Monsanto reported a decline in profits for the second quarter of fiscal 2010 on Wednesday and warned that it was unlikely that it would meet its longer-term profit forecasts.
A new state-of-the-art packaging facility in Hainan island, off the coast of southern China, will lead the expansion of US company Shiner International in the country, according to its presentation at a business conference in New York.
H.J. Heinz strategy to raise prices and cut costs has paid off in
profit margins increasing to 15.5 per cent in the second quarter of
2006, two percentage points higher than the comparable period last
year.