Potash One off 80 per cent
Potash One, a Canadian company which is looking for new raw material mines, off 80 per cent. For full story, click here
Articles Tagged "Shares"
Low fertilizer sales plague potash companies
By Leia Michele Toovey- Exclusive to Potash Investing News. Fertilizer prices are finally falling, but not enough to coax farmers into big purchases for the spring planting. The worldwide financial crisis has them rationing their use of stored inventory. The steep decrease in crop prices have left farmers with less money to purchase fertilizer, shifting [...]
Potash gains investor confidence
By Leia Michele Toovey- Exclusive to Potash Investing News Potash Corp shares rose 3 per cent to $85.99 on the Toronto Stock Exchange on Thursday after the company said it earned more in the third quarter than it did in all of 2007, its record year. Profits climbed five-fold to $1.24 billion, or $3.93 per [...]
Potash Corp of Saskatchewan Inc slumps 7.5%
Potash, the largest North American fertilizer producer by market value, lost 7.5 percent to C$94.25, as corn and wheat prices fell 3.1 percent and 2.8 percent, respectively. For full story, click here
Shares of Potash Corp rises
Potash Corp. of Saskatchewan Inc. rose 2.1 per cent. For full story, click here
The workers and the shareholders
By Daniella D’Alimonte – Exclusive to Potash Investing News Potash Corp. of Saskatchewan (TSX: POT), which has been bouncing up and down over the past two weeks, is around $73 going into the weekend. The Washington, D.C.-based Fertilizer Institute reported Thursday that Potash Corp. and other producers within Canada have had a 31 per cent [...]
Mining and the current economy
By Daniella D’Alimonte – Exclusive to Potash Investing News Brokerages UBS and Scotia Capital have both recently cut their price targets on fertilizer giants Potash Corp. of Saskatchewan (TSX: POT) and Agrium Inc. (TSX: AGU). These cuts are based on the reduced price tags on potash, diammonium phosphate, and urea fertilizers. USB cut its price [...]
Too soon to tell?
By Daniella D’Alimonte – Exclusive to Potash Investing News Even with the current market uncertainties, a bullish outlook for fertilizer giants such as Potash Corp. of Saskatchewan (TSX: POT) and Agrium (TSX: AGU) remains unchanged, according to a recent Financial Post report. The continued high prices, relative to last year, in addition to a promising [...]
Shares of Potash corp. advances
Shares of Potash Corp. of Saskatchewan Inc. jumped higher on Monday after buy rating from Citi Investment Research analyst. The analyst said: Data released Friday shows that North American potash inventories fell 10 percent last month from June to a level that is 35 percent below its five-year average. A tighter supply of fertilizer helps [...]
Potash stocks set for a rebound
Shares of potash producers have declined in recent weeks due to falling prices, but the sell-off in these shares appears overdone and look poised for a rebound. Canaccord Adams agriculture analyst Keith Carpenter was quoted as saying: On a long-term view and on a fundamentals view, (I am) very comfortable with the outlook a year from now [...]
