Key Developments: Potash Corporation of Saskatchewan Inc (POT)
43.59USD
17 May 2013
$-0.19 (-0.43%)
$43.78
$43.35
$44.13
$43.30
6,064,254
4,154,194
$46.16
$36.73
Latest Key Developments (Source: Significant Developments)
Potash Corporation of Saskatchewan Inc Increases Dividend By 25%
Potash Corporation of Saskatchewan Inc announced that its Board of Directors has approved an increase of the Company's quarterly cash dividend (from $0.28 per share to $0.35 per share), and declared a quarterly cash dividend of $0.35 per common share payable August 2, 2013 to shareholders of record on July 12, 2013. Full Article
Potash Corporation of Saskatchewan Inc Issues Q2 2013 EPS Guidance Below Analysts' Estimates; Reaffirms FY 2013 EPS Guidance
Potash Corporation of Saskatchewan Inc announced that for second quarter of 2013, it expects earnings to be in the range of $0.70-$0.85 per share (EPS). The Company reaffirmed fiscal 2013 EPS guidance of $2.75-$3.25. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.89 for second quarter of 2013 and EPS of $3.00 for fiscal 2013. Full Article
Potash Corporation of Saskatchewan Inc Issues FY 2013 EPS Guidance In Line With Analysts' Estimates; Issues Q1 2013 EPS Guidance Below Analysts' Estimates
Potash Corporation of Saskatchewan Inc announced that it forecasts first-quarter 2013 net income per share in the range of $0.50-$0.65 and between $2.75 and $3.25 per share for fiscal 2013. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.68 for the first quarter of 2013 and EPS of $3.18 for fiscal 2013. Full Article
Potash Corporation of Saskatchewan Inc Increases Dividend By 33 %
Potash Corporation of Saskatchewan Inc announced that Board of Directors has approved an increase of the Company's quarterly cash dividend (from $0.21 per share to $0.28 per share), and declared a quarterly cash dividend of $0.28 per common share payable May 2, 2013 to shareholders of record on April 11, 2013. Full Article
Potash Corporation of Saskatchewan Inc Settles Antitrust Cases in United States
Potash Corporation of Saskatchewan Inc announced that it and its wholly owned subsidiary PCS Sales (USA) Inc. have settled eight private antitrust lawsuits, which were filed by direct and indirect purchasers of potash in the United States in U.S. federal courts in 2008, for a total of $43.75 million. The settlements are subject to final approval of the U.S. District Court for the Northern District of Illinois. PotashCorp expressly denies any wrong-doing but decided to settle after weighing the multi-year financial cost and resources that would be required to defend these meritless allegations. The other potash producers who were defendants in these cases also have settled with the plaintiffs. Full Article
Potash Corporation of Saskatchewan Inc Declares Quarterly Dividend
Potash Corporation of Saskatchewan Inc announced that Board of Directors has declared a quarterly dividend of $0.21 per share payable February 7, 2013 to shareholders of record January 17, 2013. Full Article
Israeli Officials To Meet Potash Corporation of Saskatchewan Inc Executives Over ICL Israel Chemicals Ltd Bid-Reuters
Reuters reported that Israeli officials plan to meet executives of Canada's Potash Corporation of Saskatchewan Inc in the next week before deciding on whether to allow the fertilizer producer's proposed $13.5 billion takeover of ICL Israel Chemicals Ltd to move forward. Full Article
Potash Corporation of Saskatchewan Inc Lowers FY 2012 EPS Guidance
Potash Corporation of Saskatchewan Inc announced that EPS guidance for fiscal 2012 is lowered to $2.40-$2.60 per share which includes the impacts of the $0.39 per share adjustment for a Sinofert impairment charge recognized in the second quarter of 2012. Full Article
Potash Corporation of Saskatchewan Inc Lowers FY 2012 EPS Guidance; Sees Q3 2012 EPS Guidance At Low End Of Prior Range
Potash Corporation of Saskatchewan Inc announced that earnings guidance for fiscal 2012 will fall below the low end of the previous range of $2.80-$3.20 per share provided in July 2012. The change primarily reflects lower than forecasted potash sales volumes due to delays in new contracts with buyers in China and India. Earnings for the third-quarter 2012 are expected to be at the low-end of the $0.70-$0.90 per share guidance range previously provided. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.83 for the third quarter of 2012 and EPS of $3.34 for fiscal 2012. Full Article
Potash Corporation of Saskatchewan Inc Increases Dividend
Potash Corporation of Saskatchewan Inc announced that its Board of Directors has approved an increase of the company's quarterly cash dividend (from $0.14 per share to $0.21 per share), and declared a quarterly cash dividend of USD0.21 per common share payable November 5, 2012 to shareholders of record on October 15, 2012. Full Article
UPDATE 1-Potash Corp hikes dividend 25 pct as expansion winds down
NEW YORK, May 15 - Potash Corporation of Saskatchewan said on Wednesday it will hike its dividend by 25 percent, as it winds down a 10-year mine expansion program that will free up cash.
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