Potash heavyweight Potash Corporation of Saskatchewan announced today that it will be slashing its workforce by 18 percent.
Articles Tagged "potash corp of saskatchewan"
Bloomberg Businessweek reported that fertilizer giant, Potash Corp of Saskatchewan, has its best chance at taking over Societdad Quimica y Minera de Chile SA in seven years as a recent stock slump and trading probe have threatened to looses the chairman's grip on the fertilizer market.
Could the potash market swing back into business now that Russian tycoon Suleiman Kerimov has announced he is selling his 21.75-percent stake in Uralkali for $3.7 billion?
As the potash world reels from last week's shake up, broader scale conversations about how potash producers are going to weather the storm have come to surface. But what about the junior potash market? How will the developments in the current potash market affect future producers?
In a move that delivered a one-two punch to North American potash producers' share prices, Russia's Uralkali announced that it will no longer be selling potash through Belarusian Potash Company.
The Financial Post reported that analysts have pegged PotashCorp's dividend yield to double by 2015 to 5.4 percent
Bloomberg reported that the stock price for ICL climbed to a month-long high on news that a sale to PotashCorp is becoming more likely with the new Israeli government coalition.
Bloomberg reported that PotashCorp is insisting that their proposed takeover of ICL is still in the works.
The Financial Post reported that PotashCorp. of Saskatchewan reported a drop in fourth quarter earnings and missed analyst expecatations.
Bloomberg reported that ICL hit a 16-month high on speculation that a sale to PotashCorp is close.