Monsanto Company (NYSE: MON) issued its first quarter 2018 earnings on Thursday. The world’s largest seed company posted a 17.1% decline in sales in of corn seeds and traits, due to lower volumes in the US and Brazil. Soybean seed and traits sales increased 21.3% during the period. Total seed and genomic sales decreased 4.2% year over year to $1.77 billion, and total sales remained relatively unchanged, increasing just 0.3% to $2.66 billion.
Marine Harvest, the world’s largest producer of Atlantic salmon, announced yesterday that it had entered a share purchase agreement to acquire Northern Harvest, a leading Canadian salmon farmer.
Conagra Brands (NYSE: CAG) issued results today for its second quarter ended November 26th, 2017.
After posting a decline of 3% in company-owned, same-store sales in the 52 weeks ended October 1, 2017, and a system-wide decrease of 1.4% in same-store sales, Jack in the Box (NASDAQ: JACK) has agreed to sell its Qdoba Restaurant Corporation subsidiary to Apollo Global Management (NYSE: APO) for $305 million in cash.
On Monday, Campbell Soup Company (NYSE: CPB) confirmed recent speculation by acquiring Snyder’s-Lance (NASDAQ: LNCE) for $50 per share in cash, representing a 27% premium to Snyder’s-Lance’s closing price on December 13th and an enterprise value of approximately $6.1 billion.
Calavo Growers (NASDAQ: CVGW) reported fourth quarter and fiscal-year earnings for the periods ended October 31, 2017.