The dispute around director compensation is the latest front in the war of influence between activist hedge funds and corporate boards.» Read More
**BLACKBERRY LTD, $10.61, up 2.8 pct. **KYTHERA BIOPHARMACEUTICALS INC, $42.00, up 25 pct. Over 1,000 patients from the United States and Canada were enrolled in two late-stage studies for evaluating the drug against a placebo, Kythera said.
**KYTHERA BIOPHARMACEUTICALS INC, $42.00, up 25 pct. **REPROS THERAPEUTICS INC, $26.75, up 26 pct. **REGADO BIOSCIENCES INC, $9.11, up 20 pct.
**MICROSOFT CORP, Monday close $32.80, up 2 pct premarket. The new share repurchase program, which has no expiration date, replaces a $40 billion buyback program that was set to expire on Sept. 30. **KYTHERA BIOPHARMACEUTICALS INC, Monday close $33.53, up 19.4 pct after market.
**KYTHERA BIOPHARMACEUTICALS INC, Monday close $33.53, up 19.4 pct after market. Over 1,000 patients from the United States and Canada were enrolled in two late-stage studies for evaluating the drug against a placebo, Kythera said. **AGENUS INC Monday close $2.74, up 24 pct premarket.
**KYTHERA BIOPHARMACEUTICALS INC, Monday close $33.53, up 19.4 pct after market. **NOKIA, Monday close $6.24, down 1 pct premarket. Nokia has delayed the launch of a large-screen "phablet" device, originally planned for late September, following a deal to sell its handset business and license patents to Microsoft, a source said on Monday.
Sept 5- Canadian regulators have approved Glencore Xstrata PLC's sale of some Viterra farm retail stores to Canadian fertilizer company Agrium Inc in a deal that will make Agrium the dominant farm retailer in Canada.
If India can secure substantial discounts on existing contracts, it would underscore the scale of the shift in pricing power. Sellers and Indian buyers have agreed on a cut, but are still discussing the size, P.S. Gahlaut, managing director at top potash importer Indian Potash Ltd, told Reuters.
*Russia summons ambassador, warns of impact on ties. *Collapse of Russia- Belarus cartel shakes $20 bln potash market. MOSCOW/ MINSK, Aug 27- Russia demanded on Tuesday the release of the head of Russian company Uralkali, whose arrest in Belarus threatens to turn a business dispute that shook the $20- billion global potash market into a major diplomatic row.
Aug 7- Canadian fertilizer company Agrium Inc reported a fall in quarterly profit due to an unusually cold spring in North America, but said it expected strong demand for crop inputs for the rest of the year.
Bulls and bears have been duking it out this week in the worst three day sell off for stocks in two months.
The investment bank highlights eight industry themes it describes as "creative destruction" - trends that make it necessary for companies to either "adapt or die."
Check out which companies are making headlines after the bell Wednesday:
Doyle said he does not see changes ahead for Canpotex and said there are no plans at Potash Corp to alter strategy. Potash Corp, Agrium Inc, and Mosaic Co are the members of Canpotex. Shares of Potash Corp rose 1.1 percent $30.87 in Toronto and 0.6 percent to $29.58 in New York on Wednesday.
WINNIPEG, Manitoba, Aug 7- Potash Corp of Saskatchewan Chief Executive Bill Doyle said on Wednesday he doesn't expect the breakup of Belarusian Potash Co to last long, and he disputed predictions that the breakup would spur a steep potash price drop. Potash Corp, Agrium Inc, and Mosaic Co are the members of Canpotex.
Already cranky about the Fed, stock traders will be eyeing the Treasury's 10-year note auction Wednesday to see whether it helps drive interest rates higher.
*India imports all its potash, China around half. MUMBAI/ BEIJING, July 31- Agiculture in China and Indian will be the biggest winner after Russia's Uralkali walked away from one of the world's two big potash cartels, paving the way for consumers to demand hefty price cuts.
*BHP seen postponing full Jansen commitment. The Jansen project in Canada's Saskatchewan province was a tough call for BHP Chief Executive Andrew Mackenzie even before Tuesday, with mining investors reluctant to spend on big-ticket projects and most also cool on an oversupplied potash market. "Jansen is a project that will alter the dynamics of the industry.
Looking to buy? Cramer doesn’t want you to make a move before asking yourself this.
*Mosaic, Potash Corp sink after Russia quits top potash cartel. *Facebook shares climb 6 pct to near IPO price of $38. Shares of Facebook jumped 6.2 percent to $37.62, within striking distance of their $38 IPO price.
The Dow and S&P 500 closed near the flatline Tuesday, while techs climbed to boost the Nasdaq to a fresh 12-year high, as investors remained cautious ahead of the Federal Reserve's policy statement.