PREMARKET ALERT: Mosaic Co. (MOS)
Posted in GeneralJuly 16th, 2009
Mosaic Co. (NYSE: MOS) shares are up roughly 12 percent to $50 on early premarket volume of about 20,000 shares. Speculation is rising that Vale SA (VALE) may make a $25 billion bid for Mosaic, following a report in the publication Estado. Some other agriculture and fertilizer stocks are rising in premarket trading on the news, including Potash Corp. (NYSE: POT), up more than 3 percent to $91.14 on early volume of more than 6,000 shares. — Mike Tarsala
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