Posts for Ticker ‘CF’

Top Day Trader Alerts (AIG, AONE, MBI, PALM, SIGM, REGN, CADX, TRA, CF, AGU, BRCD)

These are this morning’s top day trader and active trader alerts seen in the pre-market trading hours.  We also included some options color from yesterday.  A link has been provided for more detailed analysis and data for each stock over at VSInvestor.com:

American International Group, Inc. (NYSE: AIG) is down only about 2% after reports that the company could find itself leaderless again.

A123 Systems, Inc. (NASDAQ: AONE) is trading down 3% after earnings and concerns over a partnership.

MBIA Inc. (NYSE: MBI) is trading up over 3% this morning after getting crushed yesterday, M.J. Whitman’s Third Avenue took a stake.

Palm Inc. (NASDAQ: PALM) is running over 3% on an analyst call.

Sigma Designs, Inc. (NASDAQ: SIGM) is down 8% on a downgrade.

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) is trading up 10% after Sanofi-Aventis expanded its antibody pact substantially.

We have many options on watch as well:

  • Cadence Pharmaceutical Inc. (NASDAQ: CADX) is one to watch with a huge binary volatility trade ahead of the 11/13 PDUFA date for Acetavance as a treatment for acute pain.
  • There was some interesting options trading seen yesterday in the trifecta fertilizer merger war via Terra Industries Inc. (NYSE: TRA), CF Industries (NYSE: CF), and Agrium (NYSE: AGU).
  • Brocade Communications Systems, Inc. (NASDAQ: BRCD) gave a stock and option alert yesterday, but it went even more active in options with the NOV09 $9 CALLS seeing 24,450 contracts and the NOV09 $10 CALLS seeing 17,432 contracts.

You can join our open email distribution list which goes out several times per week to be notified of key merger news, key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: November 11, 2009 – 9:09 am in Pre-Market Activity, Trading Alert, , , , , , , , , , ,

52-Week High Club

CF Industries Holdings Inc (NYSE: CF) rallied over 4% to a yearly high of $95.06 after Agrium Inc. announced that it had extened its offer to acquire CF Industries holding for $40 in cash and a share of Agrium per share of CF Industries Holdings.

Gannett Co. Inc. (NYSE: GCI) hit a yearly high of $14.02 after the company’s earnings beat analyst estimates.

iPCS Inc. (NASDAQ: IPCS) rallied over 30% to a yearly high of $23.95 after Sprint Nextel announced that it had entered into an agreement to acquire the company for roughly $831 million, with the shares valued at $24.

Garrett W. McIntyre

Posted on: October 19, 2009 – 4:17 pm in Agriculture, Media, Old Media, Telecom, , , , ,

Fertilizer Wars Heat Up Again (CF, TRA, AGU, MOO)

magazin

Fertilizer maker CF Industries Holdings, Inc. (NYSE:CF) said it has purchased 7% of the shares of competitor Terra Industries Inc. (NYSE:TRA) on the open market. CF has also renewed its offer to purchase the remaining shares of Terra, this time for about $4 billion. The latest offer values Terra at about $40/share and includes a $7.50/share adjustment to pay for a special dividend that Terra proposes to issue to its shareholders.

CF Industries is itself trying to resist a buyout from Canadian fertilizer maker Agrium Inc. (NYSE:AGU), which last week extended its exchange offer for CF until October 22nd. That offer includes $40/share in cash plus one share of Agrium stock for each share of CF stock. Read More »

Posted on: September 29, 2009 – 10:16 am in Agriculture, , , ,

New Fertilizer Dump, India and USDA (POT, MOS, AGU, CF, TRA, TNH, IPI, MOO)

Broken Money Merger ImageFertilizer stocks just can’t catch a break.  If it isn’t an official earnings warning to watch out for or the stock market and economic growth concerns, then it government data.  New data reported from the U.S. Department of Agriculture has raised concerns that farmers are going without fertilizer.  Add in a report of another price drop in potash in India and you have the double whammy.  Potash Corp. of Saskatchewan, Inc. (NYSE: POT), Mosaic Co. (NYSE: MOS), Agrium Inc. (NYSE: AGU), CF Industries Holdings, Inc. (NYSE: CF), Terra Industries Inc. (NYSE: TRA), Terra Nitrogen Company, L.P. (NYSE: TNH), and Intrepid Potash, Inc. (NYSE: IPI) are all seeing some action today.  Just not good action.  Even the Market Vectors Agribusiness ETF (NYSE: MOO) is getting hit.

