Posts Tagged ‘AGU’

Options Alert in Terra-Agrium-CF Merger Saga (TRA, CF, AGU)

Terra Industries Inc. (NYSE: TRA) is seeing a lot of options action today with 17,164 calls trading as of 2:00 PM EST, and 45% offer side buying with shares at $35.65.  Interestingly enough, a trader bought 5,000 November $40 calls at 35 cents on a 25-40 spread, a bullish bias.  Another large buyer of December [...]

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Fertilizer begins to fly as Russian miners demonstrate pricing power (POT, IPI, MON, AGU, MOS)

Fertilizer stocks are gaining ground, with stocks including Potash CP (NYSE: POT) trading rising 4 percent, above $94, with nearly half its average volume changing hands in the first hour of Thursday trading.
The company could be benefit from a Bloomberg.com’s report that Russia’s two largest potash miners plan to raise prices for domestic fertilizer producers [...]

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Premarket Alert: Farmers' spending habits hit fertilizer stocks (POT, MON, IPI, CF, AGU)

Agriculture stocks are seeing early premarket selling as of 9 a.m. Eastern, after Potash Corp. (NYSE: POT) cut its second-quarter earnings guidance citing lower prices for phosphate fertilizers and deferrals of purchases by farmers seeking to save costs.
The company warned that its second-quarter earnings will be about 70 cents a share, down from expectations that [...]

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The agriculture stocks that could benefit from Monsanto results (MON, POT, IPI, AGU, MOS)

Monsanto Co. (NYSE: MON) shares are up about 2% after the company beat earnings expectations by 8 cents a share, reaffirmed guidance for fiscal 2009, and said it remains committed to doubling its gross profit over the next three years.
The company’s revenue was weak, but that was somewhat expected, due to its revised guidance in late [...]

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