US farm with 93,000 hectares for sale: 10,000 cattle on 2 islands.
10,000 cattle, deer, bison, and a slaughterhouse in the middle of nowhere. One of the largest slaughterhouses in Alaska is located on the storm-battered Umnak Island.
US Health Minister Kennedy Jr. reportedly states in an unpublished report that there is a link between chronic diseases and glyphosate. The Bayer stock reacts promptly.
The impact of a statement in a newspaper report on a company's finances is evident in the current stock market. A trader had reported with reference to the Wall Street Journal that US Health Minister Robert F. Kennedy Jr. (71) could classify the herbicide glyphosate as potentially hazardous in a new report.
Bayer stocks drop significantly after newspaper reports.
On May 22, the report is said to be published. It focuses on possible connections between pesticides and chronic diseases. As a result, the manufacturer Bayer's stock fell by 9% at its lowest point on Wednesday, as reported by Manager Magazin. While it had been up 2.8% the day before, it ended Wednesday afternoon at the bottom of the DAX.
What does the report contain?
According to newspaper reports, the controversial report is titled "Make America Healthy Again" and supposedly sheds light on the harmful effects of pesticides and glyphosate. A White House spokesman emphasized its significance, calling it a groundbreaking evaluation of the causes of America's chronic disease crisis. This is not surprising given that Kennedy was personally involved in a lawsuit that once fined Monsanto $289 million.
Bayer's recent business figures had surprised.
Earlier this week, Bayer released its first-quarter financial results. With a 7.4% drop to €4.09 billion, the operating profit (EBITDA) decreased slightly less than analysts had expected. Consequently, the stock temporarily soared into double digits but then closed with a modest increase.