Ashland Inc., the biggest producer of specialty papermaking chemicals, rose the most in 17 months on speculation that a 7.4 percent stake acquired by activist investor Jana Partners LLC may lead to a breakup of the company.
The U.S. Supreme Court agreed to consider how patent rules apply to self-replicating technologies, accepting an appeal from a farmer seeking to circumvent Monsanto Co.’s planting restrictions on its genetically modified seeds.
Rockwood Holdings Inc., the world’s largest producer of lithium products, is considering the sale of a ceramic-materials unit generating $550 million in annual revenue, according to three people with knowledge of the matter.
Monsanto Co.’s claim that DuPont Co. owes $1 billion for infringing a patent on herbicide-tolerant crops and a counterclaim the patent was obtained through deception will go to a jury after lawyers present closing arguments today.
Rockwood Holdings Inc., the world’s largest producer of lithium products, agreed to acquire Talison Lithium Ltd. for about C$724 million ($728 million) to diversify its supply of the metal used in rechargeable batteries.
Monsanto Co., the world’s largest seed company, forecast fiscal 2013 earnings will rise as much as 17 percent as sales of the newest genetically engineered corn and soybean seeds rise in the U.S. and Latin America.
Monsanto Co. , the world’s largest seed company, boosted its forecast for free cash flow after posting second-quarter earnings that topped analysts’ estimates on higher sales of herbicide and genetically modified seeds.