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Stock Market & Financial Investment News

News Breaks
February 26, 2013
15:21 EDTPOTPotash says "strong consumption trends masked by destocking" in FY12
In a slides presentation from the company presentation at the BMO Global Metals and Mining Conference, Potash Corp. (POT) said that slower demand periods have historically been followed by robust growth. The slower demand period they are referring to is 2012, in which significant global distributor inventory destocking impacted potash demand. The company estimates 2013 world potash shipments of 55-57M tons up from an estimate of 51M tons shipped in 2012. The company notes that significant tonnage has been contracted for 1H delivery but foresees lower potash prices to to reduce government subsidy levelers in India. Potash continues to see "crop economics" to drive increased fertilizer applications, In late day trading Potash is up 0.6% to $38.82.
News For POT From The Last 14 Days
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May 21, 2015
07:14 EDTPOTBMO Capital to hold a conference
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May 19, 2015
09:58 EDTPOTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ascena Retail (ASNA) upgraded to Outperform from Market Perform at FBR Capital... Enphase Energy (ENPH) upgraded to Strong Buy from Buy at Needham... Fifth Third (FITB) upgraded on Vantiv outlook at Oppenheimer... Hortonworks (HDP) upgraded to Overweight from Equal Weight at Barclays... MasterCard (MA) upgraded to Overweight from Sector Weight at Pacific Crest... NetEase.com (NTES) upgraded to Buy from Neutral at Citigroup... Panera Bread (PNRA) upgraded to Outperform from Market Perform at Cowen... Potash (POT) upgraded to Market Perform from Underperform at Cowen... Reed Elsevier (RUK) upgraded to Buy from Neutral at Goldman... Royal Caribbean (RCL) upgraded to Overweight from Neutral at JPMorgan... Sysco (SYY) upgraded at Credit Suisse... THL Credit (TCRD) upgraded to Buy from Hold at Deutsche Bank... Take-Two (TTWO) upgraded to Buy from Neutral at Sterne Agee CRT... Tempur Sealy (TPX) upgraded on Sealy gross margin improvement at Longbow... TriState Capital (TSC) upgraded to Outperform from Market Perform at Keefe Bruyette... Xilinx (XLNX) upgraded to Overweight from Sector Weight at Pacific Crest.
07:42 EDTPOTPotash upgraded to Market Perform from Underperform at Cowen
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