Volume Spike Investor

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 [...]

Potash Corp. of Saskatchewan (NYSE: POT) posted earnings: $0.82 EPS vs. $0.81 estimates; on a 64% revenue drop to $1.1 billion.  The fertilizer and potash giant is lowering guidance: Q4 EPS of $0.65 to $0.85 EPS vs. $1.18 EPS estimates.  The company noted that the uncertainty among fertilizer buyers has lasted far longer than the [...]

Potash Corp. of Saskatchewan (NYSE: POT) is down after the fertilizer and potash player lowered its 2009 earnings guidance to $3.25 to $3.75 from $4.00 to $5.00 and compared to First Call consensus estimate of $4.16. The company also expects Q3 EPS to be at the low end of prior guidance.  Shares are down close [...]

Potash Corp. of Saskatchewan, Inc. (NYSE: POT) saw not very unusual trading in the stock this Friday, but there were some options roll trades that went off that flagged this one for unusual options activity.  A screen showed that almost 50,000 contracts in all traded.  Here were the roll-out OCT-2009 PUT and CALL transactions.
CALL$    Volume   [...]

The Mosaic Company (NYSE: MOS) and Potash Corp. of Saskatchewan (NYSE: POT) are both getting clipped on an analyst downgrade this morning.  The two potash leaders were both Cut to Hold from Buy at Citigroup.  Volume is still light because of the specialist being in controil, but that light volume will start to surge as [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]