Potash – The Globe and Mail reported that Mosaic is deferring its plans for Canadian expansion, instead opting to buy back shares with an accumulated $2 billion cash pile.
Articles Tagged "mosaic"
Potash – Bloomberg reported that Mosaic is likely to become a popular takeover target later this month, when it is anticipated that barriers that existed when Mosaic split from Cargill will be lifted.
Potash – Global News reported that about 50 ducks were saved and several died after landing in a Mosaic Co. (NYSE:MOS) tailings pond in Saskatchewan.
Potash – Caution from one of the world’s largest potash producers is likely to temper 2013 potash demand figures, but will not significantly change projected growth for the industry as a whole.
Potash – Initial spring crop numbers are giving markets — and phosphate producers — an early indication of just how big the expected American corn and soybean crops will be this year.
Potash – Falling phosphate prices reduced Mosaic's profits in the most recent quarter, but Jim Prokopanko, the company's CEO, expects 2013 to bring "record global phosphate shipments."
Potash – Bloomberg reported that Mosaic Co. beat forecasts with their Q2 profits, mostly due to an uptick in North American sales
Potash – Bloomberg reported that Mosaic may be forced to decrease potash output again, due to waning demand.
Potash – Falling potash demand is pulling on phosphate as companies report falling phosphate fertilizer profits, softer demand forecasts and strong phosphate price volatility.
Potash – PotashCorp's earnings outlook cut is causing investors to question the future of the potash market.