Hedge Fund Claims Success in Board Fight at Agrium
thinkstockJana Partners said this morning that it “appears” as if two of its candidates have been elected to the board of directors of fertilizer maker Agrium Inc. (NYSE: AGU). Jana, a U.S.…
thinkstockJana Partners said this morning that it “appears” as if two of its candidates have been elected to the board of directors of fertilizer maker Agrium Inc. (NYSE: AGU). Jana, a U.S.…
U.S. equity markets opened higher this morning following a two-day run of losses. No significant data was scheduled to be released in the U.S. today, so investors were guided by corporate earnings…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Alcatel-Lucent S.A. (NYSE: ALU) was given positive comments on its new CEO but…
U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both manufacturing and…
thinkstockAnalysts at Credit Suisse today have initiated coverage on what they call the North American Agricultural Sciences sector with a look a seven fertilizer makers. Some of the companies have performed well over…
thinkstockCanada’s potash marketing and trading company, Canpotex Ltd., said today that it has signed an agreement with a subsidiary of China’s Sinofert for 1 million tons of potash in the first half…
U.S. equity markets opened lower this morning as traders and investors tried to sort out their reactions to the re-election of President Obama. The initial reaction is that the U.S. economy is…
U.S. equity markets opened higher this morning as investors seemed to prefer a little risk trading on U.S. election day. Asian markets were cautious ahead of today’s elections, while in Europe some…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday morning. Agrium Inc. (NYSE: AGU) named as Bull of the…
The three major US stock indexes opened about 1% higher this morning following the news that non-farm payrolls grew by a much larger-than-expected 163,000 (our coverage here). Once investors warmed up to…
Agrium Inc. (NYSE: AGU) reported second-quarter adjusted earnings per share (EPS) of $5.47 and $6.83 billion in revenue before markets opened today. EPS for the same period a year ago came to…
The three major US stock indexes opened lower this morning as the Bank of England left interest rates alone (our coverage here) and the European Central Bank (ECB) did the same (our…
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 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…