By Brent Kendall and Jacob Bunge The Justice Department on Wednesday filed a lawsuit challenging Deere & Co.’s planned acquisition of a high-tech farming equipment line from Monsanto Co., saying the deal would suppress competition for technology that allows farmers to plant crops at higher speeds. At issue is a deal from last… Read More: Deere, Monsanto Equipment Deal Faces U.S. Challenge — WSJ »
In trading on Tuesday, chemicals shares were relative leaders, up on the day by about 1.6%. Leading the group were shares of Intrepid Potash, up about 13.7% and shares of Potash Corp. of Saskatchewan up about 13.4% on the day. Also showing relative strength are agriculture & farm products shares, up on the day by… Read More: Tuesday Sector Leaders: Chemicals, Agriculture & Farm Products »
By Brent Kendall and Jacob Bunge The Justice Department on Wednesday filed a lawsuit challenging Deere & Co.’s planned acquisition of a line of high-tech farming equipment from Monsanto Co., saying the deal would suppress competition for technology that allows farmers to plant crops at higher speeds. At issue is a deal from… Read More: Justice Department Challenges Deere’s Planned Deal With Monsanto–2nd Update »