New User:

-or-
Username:
Password:
Forgot your password?

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
Check below for free stories on POT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 17, 2014
12:54 EDTPOTPotash would like to grow dividend over time
Comments made at the Credit Suisse Basic Materials Conference.
September 16, 2014
17:27 EDTPOTUralkali has no plans to restore Belarus potash arrangement, WSJ says
Subscribe for More Information
September 12, 2014
06:27 EDTPOTPotash extracting last miners trapped by mine fire, WSJ reports
Subscribe for More Information
September 11, 2014
12:03 EDTPOTUSDA raises U.S. corn yield forecast to record
In its monthly World Agricultural Supply and Demand Estimates, or WASDE, report, the U.S. Department of Agriculture's corn yield forecast is raised 4.3 bushels per acre to a record 171.7 bushels. Corn production for 2014/15 is forecast 363 million bushels higher at a record 14,395 million bushels. Total 2014/15 corn usage is projected at 13,605 million bushels, up 170 million from last month. Although a record, usage is expected up just 5 million bushels from 2013/14 as export prospects remain constrained by large foreign carryin stocks, the USDA wrote. Publicly traded companies in the agriculture space include Agrium (AGU), Andersons (ANDE), Archer Daniels (ADM), Bunge (BG), CF Industries (CF), Compass Minerals (CMP), DuPont (DD), Intrepid Potash (IPI), Monsanto (MON), Mosaic (MOS), Potash (POT) and Syngenta (SYT).
September 10, 2014
09:51 EDTPOTPotash September calls active
Subscribe for More Information
September 9, 2014
10:10 EDTPOTOn the Fly: Analyst Downgrade Summary
Subscribe for More Information
08:52 EDTPOTFertilizer estimates lowered at Cowen
Subscribe for More Information
07:51 EDTPOTPotash downgraded to Underperform at Cowen
As previously reported, Cowen downgraded Potash to Underperform from Market Perform. The analyst sees an extended period of potash pricing pressure and significant multiple compression risk going forward. Price target lowered to $29 from $32.

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