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Stock Market & Financial Investment News

News Breaks
January 30, 2013
11:16 EDTAGUAgrium settles potash claim
Agrium announced that it has tentatively settled all claims brought by a purported class of direct and indirect purchaser plaintiffs who alleged that Agrium's and other defendants' pricing of potash violated United States antitrust laws. The settlement is subject to court approval. Agrium and the other defendants deny all allegations of wrongdoing, liability, or damage to any of the plaintiffs or putative classes in the action, deny that they engaged in any violation of law or breach of duty, and believe they acted properly at all times. Agrium will pay a total of $10M to settle the claims and will thereby be released from any liability in connection with those claims.
News For AGU From The Last 14 Days
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February 9, 2016
12:04 EDTAGUUSDA raises corn supply forecast by 35M bushels
In its monthly World Agricultural Supply and Demand Estimates report, the USDA raised its corn ending stocks estimate for 2015/16 by 35M bushels. The projected range for the corn season-average farm price is narrowed 5 cents on both ends to $3.35 to $3.85 per bushel. Publicly traded companies in the Agriculture and Fertilizer spaces include Agrium (AGU), Andersons (ANDE), Archer Daniels (ADM), Bunge (BG), CF Industries (CF), Compass Minerals (CMP), DuPont (DD), Intrepid Potash (IPI), Monsanto (MON), Mosaic (MOS), Potash (POT) and Syngenta (SYT).
11:41 EDTAGUAgrium says Q1 is seasonally slow quarter
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11:36 EDTAGUAgrium says Q4 wholesale EBITDA more than double Q414
Comments from Q4 earnings call.
07:34 EDTAGUAgrium sees FY16 EPS $5.50-$7.00, consensus $7.01
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07:33 EDTAGUAgrium reports Q4 continuing operations EPS $1.45, consensus $1.38
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