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Chicago Board of Trade › (CBOT:C.N12)


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Today's Financial News

Monsanto reports 4th-quarter loss, misses expectations

7 hours ago

ST LOUIS (AP) _ Monsanto Co. (MON) on Wednesday reported a loss of $495 million in its fiscal fourth quarter. The St. Louis-based company said it had a loss of $1.06 per share. Losses, adjusted for one-time gains and costs, were 19 cents per share. The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

Saudi billionaire Prince Alwaleed and his investment firm double ownership of Twitter stock

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RIYADH, Saudi Arabia (AP) — Saudi billionaire Prince Alwaleed bin Talal and his investment company have doubled their ownership of Twitter's publicly traded shares in the past six weeks. The prince and KHC, which he chairs, originally invested $300 million in Twitter in 2011 before the micro-blogging site went public two years later.

Vietnam manufacturing set to be Pacific trade pact's big winner; Malaysia, Japan also benefit

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HONG KONG (AP) — An ambitious Pacific Rim trade deal anchored by the U.S. promises to boost the economies of its 12 participating countries by opening their markets to one another, but not all the gains will be spread evenly. Experts say Japanese car and auto parts makers and Malaysia's electronics and semiconductor industry will also benefit from the trade deal, which was agreed on Monday after more than five years of negotiations.

Constellation Brands posts second-quarter profit of $302.4 million

7 hours ago

VICTOR, N.Y. (AP) _ Constellation Brands Inc. (STZ.B) on Wednesday reported fiscal second-quarter profit of $302.4 million. On a per-share basis, the Victor, New York-based company said it had net income of $1.49. Earnings, adjusted for non-recurring costs, came to $1.56 per share. The wine, liquor and beer company posted revenue of $1.73 billion in the period.

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