|Bid||0.00 x 139300|
|Ask||0.00 x 16500|
|Day's Range||96.68 - 98.80|
|52 Week Range||78.97 - 98.80|
|PE Ratio (TTM)||17.20|
|Forward Dividend & Yield||3.32 (3.66%)|
|1y Target Est||N/A|
In a blow to manufacturers Monsanto Co (MON.N) and BASF SE (BASFn.DE), Arkansas state lawmakers voted on Friday to bar sprayings of a controversial weed killer after mid-April to protect farmers from potential crop damage. Arkansas will prohibit the use of herbicides based on a chemical known as dicamba from April 16 to Oct. 31, the strictest state limits imposed on the product after it was linked to millions of acres of U.S. crop damage last year.
In a blow to manufacturers Monsanto Co and BASF SE, Arkansas state lawmakers voted on Friday to bar sprayings of a controversial weed killer after mid-April to protect farmers from potential crop damage. Arkansas will prohibit the use of herbicides based on a chemical known as dicamba from April 16 to Oct. 31, the strictest state limits imposed on the product after it was linked to millions of acres of U.S. crop damage last year.
BASF SE is prepared to dig deep, pouring money and expertise into developing materials for electric-vehicle batteries to catch up with rivals like Tesla Inc. supplier Sumitomo Metals & Mining Co.
BASF (BASFn.DE) said operating earnings jumped 32 percent last year, boosted by gains at its oil and gas as well as its crop protection units, the German chemicals maker said on Thursday, in an unscheduled release of unaudited figures. "The BASF Group's key earnings figures for the 2017 business year significantly exceed analyst estimates," the company said on Thursday, adding that strong demand for its basic chemicals was offsetting the effect of higher input costs at its specialty products. Earnings before interest and tax (EBIT) for 2017, adjusted for one-offs, were up 32 percent at 8.3 billion euros (7.33 billion pounds), beating the average analyst estimate of 7.9 billion euros, according to a consensus posted on BASF's website.
** A subsidiary of Canada's Brookfield Asset Management Inc plans to acquire Westinghouse Electric Co LLC, the bankrupt nuclear services company owned by Toshiba Corp , for $4.6 billion. ** Germany's Continental and Bosch, the world's largest automotive suppliers, have each bought a 5 percent stake in digital mapping firm HERE, as the industry pools resources with major carmakers to develop self-driving cars. ** Israel's Delek Automotive Systems is in advanced talks to buy control of environmental and infrastructure firm Veridis from investment manager Oaktree Capital Management for 1.05 billion shekels ($305 million).
FRANKFURT (Reuters) - Talks over a final agreement to merge BASF's (BASFn.DE) oil and gas unit Wintershall with DEA, a vehicle of Russian billionaire Mikhail Fridman, are still ongoing, DEA said in a statement ...
Arkansas agricultural regulators stuck with a proposal on Wednesday to prohibit sprayings of a controversial weed killer after mid-April, despite a lawsuit over the plan by manufacturer Monsanto Co. The state's plant board decided to move forward with a ban on the use of dicamba-based herbicides from April 16 to Oct. 31, after state lawmakers recommended last month that the panel review its recommendation. The ban threatens to hurt demand for the products made by Monsanto and rival BASF SE because the chemicals are designed to be sprayed on dicamba-resistant crops during the summer growing season.
Rating Action: Moody's assigns definitive ratings of Baa3/ Aaa.br to the first series of the 24th issuance of Gaia Agro Securitizadora S.A.' s agribusiness certificate. Global Credit Research- 21 Dec 2017. ...
BASF (BASFn.DE), one of the world's largest chemical groups, will replace Chief Executive Kurt Bock with his deputy Martin Brudermueller in May as it prepares to carve out its oil and gas division and spends billions of euros on farm seed assets. Bock is set to become supervisory board chairman in 2020 after a two-year cooling-off period, the German chemicals maker said in a statement on Thursday. "The change next year is part of the long-term succession planning for the Supervisory Board and the Board of Executive Directors of BASF," said Juergen Hambrecht, the group's current chairman.
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for BASF SE. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)
Minnesota became the latest U.S. state on Tuesday to restrict controversial weed killers made by Monsanto Co and BASF SE that were linked to widespread crop damage, while Arkansas took a step back from imposing new limits. The United States has faced an agricultural crisis this year caused by new versions of the herbicides, which are based on a chemical known as dicamba. Farmers and weed experts say the products harm crops that cannot resist dicamba because the herbicides evaporate and drift away from where they are applied, a process known as volatilization.
