Postash, Mosaic, and MOO Love Goldman Sachs (POT, MOS, MOO)
Potash Corp. (NYSE: POT) is trading higher this morning after Goldman Sachs raised the potash maker to the Conviction Buy List to take advantage of a sharp sell off in fertilizer stocks last week. Mosaic Co. (NYSE: MOS) was also raised to Buy from Neutral. Goldman Sachs’ view of a fundamental demand recovery in potash [...]
Stinky Fingers at Monsanto (MON, MOO, ADM)
Monsanto Co. (NYSE: MON) may be bad enough to stink up the whole agriculture complex. The agriculture products and seed giant said that 2009 earnings are now expected to come in at the low end of its range of $4.40 to $4.50 EPS. The new expectation for 2010 earnings will be at $3.10 to [...]
Volume Surge: Monsanto Earnings Pulls Agriculture Stocks (MON, POT, MOS, MOO)
Monsanto Co. (NYSE: MON) has just come out and reported earnings. The company beat earnings estimates but the top-line numbers and guidance aren’t going to be enough on the surface to keep everyone happy. This is dragging down the entire sector with more than one hour to the open. Monsanto’s stock is down 1.8% at [...]
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