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April 24, 2014
06:07 EDTPOTPotash reports Q1 EPS 40c, consensus 35c
Reports Q1 revenue $1.68B, consensus $1.49B. Gross margin for the quarter totaled $565M, below the $867M generated during Q1 of 2013. The company said, "Despite an improving environment for both demand and pricing compared to the final quarter of 2013, realizations in all three nutrient segments lagged behind those of the first quarter last year and negatively impacted our earnings." Potash production reached 2.4M tonnes, exceeding the 2.0M tonnes produced in 2013's Q1. The company said, "Higher operating rates, savings from workforce changes, optimization of tonnage from our lower-cost facilities and a favorable impact from a weakened Canadian dollar improved our per-tonne costs by 13 percent compared to the same period last year."
News For POT From The Last 14 Days
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July 29, 2015
10:00 EDTPOTOn The Fly: Analyst Downgrade Summary
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07:44 EDTPOTPotash downgraded to Market Perform from Outperform at Raymond James
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July 22, 2015
08:26 EDTPOTK+S preparing for possible hostile bid from Potash, Wirtschaftswoche reports
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July 21, 2015
13:14 EDTPOTK+S says new Potash offer not enough for takeover talks, Reuters says
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July 17, 2015
15:43 EDTPOTPotash sees global potash shipments in 2015 to decline slightly
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July 16, 2015
08:33 EDTPOTPotash play for K+S linked to possible oversupply from 'Legacy' mine, FT says
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