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Potash Corporation of Saskatchewan Inc

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  • FRANKFURT, July 4- A German regional minister gave his backing to potash miner K+ S's rejection of an $8.8 billion- euro takeover bid by Canada's Potash Corp of Saskatchewan, saying K+ S should remain a German company. Tarek Al-Wazir, minister of economy in K+ S's home state of Hesse, said on Saturday he would support K+ S's efforts to make sure regional jobs and value...

  • FRANKFURT, July 3- Canada's Potash Corp of Saskatchewan said it was confident of addressing concerns raised by K+ S over its 7.9 billion euro takeover proposal for the German potash miner, giving K+ S's stock a boost. Potash Corp on Friday said its 41 euros- per-share proposal balanced the interests of investors and other stakeholders, including employees.

  • FRANKFURT, July 2- German potash miner K+ S rejected Potash Corp of Saskatchewan's 7.9 billion euro takeover bid on Thursday, saying it was too low and that the Canadian suitor could be planning to dismantle the company, putting jobs at risk. K+ S, which is the world's largest salt supplier but derives most of its earnings from potash fertilisers, also said it was not...

  • NEW YORK/ LONDON, June 29- Mergers and acquisitions worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. These include Royal Dutch Shell Plc's $70 billion acquisition of British rival BG Group Plc, cable...

  • Potash Corp and K+ S have both acknowledged the bid publicly but have disclosed no other details. Potash Corp, however, intends to keep K+ S's German mines operational, would not divest its market-leading salt business, and would continue with the development of a $4 billion legacy mining project in Canada, the people said on Sunday. Potash Corp also views K+ S's...

  • European shares pick up ahead of crucial Greece talks Friday, 26 Jun 2015 | 11:19 AM ET

    LONDON, June 26- European stocks rose in afternoon trading on Friday, as optimism for some kind of progress on Greece picked up ahead of weekend talks designed to push Athens into a last-minute cash-for-reform deal with international creditors. Greek markets rallied and European equities were set for a positive end to the week as European Commission...

  • Early movers: FNL, CYH, NKE, MU, HMC & more Friday, 26 Jun 2015 | 8:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on June 8, 2015 in New York City.

    Some of the names on the move ahead of the open.

  • *FTSEurofirst 300 down 0.6 pct, Euro STOXX 50 down 0.7 pct. LONDON, June 26- European stocks fell on Friday, with investors discouraged by a lack of progress in Greek debt crisis negotiations heading into crunch talks at the weekend. The euro zone Euro STOXX 50 was down 0.7 percent, while Greek shares fell 1.4 percent.

  • June 25- German potash producer K+ S said on Thursday it has received a takeover proposal from larger Canadian rival Potash Corp of Saskatchewan Inc, starting a new takeover saga in the fertilizer industry. Potash Corp would not comment. In 2010, Potash Corp itself was the target of a $39 billion hostile bid from global mining giant BHP Billiton.

  • FRANKFURT, June 25- Potash Corporation of Saskatchewan Inc is eyeing German peer K+ S for a possible takeover bid, German newspaper Handelsblatt reported on Thursday, citing financial sources. Canada's Potash Corp could offer 40 euros per share, which would value K+ S at more than 7 billion euros, Handelsblatt wrote in a pre-release of a story to be published on...

  • Potash Corp eyes Germany's K+S -Handelsblatt newspaper Thursday, 25 Jun 2015 | 1:10 PM ET

    FRANKFURT, June 25- Potash Corporation of Saskatchewan Inc is eyeing. Canada's Potash Corp could offer 40 euros per share, which would value K+ S at more than 7 billion euros, Handelsblatt wrote in a pre-release of a story to be published on Friday. The German company's shares were up 10 percent at 31.50 euros in after-hours trading in Frankfurt.

  • April 30- North America's two biggest potash producers, Potash Corp of Saskatchewan and Mosaic Co, reported larger first-quarter profits on Thursday, but results missed expectations. Canada's Potash Corp, the world's biggest fertilizer maker by market capitalization, cut its full-year profit forecast, and both companies warned potash prices could slide.

  • Potash prices are yet to recover after a collapse in 2013, which was triggered by top producer Russia's Uralkali exiting a trading venture with Belarus. Potash cut its full-year profit forecast to $1.75- $2.05 per share from $1.90- $2.20 per share, sending its shares down 3.3 percent in premarket trading. Potash, the second-biggest potash producer by output...

  • Your first trade for Tuesday Monday, 20 Apr 2015 | 6:10 PM ET

    The "Fast Money" traders give their final trades of the day.

  • Your first trade for Wednesday Tuesday, 7 Apr 2015 | 6:26 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders give their final trades of the day.

  • UPDATE 2-Belarus surprises rivals with China potash deal Thursday, 19 Mar 2015 | 11:08 AM ET

    *BPC deal is first for 2015 with major importer China. MINSK/ MOSCOW, March 19- Crisis-hit Belarus reached an unexpected agreement with China on Thursday over 2015 prices for the crop nutrient potash, undercutting Russian and North American rivals who were negotiating for higher rates. Thursday's deal makes it harder for the likes of Uralkali, U.S.-based Mosaic...

  • WINNIPEG, Manitoba, March 18- Potash Corp of Saskatchewan said on Wednesday that its three representatives quit the board of Chilean fertilizer group SQM due to concerns that SQM was not adequately investigating allegations of wrongdoing or fully cooperating with Chile's public prosecutor.

  • SAO PAULO, March 2- Potash Corporation of Saskatchewan Inc, the world's largest fertilizer company by market value, agreed on Monday to pay about $56 million for a 9.5 percent stake in Brazilian rival Fertilizantes Heringer SA, the latest effort by Potash to grow in Latin America's largest economy. Under terms of the agreement, PotashCorp will acquire the stake...

  • Potash Corp to buy stake in Brazil's Heringer Monday, 2 Mar 2015 | 8:26 AM ET

    March 2- Potash Corp of Saskatchewan Inc, the world's biggest fertilizer company by market capitalization, said it would buy a 9.5 percent stake in Brazil's Fertilizantes Heringer SA from its controlling shareholders for $55.7 million. The deal, expected to close in the second half of this year, will pave the way for a long-term potash supply agreement, allowing...

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...