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Mosaic (MOS) -5.2% premarket after cutting its forecast for phosphate and potash sales, citing...

Mosaic (MOS) -5.2% premarket after cutting its forecast for phosphate and potash sales, citing uncertain supply contracts from China, which has been aggressively negotiating for lower potash prices. Canaccord Genuity lowers its rating to Hold from Buy, with a $55 price target cut from $65, in light of the outlook for potash; the firm also cuts Potash to Hold. POT -1.2%, AGU -0.9%, CF -1.5%.
Comments (1)
  • Watching CF.
    14 Nov 2012, 09:44 AM Reply Like
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