Health
Bayer Shares Fall After Crop Science Sales Miss Estimates
Bayer’s crop science division saw higher demand and prices for corn seeds.
Photographer: Daniel Acker/BloombergBayer AG shares fell amid disappointing revenue for soybean seeds and pesticides including the Roundup weedkiller.
The German company’s crop science division posted sales of €4.79 billion ($5.55 billion), worse than analysts expected, according to a statement Wednesday that offered a fuller picture of the company’s performance than last week’s initial announcement.