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Potash Corporation of Saskatchewan Inc (POT)

POT on New York Consolidated

16.61USD
19 May 2017
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Latest Key Developments (Source: Significant Developments)

Potash Corp declares quarterly dividend
Wednesday, 10 May 2017 04:26pm EDT 

May 10 (Reuters) - Potash Corp :Potash Corporation Of Saskatchewan Inc declares quarterly dividend.Sets quarterly dividend of $0.10 per share.  Full Article

Israel Chemicals first quarter revenue up
Wednesday, 10 May 2017 06:30am EDT 

May 10 (Reuters) - ICL Israel Chemicals Ltd , ICL.N:Israel Chemicals (ICL) reported on Wednesday first quarter revenue of $1.3 billion versus $1.27 billion a year earlier..ICL reported adjusted net profit of $68 million for the quarter, versus $85 million a year earlier..The company's quarterly revenue view was $1.32 billion and adjusted net profit view $63.3 million, according to Thomson Reuters I/B/E/S.ICL declared a quarterly dividend of $34 million..  Full Article

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

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 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

Potash Corp posts Q4 earnings of $0.07 per share
Thursday, 26 Jan 2017 06:48am EST 

Potash Corporation Of Saskatchewan Inc : Potash Corp announces preliminary full-year 2016 earnings . Q4 nitrogen sales volume 1.6 million tonnes versus 1.6 million tonnes in Q3 . Q4 phosphate sales volume 0.7 million tonnes versus 0.8 million tonnes in Q3 . Sees FY 2017 earnings per share $0.35 to $0.55 including items . Q4 earnings per share view $0.09 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.07 . Q4 potash sales volumes 2.2 million versus 2.5 million tonnes in Q3 . Currently undergoing an impairment assessment of carrying value of certain assets, with a particular focus on phosphate . Q4 nitrogen average realized sales price $182 per tonne versus $200 per tonne in Q3 . Impact of assessment is not reflected in preliminary qtrly results . Initiated Rocanville ramp-up; expect company-wide potash cost of goods sold to decline by approximately $10 per-tonne in 2017 . Q4 average realized phosphate price $404 per tonne versus $385 per tonne in Q3 . Q4 potash average realized potash price $157 per tonne versus $150 per tonne in Q3 . Forecast full-year potash gross margin of $550-$800 million . Maintain our global potash shipment estimate of 61-64 million tonnes for 2017 . Forecast combined nitrogen and phosphate gross margin will be in range of $150-$400 million in 2017 . Q4 sales $1,058 million versus $1,354 million last year.  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

Potash Corporation of Saskatchewan declares quarterly dividend
Wednesday, 25 Jan 2017 04:38pm EST 

Potash Corp - : Potash Corporation of Saskatchewan Inc declares quarterly dividend .Sets quarterly dividend of $0.10 per share.  Full Article

Signor Lodging acquires 1,056 room lodging facility from Potash Corp
Thursday, 12 Jan 2017 07:10am EST 

Potash Corporation Of Saskatchewan Inc : Centerboard Group Portfolio Company, Signor Lodging, acquires 1,056 room lodging facility from Potash Corporation of Saskatchewan . Purchase was funded from Signor's existing cash on hand .Centerboard Group says Signor intends to relocate purchased assets to U.S..  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

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SQM governance changes no signal of Potash Corp interest in bigger stake: CEO

NEW YORK Governance changes at Chile lithium producer SQM, which give shareholder Potash Corp of Saskatchewan greater influence, do not reflect any intent by Potash to raise its stake, Potash Corp's chief executive said on Thursday.