Monsanto (MON), the Agribusiness giant boosts its fiscal 2008 per-share earnings estimate by 20¢ a share to $2.70 to $2.80 a share. Wall Street expects $2.81. Hike comes on a "revival" in its Round-Up business and strong early-season corn orders.
This looks like a hot sector with Potash (POT), Monsanto and Mosaic (MOS) as the leaders.
Monsanto stock is up 2.65 to $116.70 in premarket trading.
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