Read More »

Posted on: July 10, 2009 – 1:19 pm in Agriculture, Economy, Trading Alert, , , , , , , ,

Potash Earnings Issues Now Credibility Issues (POT, MOS, AGU, CF, TRA, TNH, IPI, MOO)

Burning Money PicPotash Corporation of Saskatchewan Inc. (NYSE: POT) did last night what most traders already feared was coming. The Canadian potash supply giant said that weak demand for its products and lower prices were going to take earnings for the quarter down to about $0.70 EPS versus a previous forecast of $1.10 to $1.50 EPS.  This is hitting other potash and fertilizer companies including Mosaic Co. (NYSE: MOS), Agrium Inc. (NYSE: AGU), CF Industries Holdings, Inc. (NYSE: CF), Terra Industries Inc. (NYSE: TRA), Terra Nitrogen Company, L.P. (NYSE: TNH), and Intrepid Potash, Inc. (NYSE: IPI).  Even the Market Vectors Agribusiness ETF (NYSE: MOO) is indicated to open lower this morning.
Read More »

Posted on: June 26, 2009 – 6:48 am in Agriculture, Earnings Warning, , , , , , , ,

Giving Ag, Potash, and Fertilizers A Second Chance (MON, POT, MOS, IPI, AGU, CF, MOO)

money-stack-imageMonsanto Co. (NYSE: MON), Potash Corp. of Saskatchewan, Inc. (NYSE: POT), Mosaic Co. (NYSE: MOS) and Intrepid Potash,Inc. (NYSE: IPI) are all recovering at least some from yesterday’s major drops.  While Agrium Inc. (NYSE: AGU) and CF Industries Holdings, Inc. (NYSE: CF) are lower again, the declines are minuscule compared to yesterday’s reaction to the news.  Even the Market Vectors Agribusiness ETF (NYSE: MOO) is trading up marginally.  These stocks were crushed yesterday by word of lower demand and lower prices over at K+S in Europe.

Read More »

Posted on: June 18, 2009 – 11:53 am in Agriculture, Technical Analysis, Trading Alert, , , , , , ,

Potash and Fertilizer Stocks Skunked By News From Germany (POT, MOS, MON, AGU, CF, IPI, MOO, SYT)

burning-money-picIf you thought European stock news from companies doesn’t matter, this morning is proof against that notion.  A German company called K+S warned of weak potash demand and announced price cuts and a drop in sales expectations.  It is calling Q2 demand very weak ahead of the fall fertilization.  This news has not yet been issued by US and Canadian fertilizer and potash players, but shares of Mosaic Co. (NYSE: MOS), Potash Corp. of Saskatchewan, Inc. (NYSE: POT), Monsanto Co. (NYSE: MON), Agrium Inc. (NYSE: AGU), CF Industries Holdings, Inc. (NYSE: CF), and Intrepid Potash, Inc. (NYSE: IPI) are getting hammered.  Even the agriculture ETF  such as the Market Vectors Agribusiness ETF (NYSE: MOO) is getting hit along with Syngenta AG (NYSE: SYT).
Read More »

Posted on: June 17, 2009 – 11:45 am in Agriculture, Earnings Warning, Trading Alert, , , , , , ,

Fertilizer Maker Makes Final Plea for Merger (AGU, CF, TRA)

money-stack-image41Tomorrow’s the day that fertilizer maker Agrium Inc. (NYSE:AGU) will find out if its offer for competitor CF Industries Holdings, Inc. (NYSE:CF) is too good for shareholders to refuse. Agrium has mailed yet another letter to CF shareholders today, urging them to withhold votes for three CF-nominated directors. There’s nothing new in the letter, just another encouraging word to shareholders to throw the bums out.
Read More »

