEO... The shares of several chicken producers fell after a possible case of bird flu was identified in Arkansas. Among the chicken producers that declined were Tyson (TSN), which is based in Arkansas, Pilgrim's Pride (PPC), Sanderson Farms (SAFM), and Hormel (HRL)... GNC Holdings (GNC) sank after New York's Attorney General announced that he and three of his colleagues would further investigate the business practices of the herbal supplement industry. INDEXES: For the week, the Dow was down 0.57% to 17,749.31, the Nasdaq fell 1.12% to 4,871.76, and the S&P 500 dropped 0.87% to 2,053.40.
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