|Bid||92.63 x 100|
|Ask||92.70 x 200|
|Day's Range||92.44 - 92.76|
|52 Week Range||78.91 - 93.61|
|PE Ratio (TTM)||41.08|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
The global agricultural chemical business is in the midst of a major consolidation, and Syngenta has a front row seat. CEO Erik Fyrwald joins us to discuss.
Nov.21 -- Erik Fyrwald, chief executive officer at Syngenta, discusses the advantages of his company's straight acquisition by a Chinese firm and the strength of their seed business. He speaks on "Bloomberg Markets: European Close."
Syngenta said a court in Basel has cancelled all publicly-held registered shares in the Swiss agro-chemicals company following its $43 billion takeover by ChemChina. Following the delisting of the Syngenta shares from the SIX Swiss Exchange, holders of cancelled shares will be paid a cash compensation in the amount of $465 for each cancelled share, Syngenta said on Monday. The Swiss exchange had already approved the delisting of the Syngenta shares from SIX Swiss Exchange on Oct. 26.
The effective tax rates of PotashCorp (POT), Agrium (AGU), and Syngenta (SYT), which have their tax bases outside the US, were below the current 35% in the US.
Fitch Ratings on Wednesday became the second major ratings agency to put Syngenta AG on notice for a potential downgrade, over uncertainties surrounding the Swiss-based company's genetically modified corn lawsuit liabilities. Fitch said it has put the world's largest crop chemical company on "rating watch negative," flagging concerns about how Syngenta will pay to settle the lawsuits and whether the Chinese government will support litigation liabilities. "While the amount of the settlement is currently unknown, it may threaten the pace of the company's future deleveraging absent a financial intervention by ChemChina," Fitch said in a statement.
The high-end tyremaker Pirelli had a difficult comeback to the stock market on Wednesday, but its chief executive officer told CNBC that it's too early to assess the market reaction.
Syngenta AG moved closer to putting a troubled biotech corn seed launch behind it with a $1.5 billion settlement with farmers this week, but grain traders who filed two remaining lawsuits may be less ready to compromise, legal experts said. The company was sued three years ago by the farmers and traders who said they suffered financial losses over its decision to commercialize a genetically modified (GMO) corn strain known as Agrisure Viptera before China approved it for import. Its settlement this week with farmers cost it more than half its annual profits and came after it lost a case in Kansas and had to pay $217.7 million in damages to over 7,000 farmers.
Earlier in this series, we saw that analysts expect Monsanto’s (MON) gross income to grow slower than its sales over the next four quarters. In this part, we’ll look at what…
Syngenta AG said on Tuesday it agreed to settle U.S. farmer lawsuits stemming from its decision to commercialize a genetically modified (GMO) strain of corn before China approved importing it, and a person familiar with the matter said the payment would be close to $1.5 billion. The settlement does not apply to lawsuits filed by U.S. grain handlers Archer Daniels Midland Co and Cargill Inc against the Swiss seed maker, spokespeople for the three companies said.
MINNEAPOLIS (AP) — Swiss agribusiness giant Syngenta said Tuesday it has agreed to settle tens of thousands of U.S. lawsuits by farmers over the company's rollout of a genetically engineered corn seed variety before China approved it for imports.
Syngenta AG said it would settle thousands of lawsuits from U.S. farmers who alleged the Swiss agricultural giant’s launch of genetically engineered corn seeds cost them money.
MINNEAPOLIS (AP) — Syngenta settles tens of thousands of lawsuits over rollout of genetically modified corn seed.
Syngenta AG agreed to pay more than $1.4 billion to U.S. farmers who complained that the marketing of the company’s genetically modified corn seeds shut them out of the Chinese market, according to people ...
A test lawsuit goes to trial in Minneapolis Monday against Swiss agribusiness giant Syngenta for introducing a genetically-engineered corn variety before China approved it for imports. The case alleges ...
Syngenta plans to issue multi-tranche, benchmark-sized notes with maturities up to 30 years to refinance bridge loans used by ChemChina for its $43 billion takeover of the Swiss chemical maker, Syngenta ...