Posted on: April 20, 2009 – 9:07 am in Agriculture, Mergers and Buy Outs, , ,

Fertilizer Merger Wars Heating Up (TRA, CF, AGU, MOO)

money-stack-image30The president and CEO of Terra Industries Inc. (NYSE:TRA) has apparently purchased 100 shares of stock in CF Industries Holdings, Inc. (NYSE:CF) and requested CF to provide him with a list of all CF shareholders so that he can get in touch with them. CF’s CEO is not amused. In his reply, he asked why Terra’s chief appears to be more interested in communicating with stockholders than in negotiating a merger agreement with the company.

Read More »

Posted on: April 15, 2009 – 9:23 am in Agriculture, ETF, Insider Activity, Mergers and Buy Outs, , , ,

Fertilizer Mergers in the Backstretch (CF, AGU, TRA)

money-stack-image25The proposed acquisition of CF Industries Holdings, Inc. (NYSE:CF) by Canadian firm Agrium Inc. (NYSE:AGU) is heading for the shareholders’ meeting on April 21st. CF Holdings has received an opinion from RiskMetrics Group, a risk management firm that now owns former Institutional Shareholder Services, supporting the re-election of CF’s three nominees to its board of directors.
Read More »

Posted on: April 13, 2009 – 7:38 am in Agriculture, Mergers and Buy Outs, , ,

Proxy Battle Begins in Fertilizer Deal (AGU, CF, TRA)

money-stack-image9Canadian fertilizer giant Agrium Inc. (NYSE:AGU) today filed its definitive proxy materials with the SEC in its effort to acquire CF Industries Holdings, Inc. (NYSE:CF)  Agrium is asking CF shareholders to withhold votes from CF’s board nominees in an effort to get CF to negotiate a deal. CF’s annual shareholders meeting is scheduled for April 21st.
Read More »

Posted on: April 6, 2009 – 9:39 am in Agriculture, Mergers and Buy Outs, , ,

CF Says ‘No’ Again (AGU, CF)

Agrium Inc. (NYSE:AGU) sweetened its cash offer for CF Industries Holdings, Inc. (NYSE:CF) by more than 10% last week. CF Industries has rejected the latest offer, repeating what has become CF’s mantra: “Agrium’s offer is grossly inadequate, substantially undervalues CF Industries and is not in the best interests of CF Industries and its stockholders.”

CF shares are down more than 3% and Agrium shares are off more than 6% in early trading this morning.  This story keeps getting older and older on the surface.  The real question is if all of the merger denials here make the ag-sector and fertilizer sector worth more.

Paul Ausick
March 30, 2009

Posted on: March 30, 2009 – 8:51 am in Agriculture, Mergers and Buy Outs, ,

Fertilizer Merger Getting Richer (AGU, CF, TRA)

money-stack-image60We’ve been watching the fertilizer industry’s merger triangle of Agrium Inc. (NYSE: AGU), CF Industries Holdings, Inc. (NYSE: CF), and Terra Industries, Inc. (NYSE: TRA) for a while now. In the latest development, Agrium has just raised the cash portion of its offer for CF by more than 10%, to $35/share. The offer also includes a one-for-one exchange of CF shares for Agrium shares.
Read More »

Posted on: March 27, 2009 – 9:37 am in Agriculture, Mergers and Buy Outs, , ,

Fertilizer Makers Won’t Dance (CF, AGU, TRA)

money-stack-image49For the second time in as many weeks, CF Industries Holdings, Inc. (NYSE:CF) has rejected an offer from Agrium Inc. (NYSE:AGU), saying that “Agrium’s offer is grossly inadequate, substantially undervalues CF Industries and is not in the best interests of CF Industries and its stockholders.”  CF repeats its claim that the Agrium offer is “opportunistic,” as well as an attempt to torpedo CF’s bid to takeover Terra Industries (NYSE:TRA).

