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Agrium Inc (AGU)

AGU on New York Consolidated

101.32USD
19 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Potashcorp shareholders overwhelmingly approve merger of equals with Agrium
Thursday, 3 Nov 2016 05:24pm EDT 

Potash Corporation Of Saskatchewan Inc : Potash Corporation of Saskatchewan Inc - More than 99 percent of shares voted at meeting were voted in favor of merger .Potashcorp shareholders overwhelmingly approve merger of equals with Agrium.  Full Article

Agrium securityholders overwhelmingly approve merger of equals with Potashcorp
Thursday, 3 Nov 2016 05:22pm EDT 

Potash Corporation Of Saskatchewan Inc : Agrium Inc - Approximately 98 percent of shares and voting options voted at meeting were voted in favour of merger .Agrium securityholders overwhelmingly approve merger of equals with Potashcorp.  Full Article

Agrium's crop production services announces two retail acquisitions
Tuesday, 6 Sep 2016 10:45am EDT 

Agrium Inc : Agrium's crop production services announces two retail acquisitions, to add 34 locations in the u.s. And canada . Received regulatory approval for its retail business to acquire 16 locations in western canada from andrukow group solutions inc .Additionally, cps recently completed acquisition of 18 locations from cargill aghorizons (u.s.) across northern u.s. Corn-Belt region.  Full Article

Fitch Potashcorp/Agrium merger talks highlight distribution
Thursday, 1 Sep 2016 09:05am EDT 

Fitch Ratings: Consolidation in sector is being driven by low valuations,synergies and longer term growth prospects .Believe Potash prices have bottomed with curtailed production,price appreciation could be modest through 2018.  Full Article

Agrium confirms talks with Potash Corp for potential merger of equals
Tuesday, 30 Aug 2016 11:39am EDT 

Agrium Inc : Agrium confirms discussions with PotashCorp regarding potential merger of equals . No decision has been made as to whether to proceed with a combination .No agreement has been reached with Potash Corp.  Full Article

Potash Corp, Agrium planning to merge - Bloomberg
Tuesday, 30 Aug 2016 10:09am EDT 

:Potash Corp, Agrium Inc planning to merge; combination could be announced as soon as next week - Bloomberg, citing sources.  Full Article

Agrium interested in buying fertilizer assets, farm retail stores - CEO
Thursday, 4 Aug 2016 11:05am EDT 

Agrium Inc quarterly conference call: CEO Chuck Magro said the company is interested in potential acquisitions of wholesale fertilizer assets and farm retail stores. Further company coverage: [AGU.TO] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

Agrium posts Q2 adj EPS of $4.18; sees FY EPS $5.00-$5.30
Wednesday, 3 Aug 2016 05:27pm EDT 

Agrium Inc : Agrium reports solid second quarter earnings . Q2 adjusted earnings per share $4.18 . Sees FY 2016 earnings per share $5.00 to $5.30 . Agrium inc says 2016 estimates of nitrogen and potash production remain between 3.5 million to 3.7 million and 2.3 million to 2.4 million tonnes, respectively . Qtrly nitrogen sales volumes were slightly lower than same period last year due primarily to extended planned outage at the borger facility . Narrowed our expectation for 2016 retail ebitda between $1.1-billion to $1.15-billion . Agrium inc says nitrogen prices have been pressured due to slow demand from india and seasonal pricing pressure . Sees 2016 nitrogen production of 3.5 to 3.7 million tonnes . Agrium inc sees 2016 crop nutrient sales 9.8 million tonnes to 10.2 million tonnes . Sees 2016 total capital expenditures $800 million - $900 million . Agrium inc says expect that pace of chinese phosphate exports will increase in second half of 2016, but continue to be below 2015 levels . Says do not expect any additional capacity to come on stream in second half of 2016 for potash . Fy2016 earnings per share view $5.42 -- Thomson Reuters I/B/E/S . Annual guidance range has been revised to $5.00 to $5.30 diluted earnings per share due to weak outlook for nutrient prices . "currently working on completion of Cargill and another retail acquisition" . Q2 sales $6,415 million versus $6,992 million last year.  Full Article

Agrium says board approved dividend of US$0.875 per common share
Wednesday, 3 Aug 2016 01:52pm EDT 

Agrium Inc :Agrium inc says board approved a dividend of $0.875 u.s. Per common share.  Full Article

Mosaic CEO sees buying opportunities from diversified miners
Tuesday, 2 Aug 2016 10:43am EDT 

: Mosaic CEO, in a Reuters interview, said he sees opportunities to buy fertilizer production assets from big diversified miners . Mosaic CEO said Canpotex negotiations with Chinese potash buyers were focusing on volume after global price set Further company coverage: [MOS.N] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

BRIEF-Agrium, Potashcorp provide update on approvals for proposed merger

* Agrium and Potashcorp provide update on approvals for proposed merger of equals