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Agrium Inc (AGU)

AGU on New York Consolidated

93.93USD
28 Apr 2017
Change (% chg)

$-1.07 (-1.13%)
Prev Close
$95.00
Open
$95.14
Day's High
$95.33
Day's Low
$93.43
Volume
272,698
Avg. Vol
447,990
52-wk High
$111.88
52-wk Low
$83.15

Latest Key Developments (Source: Significant Developments)

Potash Corp Of Saskatchewan Q1 earnings per share $0.18
Thursday, 27 Apr 2017 06:00am EDT 

April 27 (Reuters) - Potash Corporation Of Saskatchewan Inc :Potashcorp reports first-quarter earnings of $0.18 per share.Q1 earnings per share $0.18.Sees fy 2017 earnings per share $0.45 to $0.65 including items.Full-Year 2017 guidance increased to $0.45-$0.65 per share, including merger-related costs of $0.05 per share.Q1 sales $1,112 million versus $1,209 million last year.Potash corp - "strong demand" is expected to continue through remainder of year for potash.Potash - raised bottom end of guidance ranges for potash sales volumes and gross margin to 8.9-9.4 million tonnes and $600-$800 million, respectively for fy.Maintain combined nitrogen and phosphate gross margin estimate of $150-$400 million in 2017.Says first-quarter potash sales volumes of 2.2 million tonnes, above 1.8 million tonnes sold in same period last year.Potash corp - sees fy capital expenditures about $600 million.Nutrient affordability and lower inventories led to consistent buyer engagement in potash during q1.Potash ceo sees improved consumption trends and nutrient affordability in key markets to support potash demand and results through remainder of 2017..Says q1 average realized potash price of $166 per tonne was below $178 per tonne realized in 2016's q1.Potash sees good progress on merger of equals with agrium.Qtrly nitrogen total sales volumes of 1.6 million tonnes were down 6 percent compared to same period in 2016.  Full Article

Agrium Inc successfully commissioned its new urea plant in Texas
Tuesday, 18 Apr 2017 07:30am EDT 

April 18 (Reuters) - Agrium Inc :Agrium Inc - successfully commissioned its new urea plant with its first run of urea production at Borger nitrogen operations facility in Texas.Agrium - continue to ramp up production, expect to reach full operational capacity by end of Q2 of 2017 for Borger nitrogen operations facility in Texas.  Full Article

Potash Corp sees third-quarter closing of Agrium merger
Wednesday, 1 Mar 2017 04:36pm EST 

Potash Corporation Of Saskatchewan Inc CEO Jochen Tilk, speaking at an investor presentation in Florida: Said he expects merger with Agrium to close in third quarter Further company coverage: [POT.TO] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

Agrium sets dividend of $0.875/share
Wednesday, 22 Feb 2017 11:40am EST 

Agrium Inc :Sets dividend of $0.875 per share.  Full Article

Capital Research Global Investors reports a 6 pct passive stake in Agrium as of Dec 30 - SEC Filing
Monday, 13 Feb 2017 04:56pm EST 

Agrium Inc :Capital Research Global Investors reports a 6 percent passive stake in Agrium Inc as of Dec 30, 2016 - SEC Filing.  Full Article

Agrium has 'strong interest' in seed or chemical lines-CEO
Friday, 10 Feb 2017 11:00am EST 

Agrium Inc CEO Chuck Magro, speaking on a quarterly conference call: Said Agrium has 'strong interest' in acquiring seed or chemical businesses available as result of other mergers Further company coverage: [AGU.TO] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

Agrium sees US corn plantings 90-92 million acres in 2017
Wednesday, 25 Jan 2017 06:57pm EST 

Agrium Inc CEO Chuck Magro, speaking at CIBC investor conference in British Columbia: Agrium expects US 2017 corn plantings of 90 million to 92 million acres . US border tax on fertilizer would raise farmer costs, not sure it's likely . Merger with Potash Corp has regulator approval from Russia, Brazil; needs US, Canada, China, India Further company coverage: [AGU.TO] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

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

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BRIEF-Agrium Inc successfully commissioned its new urea plant in Texas

* Agrium Inc - successfully commissioned its new urea plant with its first run of urea production at Borger nitrogen operations facility in Texas