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Bayer (BAYRY) shares fell as much as 5.3% in Frankfurt before a trading halt - they're now -4.7% - after a U.S. judge yesterday rejected its proposal to resolve future claims related to its Roundup weed killer."This ruling will keep a Damocles sword on Bayer," even as demand for seeds and far...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Blow to Big Oil The reputation of black gold got more tarnished yesterday as a trifecta of trouble hit the oil industry. While environmental groups and act...
Bayer (BAYRY) says it will evaluate whether to continue using glyphosate in its Roundup weedkiller in the residential U.S. market after a judge today rejected its plan to settle future claims alleging the herbicide causes cancer.Bayer also says it will abandon attempts at a court-approved sol...
Fears Nachawati Trial Lawyers Praise Judge's Denial of Bayer's Flawed Proposal to Settle Cancer Claims Linked to Weed Killer Deal would have shortchanged victims, allowed continued Roundup sales with no warning label PR Newswire SAN FRANCISCO , May 26, 2021 /...
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Bayer ([[BAYRY]] -3.2%) shares sink after the company failed to win approval for its proposed $2B Roundup settlement from the judge presiding over the case.Calling parts of the proposal "clearly unreasonable," U.S. District Court Judge Vince Chhabria in San Francisco said Bayer's plan "would ...
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Controversial Monsanto Roundup Weed Killer Settlement Under Scrutiny Fears Nachawati trial lawyers: Settlement asks healthy individuals to make impossible choices about future cancer diagnoses PR Newswire SAN FRANCISCO , May 19, 2021 /PRNewswire/ -- Lawyers r...
Bayer acquired Monsanto for $66 billion in 2018. Today, because of the Roundup© litigations, Bayer’s market cap stands at $67 billion. Bayer just reported Q1-2021 with its stock trading up significantly 7% intraday, a fair financial result and reaffirmed 2021 guidance. ...
In a blow to its hopes of limiting its legal risk around the Roundup weedkiller, Bayer ([[BAYRY]] -1.7%) loses its second appeal of three jury verdicts that found Roundup causes cancer, as a U.S. appeals court refuses to overturn a 2019 $25M judgment and trail verdict in the only case to go t...
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