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Stock Market & Financial Investment News

News Breaks
May 13, 2013
13:28 EDTMOSMosaic lower after deferring potash expansion
Mosaic, which produces and markets phosphate and potash crop nutrients for the agriculture industry, is trading lower after saying it is scaling back its potash expansion on a company conference call. WHAT'S NOTABLE: Mosaic CFO Larry Stranghoener said the company is deferring a project to add 2M metric tons a year of potash production capacity. Stranghoener added that the company will reassess market conditions within the next 12 to 24 months and "make a determination at that time whether those projects are warranted." PRICE ACTION: Mosaic shares are trading down $2.23 or 3.52% to $61.05 in afternoon trading.
News For MOS From The Last 14 Days
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May 21, 2015
07:14 EDTMOSBMO Capital to hold a conference
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May 19, 2015
07:13 EDTMOSBarclays to hold a conference
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May 14, 2015
16:14 EDTMOSMosaic up 1% after announcing new $1.5B buyback plan, dividend increase
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16:12 EDTMOSMosaic announces new $1.5B share buyback plan, raises dividend to 27.5c
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16:11 EDTMOSMosaic increases dividend to 27.5c from 25c
16:11 EDTMOSMosaic announces New $1.5B share repurchase authorization
May 13, 2015
17:27 EDTMOSMosaic announces Joc O'Rourke to succeed Jim Prokopanko as CEO
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