New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For AGU;DE;MOS;CF;POT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 29, 2015
10:57 EDTMOSJP Morgan reports 6.3% passive stake in Mosaic
Subscribe for More Information
06:40 EDTPOTPotash sees FY15 CapEx $1.2B
Subscribe for More Information
06:40 EDTPOTPotash sees FY15 potash sales volumes of 9.2M-9.7M tonnes
Sees FY15 potash gross margin to reach $1.5B-$1.8B. In nitrogen, the potential for fewer supply-related disruptions, lower global energy prices and slightly weaker agricultural fundamentals could result in a more tempered pricing environment in 2015. Anticipates that gross margin in nitrogen will trail the record level achieved in 2014. Sees combined nitrogen and phosphate gross margin will be in the range of $1.1B-$1.3B in 2015, relatively flat with 2014.
06:38 EDTPOTPotash enters 2015 with 'positive, albeit moderated, view' for business
Subscribe for More Information
06:04 EDTPOTPotash sees FY15 EPS $1.90-$2.20, consensus $2.12
06:03 EDTPOTPotash sees Q1 EPS 45c-55c, consensus 50c
Subscribe for More Information
06:02 EDTPOTPotash reports Q4 EPS 49c, consensus 46c
Subscribe for More Information
January 28, 2015
17:26 EDTPOTPotash raises quarterly dividend approximately 9% to 38c from 35c per share
The dividend is payable May 4 to shareholders of record on April 13.
12:50 EDTPOTEarnings Preview: Potash sees 'strong customer engagement' in Q4
Subscribe for More Information
January 27, 2015
12:22 EDTDECaterpillar sinks after guidance cut, drags down machinery peers
Shares of Caterpillar (CAT) are falling after the company reported lower than expected profit and reduced its full-year guidance to well below analysts' consensus outlook. WHAT'S NEW: Caterpillar reported fourth quarter earnings per share, excluding certain items, of $1.35, versus analysts' consensus outlook of $1.55. The company's Q4 revenue came in slightly above expectations. However, Caterpillar provided fiscal 2015 EPS guidance, excluding certain items, of about $4.75, versus the consensus outlook of $6.67, and its revenue outlook was about $50B, compared with analysts' consensus estimate of $55B. In October, Caterpillar had provided a "preliminary outlook" for 2015 of no change to a slight increase in its revenue, versus 2014 levels. In 2014 the company reported revenue of $55.18B. Caterpillar blamed its disappointing guidance on weak commodity prices that are negatively impacting its Energy & Transportation business, as well as its mining equipment unit. Caterpillar also lowered its expectations for construction equipment sales in China, noting that while its market position in China has improved, 2015 expectations for the construction industry in China are now lower. ANALYST REACTION: In a note to investors, Wells Fargo wrote that Caterpillar's results are a bad sign for other machinery makers, including Cummins (CMI), Deere (DE), and Terex (TEX). The firm kept a Market Perform rating on Caterpillar. PRICE ACTION: in early afternoon trading, Caterpillar fell 7.5% to $79.61, Cummins dropped 4.6% to $141, Deere declined 3% to $85.76, and Terex fell 4.4% to $22.50.
08:58 EDTDECaterpillar guidance to be negative for shares, says Wells Fargo
Subscribe for More Information
January 23, 2015
08:32 EDTDEDeere announced indefinite layoffs at five locations for workforce adjustments
Subscribe for More Information
06:29 EDTAGUAgrium volatility flat on sharp rally
Subscribe for More Information
January 22, 2015
15:17 EDTAGUAgrium downgraded to Hold from Buy at Standpoint Research
Subscribe for More Information
07:38 EDTAGUAgrium raises target dividend payout ratio to 40%-50%, announce NCIB
Subscribe for More Information
January 21, 2015
10:01 EDTAGUOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:08 EDTAGUAgrium downgraded to Hold from Buy at Miller Tabak
January 20, 2015
08:26 EDTPOT, MOS, AGUAgrium preferred over Potash, Mosaic at Canaccord
Canaccord said they prefer Agrium (AGU) over both Potash (POT) and Mosaic (MOS). Mosaic raised its guidance due to its phosphate business, but with a lack of catalysts expected in the potash market in 2015 the firm continues to see solid growth volume, increasing nitrogen margins, and free cash flow expansion for Agrium. Canaccord maintains its Buy rating on Agrium and its Hold rating on both Mosaic and Potash shares.
January 19, 2015
16:29 EDTMOSMosaic expects 'further business strength' into 2015
Subscribe for More Information
16:28 EDTPOT, MOS, AGUMosaic raises Q4 EPS outlook to 83c-88c, consensus 57c
The Mosaic Company announced that it expects reported phosphates volume and phosphates and potash margins to exceed previously provided guidance ranges, and that potash volumes will be at the high end of guidance range, resulting in Q4 earnings per share in the range of 93c-98c, including 10c in net benefits from notable items. The notable items include early estimates of discrete tax benefits, primarily related to the acquisition of a Brazilian distribution business, which may change. The company expect earnings, excluding notable items, to be in the range of 83c-88c. The consensus EPS estimate is 57c..Mosaic stated, "Demand for potash and phosphates exceeded our expectations during the fourth quarter,. We were cautiously optimistic going into the fall application season with good crop nutrient affordability and an empty supply chain, but customers came to the market in force, as they sought to position inventory in anticipation of a strong spring season and increasing crop nutrient prices...Our Phosphates business sold 3.3 million tonnes of finished product during the quarter - well above our expectations - and our Potash business produced at a high operating rate due to a successful proving run at the Colonsay mine." Mosaic's peers include Potash (POT) and Agrium (AGU).

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use