Message #30 From:
fatfingers Date: December 15, 2007 07:27:25 PM
Monsanto Executive VP Exercises Options and Bunge CEO Weisser Exercises Options
--(www.USEquityNews.com)-- 12/06/2007 - Farm Products industry alert
provided by U.S. Equity News. The executive vice president and chief
technology officer of agricultural chemicals and seed manufacturer
Monsanto Co. (NYSE: MON) exercised options for 15,106 shares of common
stock under a prearranged trading plan, according to a Securities and
Exchange Commission filing recently. In a Form 4 filed with the SEC,
Robert T. Fraley reported exercising the options for $20.81 apiece and
then selling the same number of shares on the same day for $101 apiece.
The stock sale was conducted under a prearranged 10b5-1 trading plan
which allows a company insider to set up a program in advance for such
transactions and proceed with them even if he or she comes into
possession of material nonpublic information.
The president, chief executive and chairman of lawn and garden company
Scotts Miracle-Gro Co. (NYSE: SMG) sold 8,100 shares of common stock,
according to a Securities and Exchange Commission filing. In a Form 4
filed recently with the SEC, James Hagedorn reported he sold the shares
for $36.60 to $36.73 apiece. He also acquired 60.2047 shares recently
for $33.22 apiece.
The chief executive and chairman of Bunge Ltd. (NYSE: BG), a fertilizer
maker and food processor, exercised options for 75,683 shares of common
stock under a prearranged trading plan, according to a Securities and
Exchange Commission filing. In five Form 4 documents filed recently
with the SEC, Alberto Weisser reported he exercised the options for
$18.88 apiece and then sold all 75,683 shares on the same day for
$112.25 to $116.50 apiece. The stock sale was conducted under a
prearranged 10b5-1 trading plan which allows company insiders to set up
a program in advance for such transactions and proceed even if they
come into possession of material nonpublic information.
US Farms, Inc. (OTCBB: USFI), a diversified commercial Farming and
Nursery company, recently announced financial results for the third
quarter ending September 30, 2007. US Farms, Inc. posted revenue of
$2,726,294 for the quarter ended September 30, 2007 versus $214,509 for
the same period last year. This increase was due mainly the result of
revenues generated through the California Produce Exchange business
segment.