Monsanto Co (MON.N) will give cash back to U.S. farmers who buy a weed killer that has been linked to widespread crop damage, offering an incentive to apply its product even as regulators in several U.S. states weigh restrictions on its use. The incentive to use XtendiMax with VaporGrip, a herbicide based on a chemical known as dicamba, could refund farmers over half the sticker price of the product in 2018 if they spray it on soybeans Monsanto engineered to resist the weed killer, according to company data. The United States faced an agricultural crisis this year caused by new formulations of dicamba-based herbicides, which farmers and weed experts say harmed crops because they evaporated and drifted away from where they were sprayed.
FRANKFURT/LONDON (Reuters) - Chemical giant BASF (BASFn.DE) agreed to merge its oil and gas unit Wintershall with DEA, a vehicle of Russian billionaire Mikhail Fridman, to create one of the largest independent oil and gas firms in Europe, the companies said. Fridman and his partners in the LetterOne investment vehicle made billions by selling their Russian oil empire in 2013 but have since struggled to expand in the United States and Britain due to sanctions imposed on Moscow despite not being under sanctions themselves. By folding DEA into Wintershall and creating Germany's first oil champion, cash-rich Fridman could create new opportunities for growth in large Western markets.
Rating Action: Moody's assigns provisional ratings of Baa3/ Aaa.br to the first series of the 24th issuance of Gaia Agro Securitizadora S.A.' s agribusiness certificate. Global Credit Research- 06 Dec ...
BASF SE said it’s in talks to combine its oil-and-gas unit with the energy company controlled by Russian billionaire Mikhail Fridman, setting the stage for one of the largest deals in the sector for some ...
Missouri will limit the use of a weed killer made by BASF SE after farmers complained the chemical drifted and harmed their crops, following a move by Arkansas to prohibit sprayings next year of the herbicide and rival products. Missouri on Thursday banned sprayings of BASF's Engenia herbicide, which is based on a chemical known as dicamba, in 10 counties that had high numbers of complaints about crop damage, starting on June 1, 2018.
A weed killer blamed for damaging millions of acres of U.S. crops this summer did not reduce yields for most of the soybeans checked by BASF SE , which makes a version of the herbicide, the company said on Friday. BASF, the world's third-largest maker of crop chemicals, investigated 787 complaints involving soybeans that showed signs of damage linked to sprayings of the herbicide that contains a chemical known as dicamba, according to the company.
An Arkansas regulatory body voted on Wednesday to bar the use of a weed killer critical to Monsanto Co's seed sales for a second consecutive summer, ratcheting up a standoff after the company sued the state to prevent restrictions on the product. The Arkansas State Plant Board plans to prohibit sprayings of products containing a chemical known as dicamba between April 16 and Oct. 31, 2018, after an estimated 3.6 million acres of U.S. crops suffered damage linked to the herbicides this year. The United States has faced a weed-killer crisis this year caused by new versions of herbicides with dicamba, which farmers and weed experts say harm crops because they evaporate and drift away from where they are applied.
The European Commission is proposing to extend EU internal energy market rules to cover offshore gas pipelines, an EU document shows, its latest attempt to regulate Russia's planned Nord Stream 2 pipeline to Germany. The EU executive sees Russia's plan to double the gas it could pump under the Baltic Sea to Germany, bypassing traditional routes via Ukraine, as undercutting EU efforts to reduce dependence on Moscow and its support for Kiev. The move dovetails with the Commission's proposal for a mandate from member states to negotiate with Russia over objections to the pipeline.
Bayer said it expected antitrust authorities to make the planned acquisition of Monsanto conditional on more asset sales after agreeing to sell seed and herbicide businesses for 5.9 billion euro ($7 billion) to BASF. "By no means did the deal that was signed with BASF constitute the totality of antitrust divestitures ... The agencies will render their verdict on what the necessary remedies are. It's probably a first step and somewhat more is to come," Chief Executive Werner Baumann told an analyst call on Thursday after the release of third-quarter results.
Germany’s BASF reported a sharp rise in third-quarter net profit, due in part to the strong performance of its chemicals division, which benefited from increased sales volumes and significantly higher ...