Potash Corporation of Saskatchewan Inc


  • MUMBAI, June 9- India is considering a proposal to raise the price of urea, the fertilizer most used by its farmers, by at least 10 percent in order to contain huge subsidy costs that are straining the budget, government and industry officials told Reuters.

  • May 6- U.S. fertilizer company Mosaic Co said on Tuesday it will eliminate more than 500 jobs in the next year as it reported a larger-than-expected 43 percent drop in quarterly profit.

  • NEW YORK, April 23- The U.S. Securities and Exchange Commission on Wednesday won an asset freeze against a former Banco Santander SA executive it accused of insider trading ahead of a proposed 2010 takeover of Potash Corp of Saskatchewan Inc..

  • Because Potash Corp owns the most potash-producing capacity in the world, a change in that philosophy would cause the crop nutrient's value to plunge. Even so, Baskin just recently sold its stake in Potash Corp on concern that BPC's breakup has diminished the pricing power of potash miners.

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  • WINNIPEG, Manitoba, March 13- Two junior potash producers working in unusual locations look set to shake off the most bearish industry conditions in five years and open new mines, helped by their proximity to Brazil and Africa, two of the world's most promising but under-served fertilizer markets.

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  • MOSCOW, March 5- A revival of cooperation between Russia's Uralkali, top world potash producer, and Belarus state potash firm Belaruskali could be beneficial to both of them and to the global market, Uralkali's co-owner said.

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  • Feb 11- Mosaic Co offered an encouraging outlook and announced a big share buyback on Tuesday, buoying the U.S. fertilizer company's stock even as it reported a 79 percent plunge in quarterly profit, a sharper decline than expected.

  • Shares of Potash Corp, the world's biggest producer of the crop nutrient by capacity, dropped 4.2 percent in New York to $30.50, their lowest level in three months. Even so, 2014 looks like a bottom year for Potash Corp, he said, with more attractive fundamentals falling into place after that.

  • Jan 30- Potash Corp of Saskatchewan, the world's biggest fertilizer company, on Thursday reported a sharply lower quarterly profit and produced 2014 forecasts that are below the estimates of Wall Street analysts.

  • Jan 30- Potash Corp of Saskatchewan, the world's biggest fertilizer company, reported a sharply lower quarterly profit on Thursday and said it expected a weaker year in 2014.. Net earnings for the fourth quarter fell to $230 million, or 26 cents per share, from $421 million, or 48 cents per share, a year earlier.

  • *Fund is major investor in BHP Billiton, Anglo American. OSLO, Jan 27- An opposition proposal to prohibit Norway's $815 billion sovereign wealth fund, the world's largest, from investing in coal companies has won the support of two minority parties whose backing the government needs.

  • Jan 24- Canpotex Ltd, the offshore selling arm for three North American potash companies, said on Friday it has signed an agreement to supply the crop nutrient to Sinochem Fertilizer Macao Commercial Offshore Ltd, a subsidiary of China's Sinofert Holdings Ltd..

  • *Uralkali to sell potash at $305/ t to China, vs $400/ t in H1 2013. *India's contracts may see a premium of $15- $20/ t- source.

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  • Shares were also supported by the producer's ongoing negotiations over its Chinese contract, which could set a price floor, said Boris Krasnojenov, an analyst at Renaissance Capital in Moscow.