NEW YORK, July 1, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting Monsanto Company (NYSE: MON), Potash Corporation of Saskatchewan Inc. (NYSE: POT), Celanese Corporation (NYSE: CE), American Vanguard Corporation (NYSE: AVD), and Syngenta AG (NYSE: SYT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Monsanto Company Research Report
On June 26, 2013, Monsanto Company (Monsanto) announced its results for Q3 FY 2013 (period ended May 31, 2013). Net sales increased 0.7% YoY to $4.2 billion. According to the Company, this result reflected the decreased year-over-year contribution from the Brazil soybean business, a decrease in overall planted cotton acres, and continued effect of higher production costs from the 2012 drought. Net income attributable to Monsanto Company was $909 million or $1.68 per diluted share, compared to net income of $937 million or $1.74 in Q3 FY 2012. The Company also reaffirmed its 2013 EPS guidance in the range of $4.50 to $4.55 on an ongoing basis and EPS guidance in the range of $4.54 to $4.59 on an as-reported basis. Further, Monsanto expects mid-teens ongoing earnings growth for FY 2014. The Full Research Report on Monsanto Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/4818_MON]
Potash Corporation of Saskatchewan Inc. Research Report
On June 24, 2013, Canpotex Limited (Canpotex), an exclusive offshore marketing company jointly owned by Potash Corporation of Saskatchewan Inc., Agrium Inc., and Mosaic Canada Crop Nutrition, LP, announced the completion of construction and start of operation of its Railcar Maintenance Facility in Saskatchewan. According to Canpotex, it invested (Canadian Dollar) CDN$60 million in the new facility to ensure that its railcars are efficiently maintained for the safe and timely transportation of its Saskatchewan potash to export terminals for shipment onwards to offshore markets. Canpotex stated that this facility provides all-weather inspection and light repair, automated railcar wash and wheel maintenance services for its 5,000 railcars. Steve Dechka, President and Chief Executive Officer of Canpotex, said, "With the addition of a Railcar Maintenance Facility here in Saskatchewan, we are able to stimulate capital investment, construction and long-term job opportunities here at home, while ensuring Canpotex continues to meet the growing demand for potash overseas, and drive our reputation for quality, service and reliability."The Full Research Report on Potash Corporation of Saskatchewan Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/9749_POT]
Celanese Corporation Research Report
On June 25, 2013, Nutrinova, the food ingredients business of Celanese Corporation (Celanese), introduced Qorus, its new sweetener system. According to the Company, Qorus is setting out to transform the industry by enabling brands to deliver not only great tasting reduced calorie labels but also authentic taste. Nutrinova stated that the first products in the Qorus portfolio target the beverage industry as well as the flavored milk and yogurt sector of the dairy industry. The product will be introduced at the Institute of Food Technologists (IFT) Annual Meeting and Food Expo, to be held from July 13, 2013 to July 16, 2013 in Chicago. The Full Research Report on Celanese Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/316a_CE]
American Vanguard Corporation Research Report
On June 24, 2013, American Vanguard Corporation (American Vanguard) announced that it expects the recent wet weather in the Midwest and Southeast United States to affect its Q2 2013 financial performance. According to American Vanguard, it anticipates that Q2 2013 results will not meet the consensus revenue or earnings expectations published by research analysts covering the Company. American Vanguard said that while net sales for Q2 2013 are likely to exceed those of Q2 2012, it is too early to quantify the impact on net earnings for the period. The Company also stated that quarterly sales of its post-emergent herbicide 'Impact,' while being considerably higher than Q2 2012 figure, will remain below its forecasted levels. American Vanguard expects to see demand for Impact to shift from Q2 2013 to Q3 2013, when weeds become more evident and the product is in use. In addition, the Company also projects that Q2 2013 sales of Bidrin insecticide and Folex harvest defoliant will be below forecasted levels. The Full Research Report on American Vanguard Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/b803_AVD]
Syngenta AG Research Report
On June 19, 2013, Syngenta AG (Syngenta) reported that in a ceremony presided over by U.S. Secretary of State, John Kerry, Syngenta scientist Mary-Dell Chilton, Ph.D., was named a laureate of the prestigious 2013 World Food Prize. Dr. Chilton and two other laureates were recognized for "revolutionary biotechnology discoveries that unlocked the key to plant cell transformation." According to the Company, Dr. Chilton's molecular research showed how a plant bacterium could be adapted as a tool to insert genes from another organism into plant cells, which could produce crop varieties with new innovative traits. As the result of Dr. Chilton's research, Syngenta has now become the first Company to commercialize a GM trait in corn. By 2012, Syngenta reported that transgenic crops were being grown on more than 170 million hectares by more than 17 million farmers. The Full Research Report on Syngenta AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/2f95_SYT]
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SOURCE Wall Street Reports
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