New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 15, 2014
11:30 EDTPOT, IPI, MOS, AGUAnalyst says investors should unload fertilizer stocks
Investors should sell stocks of fertilizer makers, BMO Capital analyst Joel Jackson wrote today in a note to investors. WHAT'S NEW: Fertilizer stocks may not rise much this year, as their multiples have already increased significantly compared with chemical and mining stocks, and the market as a whole, BMO Capital analyst Joel Jackson wrote. Moreover, Jackson believes that the stocks already reflect the lift that the sector typically gets during January and February, along with the possibility that the Belarusian Potash Company will be rejuvenated. A cartel that was created in an effort to keep fertilizer prices high, the company was disbanded when Russian potash maker Uralkali withdrew from it last year. Moreover, analysts' 2014 and 2015 estimates for the sector must drop further, partly because crop prices have dropped significantly, while the potash supply/demand dynamic is deteriorating, the analyst added. He identified Agrium (AGU) as his top pick in the sector, and kept Market Perform ratings on Potash (POT) and Mosaic (MOS). He maintained an Underperform rating on Intrepid Potash (IPI). PRICE ACTION: In late morning trading, Potash gained 2% to $35, Mosaic advanced 3% to $49.50, Agrium added 0.7% to $94.30, and Intrepid Potash rallied 4% to $17.
News For POT;IPI;MOS;AGU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 30, 2014
07:06 EDTMOSMosaic sees FY14 CapEx $1B-$1.2B
Subscribe for More Information
07:05 EDTMOSMosaic sees Q4 Potash total sales volume 2M-2.3M
Subscribe for More Information
07:05 EDTMOSMosaic sees Q4 Phosphates totalsales volume 2.5M-2.8M
Mosaic's realized DAP price, FOB plant, for the fourth quarter is estimated to range from $430 to $450 per tonne. Mosaic's gross margin rate in the segment is expected to be in the mid-teens percent range during the fourth quarter. The operating rate in the segment is expected to be in the 70 to 80 percent range reflecting on-going production curtailment to limit high cost inventory build-up.
07:04 EDTMOSMosaic reports Q3 Phosphates sales $1.7B, 3.3M tonnes
Reports Q3 Potash sales $593M, 18M tonnes.
07:03 EDTMOSMosaic: Improving potash/phosphates demand continued
Subscribe for More Information
07:03 EDTMOSMosaic reports Q3 EPS 54c, compared to 29c a year ago
Subscribe for More Information
October 29, 2014
16:16 EDTIPIIntrepid Potash reports Q3 EPS (2c), consensus 5c
Reports Q3 revenue $102.3M, consensus $92.47M.
15:41 EDTMOSNotable companies reporting before tomorrow's open
Subscribe for More Information
11:58 EDTAGUAgrium to host investor day
Subscribe for More Information
07:16 EDTMOSMosaic volatility elevated into Q3 and outlook
Mosaic October weekly call option implied volatility is at 46, November is at 25, December is at 21, January is at 25; compares to its 26-week average of 22 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on October 30.
October 24, 2014
10:03 EDTPOTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Align Technology (ALGN) upgraded to Buy from Hold at Jefferies... Brandywine Realty (BDN) upgraded to Buy from Hold at Stifel... Buffalo Wild Wings (BWLD) upgraded to Buy from Hold at Feltl... Carpenter Technology (CRS) upgraded to Overweight from Neutral at JPMorgan... Check Point (CHKP) upgraded to Buy from Hold at Needham... Diamond Offshore (DO) upgraded at ISI Group... Digital Realty (DLR) upgraded to Market Perform from Underperform at Cowen... EQT Corporation (EQT) upgraded to Buy from Neutral at SunTrust... Education Realty (EDR) upgraded to Buy from Hold at MLV & Co.... Gigamon (GIMO) upgraded to Neutral from Underperform at BofA/Merrill... Halliburton (HAL) upgraded to Buy from Neutral at Citigroup... Invacare (IVC) upgraded at KeyBanc... Knight Transportation (KNX) upgraded to Neutral from Underperform at Credit Suisse... Logitech (LOGI) upgraded to Buy from Neutral at UBS... Lorillard (LO) upgraded to Market Perform from Underperform at Cowen... Maxim Integrated (MXIM) upgraded to Buy from Hold at Deutsche Bank... NCR Corp. (NCR) upgraded to Neutral from Sell at Goldman... Nabors Industries (NBR) upgraded to Buy from Hold at Argus... Nucor (NUE) upgraded to Outperform from Underperform at CLSA... Old National Bancorp (ONB) upgraded to Buy from Neutral at DA Davidson... Plexus (PLXS) upgraded to Outperform from Market Perform at Raymond James... Potash (POT) upgraded to Buy from Hold at TD Securities... Reliance Steel (RS) upgraded to Buy from Hold at Jefferies... ResMed (RMD) upgraded to Outperform from Market Perform at William Blair... Royal Dutch Shell (RDS.A) upgraded to Buy from Neutral at UBS... Swift Transport (SWFT) upgraded to Buy from Hold at Stifel... Vulcan Materials (VMC) upgraded to Overweight from Equal Weight at Stephens... Weatherford (WFT) upgraded to Buy from Neutral at Citigroup.
08:35 EDTPOTPotash upgraded to Buy from Hold at TD Securities
06:07 EDTAGUValueAct reports 5.7% activist stake in Agrium
Subscribe for More Information
October 23, 2014
10:22 EDTMOSMosaic upgraded to Buy from Hold at Standpoint Research
06:08 EDTPOTPotash sees 'strong customer engagement' in Q4
Subscribe for More Information
06:07 EDTPOTPotash sees 2014 EPS $1.75-$1.85 vs. previous $1.70-$1.90
Subscribe for More Information
06:05 EDTPOTPotash reports Q3 EPS 38c, consensus 42c
Reports Q3 revenue $1.64B, consensus $1.53B. The company said, "Although potash and nitrogen performance improved over last year's third quarter, higher tax expenses and weaker contributions from offshore equity investments weighed on results." Potash said sales volumes continued to outpace prior-year levels, with total shipments of 2.0M tonnes for Q3 and 6.8M tonnes for the first nine months exceeding the comparative periods by 29% and 8%, respectively.
October 22, 2014
14:05 EDTPOTEarnings Preview: Potash sees Q3 earnings per share 35c-45c
Subscribe for More Information
October 20, 2014
09:32 EDTMOSMosaic upgraded to Outperform from Sector Perform at Scotia Capital
Subscribe for More Information
08:58 EDTMOSPartnerRe to provide $100M financing for Mosaic's home solar loan program
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