New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 14, 2013
13:10 EDTMOS, BHPMosaic would resume potash expansion if BHP cancels Jansen project, Reuters says
In an interview with Reuters the Mosaic (MOS) CFO said it would resume potash expansion if BHP (BHP) cancels the Jansen project. The CFO also stated in the interview that a 'takeover not a strong likelihood."
News For MOS;BHP From The Last 14 Days
Check below for free stories on MOS;BHP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 24, 2014
06:16 EDTBHPBHP Billiton looks to ramp up iron ore output, WSJ reports
Despite declining prices, BHP Billiton is planning to continue to expand iron ore production, the Wall Street Journal reports. Reference Link
July 23, 2014
18:53 EDTBHPBHP Billiton, Anglo seek buyers for manganese assets, WSJ reports
Subscribe for More Information
15:17 EDTBHPBHP Billiton, Anglo seek buyers for manganese assets, DJ says
Subscribe for More Information
13:51 EDTMOSEarnings Preview: Potash sees Q2 earnings per share 40c-45c
Subscribe for More Information
08:34 EDTMOSMosaic to permanently discontinue production of MOP at Carlsbad facility
Mosaic said in a filing that on July 21 it decided to permanently discontinue production of muriate of potash at its Carlsbad, New Mexico facility. The final date for production is expected to be December 31. The decision is based on the quality of the ore in the Carlsbad basin and the age of the facility's infrastructure. These combined factors make it difficult for the operations to remain competitive in an already challenging global market. The discontinuation of this product at Carlsbad is a further step in our previously announced ongoing asset optimization initiatives. Its larger potash production facilities at Esterhazy, Belle Plaine and Colonsay in Saskatchewan, Canada will continue to produce MOP.Mosaicís plan for the immediate future is to transition the Carlsbad facility to the exclusive production of its highly valued K-Mag product line. K-Mag is a premium potash product that currently represents approximately 70% of production at the Carlsbad facility and is a long-term strategic asset for us.We currently estimate that the discontinued production will result in total pre-tax charges in the range of $135M-$160M. The third quarter pre-tax charges are estimated to be in the range of $55M-$77M with the majority of the remainder expected to be recorded in the fourth quarter.
July 18, 2014
08:31 EDTBHP, MOSPotash Corp BG Mosaic could become BHP takeover targets, says Bernstein
Subscribe for More Information
July 17, 2014
07:51 EDTBHPBHP Billiton urges India to focus on infrastructure, not mining, WSJ says
Subscribe for More Information
July 14, 2014
07:04 EDTBHPExterran Partners to acquire natural gas compression assets from MidCon
Subscribe for More Information

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