Read More »

Posted on: March 23, 2009 – 8:45 am in Agriculture, Mergers and Buy Outs, , ,

Agrium-CF-Terra Merger Triangle Gets Hostile (AGU, CF, TRA)

money-stack-image18Agrium Inc.(NYSE: AGU) does not want to give up on its merger intentions.  The company issued a statement saying that the rejection by CF Industries Holdings, Inc. (NYSE: CF) of its proposed acquisition is a disappointment.  Agrium said this is a fully financed offer of 1 Agrium common share plus $31.70 in cash per share, which comes to $72.00 per CF common share.
Read More »

Posted on: March 9, 2009 – 2:03 pm in Agriculture, Mergers and Buy Outs, , ,

Opportunism Everywhere in Fertilzer Business (CF, AGU, TRA, MOO)

money-stack-image16Fertilizer maker CF Industries Holdings, Inc. (NYSE: CF) this morning rejected a buyout offer from Canada’s Agrium, Inc. (NYSE: AGU). The stock and cash offer was valued at about $72/share of CF stock.  Last week,  Terra Industries, Inc. (NYSE: TRA), a fertilizer maker, rejected CF’s $2.1 billion all stock bid.

Read More »

Posted on: March 9, 2009 – 9:02 am in Agriculture, Mergers and Buy Outs, , , ,

Fertilizer Triangle Now a Twosome, Maybe (TRA, CF, AGU)

money-stack-image11Barely a week ago, we noted that Terra Industries, Inc. (NYSE: TRA) was likely to refuse an unsolicited offer from CF Industries Holdings, Inc. (NYSE: CF) because the deal included only 0.4325 shares of CF stock for each Terra share, and no cash. This morning, our prediction came true, for a slightly more complicated reason.
Read More »

Posted on: March 5, 2009 – 9:17 am in Agriculture, Mergers and Buy Outs, , ,

Something Brewing At Mosaic? (MOS, AGU, CF, TRA)

money-stack-image7Mosaic Co. (NYSE: MOS) was lost in the financial shuffle today.  Perhaps it should not have been.  The stock rose up 8.5% at $43.05 today on more than double the normal volume.  Options were extremely active too.

Read More »

Posted on: February 27, 2009 – 5:10 pm in Agriculture, Mergers and Buy Outs, Rumors, Trading Alert, , , ,

Fertilizer, Ag, and Potash… Almost Cool Again (AGU, MOS, TRA, IPI, POT, CF)

Money_stack_pic_2There have been several research calls in the potash, agriculture, and fertilizer sector this morning which have pushed stocks higher.  Agrium Inc. (NYSE: AGU), Mosaic Co. (NYSE: MOS), Terra Industries Inc. (NYSE: TRA), Intrepid Potash, Inc. (NYSE: IPI), Potash Corp. of Saskatchewan, Inc. (NYSE: POT), and CF Industries Holdings, Inc. (NYSE: CF) are all trading higher.

Read More »

Posted on: December 16, 2008 – 10:07 am in Agriculture, Analyst Calls, Trading Alert, , , , , ,

Top Pre-Market Analyst Upgrades (AER, AGU, CF, GVA, MFLX, OMRI, PM, PFG, TRA)

These are some the top pre-market upgrades from analysts we have seen with more than two hours until the market opens this Tuesday morning:

  • AerCap (AER) Raised to Buy at Citigroup.
  • Agrium (AGU) Raised to Buy at Citigroup.
  • CF Industries (CF) Raised to Buy at Citigroup.
  • Granite Construction (GVA) Raised to Neutral at Goldman Sachs.
  • Multi-Fineline Electronix (MFLX) Raised to Buy at Needham.
  • Omrix Biopharma (OMRI) Raised to Buy at UBS.
  • Philip Morris International (PM) Raised to Outperform at Credit Suisse.
  • Principal Financial (PFG) Raised to Market Perform at FBR.
  • Terra Industries (TRA) Raised to Buy at Citigroup.

Jon C. Ogg
November 3, 2008

Posted on: November 4, 2008 – 7:40 am in Analyst Calls, , , , , , , , ,