Potash Corp. climbed $7.40, or 5.1 percent, to $152.07 at 4:15 p.m. in New York Stock Exchange composite trading. The percentage gain was the biggest since Aug. 17. The Saskatoon, Saskatchewan-based company has risen 40 percent this year.
NFL to top growth among provinces
Saskatchewan’s real gross domestic product will rise by 3.9% in 2011 and 4.5% in 2012. It is the fastest growth of all the provinces. The booming potash industry and increasing energy revenues will bolster the economy, according to the Provincial Outlook Winter 2011. Read More...
BHP’s CEO Says M&A on Agenda After Investment Pledge
Regulatory concerns are impeding iron-ore takeovers by the world’s largest mining company, though BHP’s potash, copper, and oil and gas businesses aren’t constrained in the same way, Kloppers told the Australian Broadcasting Corp. Read More...
DEFICITS WEIGH ON PROVINCIAL ECONOMIES IN 2011
Most Canadian provinces are turning their attention to reducing fiscal deficits this year, which will restrain government spending and weaken their economic growth prospects in 2011, according to The Conference Board of Canada's Provincial Outlook-Winter 2011. Read More...
Potash Outlook Fails To Lift Fertilizer Stocks
A bullish 2011 outlook from Potash Corp of Saskatchew (POT), the world’s largest fertilizer producer, is certainly good news for the company, but the headlines are failing to help the broader fertilizer sector today. The Agricultural Chemical and Fertilizer Stocks Index is lower by 0.4% today and Potash is one of only a few Index members in positive territory.Read More...
Has Potash Peaked?
earnings release from Potash Corporation of Saskatchewan (NYSE:POT). It was not the 2010 earnings recap that had market stakeholders holding their breath; it was Potash Corporations statements on their 2011 potash market expectations. As the world's largest potash producer, Potash Corporation of Saskatchewan's statement would provide key insight into the health of the global potash sector Read More...
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