Monsanto Set Up For Earnings (MON)
Monsanto Co. (NYSE: MON) is set to report earnings on Wednesday morning pre-market with a conference call to follow at 9:30 AM EST opening bell. The seed and agricultural giant is expected to see…
Commodities & Metals
All Commodities & Metals Articles
Newest first · Page 125Reliance Steel Surges To All-Time Highs on Guidance (RS)
Reliance Steel & Aluminum Co. (NYSE: RS) is seeing a surge in pre-market trading this Tuesday after the company raised its guidance. Reliance expects its earnings to now come in a range of $2.00…
Bunge (BG) Bets The Farm, Doubles Down On Corn
Bunge (BG), which has a big business in finished corn products, is buying Corn Products International (CPO) for $4.4 billion. CPO’s name pretty much says how it makes its money. The price is a…
Mosaic Looks To Unload Nitrogen Fertilizer Venture (MOS)
The Mosaic Company (NYSE: MOS) and Investment Saskatchewan have announced that they are seeking a buyer for Saskferco Products Inc. This is a joint venture of Canadian government and Mosaic. Mosaic says that this…
Lindsay Sell-Off Hits Valmont Unusually Hard (LNN, VMI)
Lindsay Corporation (NYSE: LNN) is seeing a severe reaction to its earnings report this morning. In fact, the fallout is hitting competitors rather hard as well. We first noticed this one over in our…
TSX Lists New Emerging Potash Player (XOM)
The Toronto Stock Exchange has granted a final approval for an emerging potash player to list its shares on the TSX. Potash One Inc. will trade under the ticker "KCL" on the TSX starting…
Agrium and Ag Still Rocking (AGU)
Agrium Inc. (NYSE: AGU) is seeing a surge in shares this morning after the agriculture player raised its guidance for part of 2008. The firm raised guidance for its second quarter to $2.80 to…
Buy Corn, The Ain’t Making Any More Of It
Buy land. They ain’t making any more of the stuff.–Will Rogers Corn prices, up 47% this year, are likely to rise again. The heavy rain in the Midwest is killing off some of the…
S&P Lifts Mosaic To Investment Grade (MOS)
The Mosaic Co. (NYSE: MOS) has just received an Investment Grade rating from independent ratings agency Standard & Poor’s Ratings Services. The bond rating service has raised its corporate credit rating on to ‘BBB-‘…
2008 to 2009: The Major Inflation Years (DOW, DD, HUN, EK, POT)
This week set one specific outcome in motion: price hikes equals inflation. We saw several major producers announce price hikes, and that is on the heels of other price hikes elsewhere that have been…
UN Wants Genetic Crops (MON)
The UN sees food prices staying high for years.That not only undermines much of the global economy, it means a great many people don’t eat at all. The UN’s solutions are to kill bio-fuel…
US Government Low-Balls Food Inflation Numbers
The US government now says that food prices will rise 5.5% this year. The previous forecast was 4.5%. According to The Wall Street Journal "The forecast released Monday by the Agriculture Department is the…
IPO FILING: Metals USA Holdings (MUX)
Metals USA Holdings Corp. has filed to come public this morning via an initial public offering. The company is taking the proposed ticker of "MUX" on NYSE. For filing purposes, it intends to sell…
Uranium Resources Raising Cash For More Deals (URRE, BHP)
Uranium Resources, Inc. (NASDAQ: URRE) announced this morning that it entered into a private placement based on the closing prices yesterday after the close. While it does not imply that BHP Billiton Ltd. (NYSE:…
A Deere, a Cat & a Titan All Stuck in the Headlights (DE, CAT, TITN)
Deere & Co. (NYSE: DE) shares are going to be a drag today. The giant manufacturer of farm and construction machinery posted $1.74 EPS on a 19% revenue fain to $7.47 Billion. First Call…