Because investors hate uncertainty, the question marks associated with Bayer's future sales and potential damages due to lawsuits has shareholders hitting the exits. The impact on Bayer shouldn't be ignored, but investors might want to bear in mind that Roundup only contributes less than 3% to total revenue, and Bayer's after-tax net income was 4.5 billion euros in 2017. Regardless, until these lawsuits are resolved, investors are probably best off focusing on other investment opportunities.
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My most recent article on Monsanto/Bayer/Roundup Jury Verdict:
Prepare the Funeral Dirge for Monsanto/Bayer~Unanimous Federal Jury: Roundup Weedkiller is Major Factor in Man's Cancer https://www.opednews.com/articles/Prepare-the-Funeral-Dirge-by-Stephen-Fox-California-Carcinogen-Identification-Committee_Cancer-Prevention_Carcinogenic_Dewayne-Johnson-Roundup-Cancer-Victim-190320-798.html>>>>
I repeatedly questioned 2+ years ago why Bayer should want to acquire a monster legal liability like Monsanto in several OpEdNews articles; here is one, for example:
Portland Oregon: City #8 to sue Monsanto over Polychlorinated Biphenyls Cleanup Costs (Like 1990's Tobacco Suits)This entire situation reminds me of the joint efforts by several of the Attorney General of the states to make the tobacco companies pay back or recoup for the states the hundreds of billions of dollars that had been spent to treat the victims of tobacco with diseases like lung cancer and emphysema.
The tobacco companies fought this strenuously but lost, with judgments against them for $235 billion to be paid to the states.
This is is what these 7 cities are doing: trying to recoup the cost of cleaning up a deadly environmental pollutant. It all seems rather "open-and-shut," on firm legal grounds for the cities, until you consider the legal and judicial clout that Monsanto will use to fight back. Just how far their reach goes in the Executive, Legislative, and Judicial branches of our government remains to be seen, and the answers should be emerging soon in early 2017, but given the deep pockets of Monsanto, don't expect any final resolution for years, if not decades.
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How Many Innocent and Unsuspecting People in 2019 Will Die Because of the FDA's Revolving Doors?
PROVEN: Monsanto knew the dangers of its chemicals but kept selling them anyway Monsanto's subpoena on Avaaz is Quashed by Manhattan Judge! by Avaaz's Ricken Patel(Article changed on March 25, 2019 at 01:33)
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