NASDAQ:MON - Nasdaq - US61531M1018 - Common Stock - Currency: USD
On Wednesday, shares of Monument Circle Acquisition Corp. (NASDAQ: MON) experienced volatile short activity. After the activity, the stock price went down 0% to $9.82. The overall sentiment for MON has been Bullish.
Bayer AG plans to cut 1.5 billion euros ($1.8 billion) of annual costs and may eliminate jobs and sell businesses after the coronavirus pandemic hit the agricultural market harder than expected.
Mentions: ELAN
Biologists hope that genetically engineered plants can save us from ourselves.
Bayer East Africa Ltd., a subsidiary of Bayer AG, is seeking regulatory approval for the commercial farming of genetically modified cotton in Kenya.
Bayer AG struck an $875 million deal to acquire British women’s health biotech Kandy Therapeutics Ltd. in a move to expand its pharmaceuticals division before the expiration of patents on existing medicines.
Bayer AG’s plan for handling future Roundup cancer claims hit a snag when the judge asked to oversee the yet-to-be filed lawsuits over the popular weedkiller expressed skepticism about the proposal’s legal validity.
At its best, Germany is the kind of well-managed place that steers clear of corporate drama, so the past week was a shock to the system. One-time financial tech darling Wirecard AG imploded after saying more than $2 billion on its balance sheet doesn’t exist, Bayer AG agreed to pay $12 billion to settle U.S. legal claims, and Deutsche Lufthansa AG narrowly escaped insolvency with a $10 billion rescue package.
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Bayer AG’s chief executive officer won a key confidence vote from shareholders, a show of support that eluded him last year and affirms his efforts to pull the company out of the Roundup crisis.
Bayer AG has earmarked 480 million euros ($522 million) to defend itself against allegations that its weed killer Roundup causes cancer.
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Bayer AG is blaming the spread of the coronavirus for slowing negotiations aimed at resolving lawsuits that claim its controversial Roundup weedkiller causes cancer and is asking consumers to settle for less, according to people familiar with the talks.The German company recently backed out of tentative agreements to resolve the claims, said the people who asked not to be identified because the talks are private.
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A former researcher at Monsanto Co. has been arrested after U.S. prosecutors accused him of stealing software the company had developed to help farmers optimize crop output and taking the technology to a new job in China.
A trade group representing pesticide firms urged Thailand’s Prime Minister Prayuth Chan-Ocha to delay a ban due Dec. 1 on three chemicals because of the potential disruption to the agriculture sector.
A trial in St. Louis over the alleged cancer links of Bayer AG’s glyphosate-based herbicide Roundup has been postponed until next year.
WPM – WPM leads the way today as the best performing large cap stock, closing up 6.25%.
Pesticide use in Brazil sparks concern among environmentalists.
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Elanco Animal Health Inc., the business Eli Lilly & Co. listed last year, is aiming to reach an agreement as soon as next week to combine with Bayer AG’s animal-health unit, people with knowledge of the matter said.
TSN – TSN leads the way today as the best performing large cap stock, closing up 5.10%.
Bayer AG won a ruling slashing a jury verdict to $25.3 million from $80.3 million in the second case to go to trial over claims that exposure to its Roundup weed killer causes cancer.
After getting pummeled with more than $2.2 billion in damages in the first three trials over its Roundup weed killer, Bayer AG needs to step it up on defense. Enter John Beisner.