News: Potash Corporation of Saskatchewan Inc (POT)

POT on New York Consolidated

34.90USD
17 Apr 2014
Price Change (% chg)

$-0.11 (-0.31%)
Prev Close
$35.01
Open
$34.94
Day's High
$35.04
Day's Low
$34.66
Volume
4,262,775
Avg. Vol
5,651,357
52-wk High
$44.13
52-wk Low
$28.55

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Mon, Apr 7 2014

CANADA STOCKS-TSX drops for 3rd day as jitters gain the upper hand

(Adds details, comments from strategist; updates prices) * TSX falls 122.77 points, or 0.85 percent, to 14,270.33 * Eight of the 10 main index sectors decline * Potash Corp slips after it names its next CEO By John Tilak TORONTO, April 7 - Canada's main stock index fell sharply on Monday, retreating for a third straight session, as increasing nervousness about the durability of recent market gains joined with sluggish commodity prices to drag down most of the index

Next Potash Corp CEO likely to keep priority on price

- The next chief executive of Canada's Potash Corp of Saskatchewan , the world's biggest fertilizer producer, is likely to stick with the company's strategy of supporting prices by managing supply, rather than shifting to a volume-driven scramble for market share.

India cuts potash subsidy by nearly a fifth for 2014/15

MUMBAI, March 28 - India has cut potash subsidy by nearly a fifth to 9,400 rupees ($160) per tonne for the year starting April in an effort to contain a ballooning fiscal deficit, a government source and an industry official told Reuters.

UPDATE 1-Israel Corp may sell up to 7 pct of ICL in stock listing

(Adds details, background, ICL Q4 results, share reaction)

India to cut potash subsidy by almost a fifth, hitting demand-sources

* Subsidy to be cut to 9,300 rupees/T for 2014/15 from 11,300 rupees

UPDATE 1-Potash Corp CEO says Uralkali-Belaruskali reunion 'logical'

Feb 25 - Potash Corp of Saskatchewan chief executive officer Bill Doyle said on Tuesday it was "logical" to expect potash rivals Uralkali OAO of Russia and Belaruskali to reunite at some point in a move that could bolster the struggling potash industry.

CANADA STOCKS-TSX climbs as sentiment improves; Potash slips

* TSX up 92.06 points, or 0.67 percent, at 13,735.28 * Nine of 10 main index sectors advance * Potash drops nearly 2 percent after quarterly report * Gold-mining shares slip with the price of bullion By John Tilak TORONTO, Jan 30 - Canada's main stock index advanced on Thursday as sentiment rebounded after the release of positive economic data from the United States, helping overcome a weak quarterly report from Potash Corp that pulled the company's shares lower.

UPDATE 4-Potash Corp sees weaker than expected year ahead, shares dive

Jan 30 - Potash Corp of Saskatchewan , the world's biggest fertilizer company, on Thursday reported its smallest quarterly profit in four years and produced 2014 forecasts that were well below Wall Street expectations.

CANADA STOCKS-TSX steady as market digests Fed move, weak Potash results

* TSX up 14.71 points, or 0.11 percent, at 13,657.93 * Nine of 10 main index sectors advance * Potash drops 4.5 percent after quarterly report * Gold-mining shares slip with price of bullion By John Tilak TORONTO, Jan 30 - Canada's main stock index was little changed on Thursday as investors processed the U.S. Federal Reserve's decision to further scale back its stimulus and a weak quarterly report from Potash Corp that sent the company's shares lower. Shares o

Potash Corp posts drop in profit, sees weaker year ahead

Jan 30 - Potash Corp of Saskatchewan , the world's biggest fertilizer company, reported a sharply lower quarterly profit on Thursday and said it expected a weaker year in 2014.

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