Corn is going to wreck whatever gasoline savings we had going into summer. By driving up the cost of the ethanol gasoline additive and by driving up feed costs for animals, the…
Fertilizer maker Potash Corp. of Saskatchewan Inc. (NYSE: POT) is expected to report earnings on Thursday, and post earnings per share (EPS) of $1.02 on revenue of $2.37 billion. A year ago…
The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story that suggested…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall S. research calls this Monday morning. Biogen Idec Inc. (NASDAQ: BIIB) started as Outperform at Leerink Swann. Cinemark Holdings (NYSE:…
The three major US stock indexes opened higher this morning in advance of Fed Chairman Ben Bernanke’s semi-annual report to Congress and following some data on inflation (more coverage here), industrial production,…
By now you know about the drought engulfing U.S. farmers throughout much of the United States. While Texas has been getting the rain it missed in all of 2011, the drought is…
The three major US stock indexes opened lower this morning following some lackluster data on the US economy. The Empire State manufacturing data improved, but retail sales posted an unexpected decline (our…
The projected US corn crop is currently in worse condition than it’s been in since 2002, which were then the worst since 1990. Only 56% of this year’s crop was judged to…
Warmer and drier weather in the US Midwest is raising concerns about the corn and soybean crops. If such weather continues, it could reduce the harvest and drive crop prices up. Corn…
Fertilizer and seed giant Monsanto Co. (NYSE: MON) today revised its third quarter and full year guidance above current consensus estimates and the shares are getting a nice boost on an otherwise…
Getting any respect in the fertilizer business has been pretty tough so far this year. We’ll have to wait about an hour or so this morning to see if Agrium Corp. (NYSE:…
Potash Corp. of Saskatchewan, Inc. (NYSE: POT) appears to have the fertilizer and potash sector off to some concerns during earnings season. The culprit appears to be weaker than expected demand followed…
Jon C. Ogg The trend of higher dividends is not over and we should expect more dividend hike announcements elsewhere this earnings season. After the close on Thursday came word that Dow Chemical Company (NYSE:…
Seed and fertilizer maker Monsanto Co. (NYSE: MON) reported second fiscal quarter earnings this morning that set a record for the quarter. The company also boosted its EPS outlook for the full…
Markets opened lower this morning but fought back on the day. This morning’s report new unemployment benefits claims tamped down enthusiasm among investors (our coverage here). US natural gas inventories rose much…
