FERTILE SOIL: Monsanto’s earnings fell more than 5 percent but its overall results still beat analysts’ estimates. The company, which sells corn and soybean seeds, also announced plans to spend up to $10 billion on buying its own stock. Monsanto rose $6.10 to $126.73.
RIPPED PAGES: Barnes & Noble jumped $1.26, or 6 percent, to $21.80 after the bookseller said it would become two publicly traded companies, one focused on retail bookselling and one on its Nook Media business, which sells electronic reading devices.
BONDS AND COMMODITIES: Government bond prices rose. The yield on the 10-year U.S. Treasury note, which falls when prices rise, dropped to 2.55 percent from 2.58 percent late Tuesday. Crude oil rose 6 cents to $106.09.