By Leia Michele Toovey- Exclusive to Potash Investing News For the past few weeks, I have finally been able to share good news about potash, and now, even more signs are pointing towards a revival in the market. The latest news, this Monday, Canpotex, the marketing arm for North American potash producers, finally inked a [...]
The world’s biggest fertilizer firm will offer its shareholders a non-binding “advisory vote” on the size of its executives’ pay packets. For full story, click here
Potash Corp’s share price two years ago, on March 9, 2007, was $53.22—meaning the stock price could reasonably fall by another 15-20% merely to erase 24-month gains. If you go back 3 years, you’ll see that this is really a $25 stock… in a bull market! For full story, click here
“Potash Corp. of Saskatchewan has been reporting excellent results, surpassing expectations,” says analyst Tom Slee, adding, “However, investors have savaged the stock.” For full story, click here
Even during the ongoing financial crisis, the global demand for food and the fertilizer needed to grow. As per Chris Mayer of Agora Financial, Potash Corp appears to be a good buy. For full story, click here
Potash Corporation of Saskatchewan Inc. reported that the following materials for the fiscal year ended December 31, 2008 are now available on the company’s website at www.potashcorp.com. 1) Annual Report on Form 10-K 2) 2008 Financial Review Annual Report (includes Management’s Discussion & Analysis and Audited Consolidated Financial Statements) 3) 2008 Summary Annual Report – [...]
In a move that undermines Agrium’s $3.6-billion (U.S.) play for rival CF Holdings, institutional investors are being motivated to dump the Canadian fertilizer company and load up on Potash Corp. For full story, click here
Agrium Inc. reported that Chinese potash price negotiations could stretch two months longer than what rival Canadian fertilizer producer Potash Corp of Saskatchewan is targeting. For full story, click here
The materials sector was up 1 percent with fertilizer company Potash Corp of Saskatchewan the top net gainer, up 6.3 percent at C$91.00. For full story, click here
The company’s fourth-quarter earnings are expected to be the third-highest in its history (behind only the second and third quarter 2008) and full-year 2008 earnings will be the fifth consecutive record year and should be more than triple the $3.40 per share earned in 2007. For full story, click here
Wednesday, February 10, 2010