By Bret Jensen:The fertilizer stocks have been taking a beating in the last few months. Several are right at 52-week lows. One that looks like a great long-term bargain is Potash Corporation (POT).
By Bret Jensen:Agrium’s (AGU) management made a bold move today by announcing it will invest $1.5B to grow its potash production by 50% by 2014 and quadrupling its dividend immediately.
The Walt Disney Company (DIS)
Annual Meeting of Shareholders Conference Call
March 06, 2013, 12:00 pm ET
Executives
Bob Iger - Chairman & CEO
Belinda Massafra - Representative, Broadridge Investor Communication Solutions
Cornish Hitchcock - Representative, Hermes Equity Ownership Services
Orin Smith - Director
Roy E. Disney - Co-Founder
Alan Braverman - SVP & General Counsel
By Marc Davis, BNWnews.ca In spite of a flurry of headlines in recent weeks heralding a game-changing consolidation of the world’s lucrative potash mining industry, Canada’s two small aspiring potash miners are standing firm.Both Western Potash (TSX.V: WPX) and Potash One (TSX: KCL) say they are committed to building mines that will be in business for decades. In other words, they’re not for sale.
Potash Corp. of Saskatchewan Inc., the world’s largest fertilizer producer, scrapped a proposed takeover bid for Israel Chemicals Ltd. after opposition to the deal from workers and Israeli politicians.
“Now is not the time to pursue this opportunity,” Saskatoon, Saskatchewan-based Potash Corp. said Thursday in its first-quarter earnings statement.
A few moments ago, no bailout proposal in hand, no parliamentary discussion having taken place, and certainly no votes having been cast, the Eurogroup sat down with Cyprus' president Anastasiades, in order to preserve the "democratic" theatrical facade of European decisionmaking.
Potash Corp. of Saskatchewan Inc. reported a decline in fourth quarter earnings on Thursday as the company generated weaker results from all of its nutrients and absorbed a couple of one-time charges.
Chief executive Bill Doyle noted that global fertilizer markets “paused” in the quarter in the absence of “significant immediate needs” and a lack of direction.
A rebounding fertilizer industry and an eye-popping $39 billion dollar bid for Potash Corp. (POT) by the world’s largest mining company, BHP Billiton (BHP), are telling signals – ones that suggest that Canada’s tiny handful of potash producers and aspiring miners are ripe plums for the picking.
A Canadian / Chinese partnership to commercialize Africa’s first modern-day potash mine may yet get the ultimate endorsement from the world’s largest mining company, BHP Billiton (NYSE: BHP), by way of a takeover bid. So says Robert Winslow, a potash analyst at one of Canada’s leading investment banks, Toronto-based Wellington West Capital Markets, in reference to Toronto-based Allana Potash Corp.