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The Mosaic Company (MOS)

  • Oct. 2, 2012, 7:20 AM
    More on Mosaic (MOS): Lower phosphate sales (off 30%) and prices (off 8%) are behind an 18.4% Y/Y decline in earnings and 19.3% decline in revenues. Potash sales of 1.9M tons come in at the week end of expectations, thanks to soft demand in China and India. FQ2 guidance: Phosphate sales of 3-3.4M tons (vs. FQ1 of 2.7M) and potash sales of 1.6-1.9M tons (vs. FQ1 of 1.9M). Shares -1.7% premarket. (PR)
    | Oct. 2, 2012, 7:20 AM | Comment!
  • Oct. 2, 2012, 7:04 AM
    Mosaic (MOS): FQ1 EPS of $1.01 misses by $0.15. Revenue of $2.5B in-line. (PR)
    | Oct. 2, 2012, 7:04 AM | 1 Comment
  • Oct. 2, 2012, 12:05 AM
    Notable earnings before Tuesday’s open: MOS
    | Oct. 2, 2012, 12:05 AM | Comment!
  • Oct. 1, 2012, 5:30 PM
    Notable earnings before Tuesday’s open: MOS
    | Oct. 1, 2012, 5:30 PM | Comment!
  • Sep. 17, 2012, 5:41 PM
    North American potash inventories fell nearly 9% in August at the producer level but were still one-third larger than the five-year average, Potash (POT) reports. Miners are sitting on large stockpiles due to reduced demand from India, the world's no. 2 potash buyer. POT is lowering its surplus a bit by shutting down its Lanigan mine in Saskatchewan for nearly a month.
    | Sep. 17, 2012, 5:41 PM | Comment!
  • Sep. 12, 2012, 2:05 PM
    Citi upgrades Agrium (AGU +2%) to Buy, believing nitrogen demand will be strong in the coming year as farmers prepare for a rebound in the corn harvest and demand for ag retail products will be strong. But in cutting Potash (POT -1.6%) to Neutral, Citi says India and China remain a risk to the market, and it sees flat potash prices through next year.
    | Sep. 12, 2012, 2:05 PM | Comment!
  • Sep. 12, 2012, 1:38 PM
    Russian-based potash producer Uralkali says it expects India's potash imports to be reduced to 3.5M-4M tons - as well as limit the room for possible price increases - due to cuts in government subsidies on phosphatic and potassic fertilizers. The company cites high potash retail prices and below-average monsoon rains, which caused weak consumption/demand.
    | Sep. 12, 2012, 1:38 PM | Comment!
  • Aug. 28, 2012, 3:28 PM
    Mower maker Toro Co. (TTC -0.6%) says it's adding a fertilizer company executive to its board, naming James O'Rourke, former COO at The Mosaic Co. (MOS), as a director, bringing its number to 10. Mr. O'Rourke, has experience which the company believes could help TTC expand in irrigation and equipment markets.
    | Aug. 28, 2012, 3:28 PM | Comment!
  • Aug. 22, 2012, 11:18 AM
    Mosaic (MOS -0.7%) is resumed with a Buy rating and $73 target price at Stifel Nicolaus, which believes potash prices will rally over the next 12 months based on two catalysts: the industry's ability to maintain stable prices by cutting production, and falling producer inventory levels and logistical constraints as issues in the coming application season.
    | Aug. 22, 2012, 11:18 AM | Comment!
  • Aug. 15, 2012, 12:39 PM
    Barclays initiates coverage of fertilizer firms with a Neutral rating after the recent run-up, yet it still sees attractive upside in top pick CF Industries (CF +0.8%) and others. Crops' demand for nitrogen is relentless, even in a highly uncertain world, the firm says in starting AGU, MOS and CF at Overweight with respective $111, $68 and $250 price targets.
    | Aug. 15, 2012, 12:39 PM | Comment!
  • Aug. 2, 2012, 11:10 AM
    Dahlman Rose turns cautious on fertilizer shares, believing upside from the 2013-14 crop has largely played out and drought conditions introduce a multitude of downside risks which outweigh the rewards, especially if ethanol comes into the mix. The firm downgrades POT -2.4%, AGU -0.2% and RNF -1.6% to Hold but keeps MOS -1.2% and CF -0.2% at Buy.
    | Aug. 2, 2012, 11:10 AM | 3 Comments
  • Aug. 1, 2012, 12:20 PM
    Price spikes in corn tend to be followed by consolidation periods lasting several months, but even if the easy money has been made, Ned Davis Research says specialty chemicals should still outperform. Stocks with high sensitivity to the price of corn - including POT, MOS, CF and ROC - have beaten the S&P 500 by an average ~25% in the year after a corn spike.
    | Aug. 1, 2012, 12:20 PM | 1 Comment
  • Jul. 23, 2012, 3:39 PM
    Expect Mosaic (MOS) shares to begin reacting more to the recent surge in grain prices, Citi says in upgrading the stock to Buy and adding it to its Top Picks list. The historic correlation may have been disrupted temporarily, but the firm sees no reason to suspect any change in long-term fundamentals. Citi now prefers MOS to POT, and expects shares to hit $66; the firm also lifts target prices on AGU and CF.
    | Jul. 23, 2012, 3:39 PM | Comment!
  • Jul. 19, 2012, 5:50 PM
    Mosaic (MOS) declares $0.25/share quarterly dividend, 100% increase from prior dividend of $0.125. Forward yield 1.7%. For shareholders of record Aug 02. Payable Aug 16. Ex-div date July 31. (PR)
    | Jul. 19, 2012, 5:50 PM | 2 Comments
  • Jul. 18, 2012, 10:41 AM
    The corn crop is gone, says Dennis Gartman, and despite already high prices, corn and corn-related shares should be bought on any weakness. Stay away from fertilizer stocks, however tempting as they may be as a proxy to corn. Buying them on the premise that laying more fertilizer will save the crop is just a "silly idea," Gartman quips. Fertilizer may be needed next year, but right now, anybody who's laid some down already wishes they hadn't because the crop is completely destroyed. (video)
    | Jul. 18, 2012, 10:41 AM | 36 Comments
  • Jul. 17, 2012, 3:28 PM
    Fertilizer names enjoy gains after Mosaic's (MOS +5.6%) Q2 results, including better than expected earnings and revenues. CEO Jim Prokopanko brushes aside concerns that severe drought would hurt fertilizer demand, saying high crop prices and evidence of soil deficiencies of phosphate and potash in the farm belt would drive sales. Piggybacking MOS: POT +2.9%, CF +2.3%, AGU +1.1%.
    | Jul. 17, 2012, 3:28 PM | Comment!
Company Description
Mosaic Co produces and markets concentrated phosphate and potash crop nutrients. It is organized into the two business segments: Phosphates and Potash.