Agricultural Chemicals

(POT) Potash Corporation of Sakatchewan Raises Dividend by 25%

Potash Corp. of Sakatchewan Inc. (POT) has announced a 25% hike in its quarterly cash dividend from 28 cents per share to 35 cents per share. The dividend will be paid on Aug 2, 2013, to shareholders of record on Jul 12, 2013. This...

31May2013 | | Comments Off on (POT) Potash Corporation of Sakatchewan Raises Dividend by 25% | Continued

(CF) CF Industries Holdings Completes Canadian Fertilizers Limited Assets Buyout

CF Industries Holdings, Inc. (CF) announced that it has completed the purchase of the outstanding interests it did not already own in Canadian Fertilizers Limited (CFL) for total cash consideration of roughly C$910 million (around $904...

15May2013 | | Comments Off on (CF) CF Industries Holdings Completes Canadian Fertilizers Limited Assets Buyout | Continued

(MON) Monsanto – Bayer in Cross-Licensing Deal

Monsanto Company (MON), an agricultural services provider, recently entered into a contract with Bayer CropScience, a wing of Germany based Bayer AG. The deal relates to the licensing of next-generation and enabling technologies in...

3May2013 | | Comments Off on (MON) Monsanto – Bayer in Cross-Licensing Deal | Continued

(MON) Monsanto and The Dow Chemical Company in Cross-License Deal

Monsanto Company (MON), an agricultural services provider, recently inked a cross-licensing agreement with Dow AgroSciences LLC, a subsidiary of The Dow Chemical Company (DOW),...

21Apr2013 | | Comments Off on (MON) Monsanto and The Dow Chemical Company in Cross-License Deal | Continued

(POT) Potash Corp of Sakatchewan Hikes Dividend by 33%

Crop nutrient company Potash Corp of Sakatchewan Inc. (POT) recently announced a roughly 33% hike in its quarterly dividend to 28 cents per share from the prior payout of 21 cents. The increased dividend will be paid on May 2, 2013,...

25Feb2013 | | Comments Off on (POT) Potash Corp of Sakatchewan Hikes Dividend by 33% | Continued

(MON) Monsanto 2013 First Quarter Earnings Scorecard

Monsanto Company (MON), an agricultural products manufacturer, reported fiscal first quarter 2013 results which were well above the year ago results as well as the Zacks Consensus Estimates.

We cover below the results of the...

23Jan2013 | | Comments Off on (MON) Monsanto 2013 First Quarter Earnings Scorecard | Continued

(AGU) Agrium Incorporated – Bull of the Day

We are retaining our Outperform recommendation on Agrium, Inc. (AGU) following its strong second-quarter 2012 results. Adjusted earnings of $5.43 per share topped the Zacks Consensus Estimate of $5.36, while profit surged 20% year...

20Aug2012 | | Comments Off on (AGU) Agrium Incorporated – Bull of the Day | Continued

(MON) Monsanto Guides High on New Business

Monsanto Company (MON) recently raised its expected earnings per share guidance for the first quarter of fiscal 2012. The first quarter earnings were scheduled to be released on January 5, 2012.  The company’s earnings per share...

15Dec2011 | | 0 comments | Continued

(MON) Monsanto Company – Bull of the Day

We maintain our Outperform recommendation on Monsanto Company (MON) based on the optimism of the company’s continued product development through biotechnology and breeding research. Monsanto’s future contracts and hedging...

17Oct2011 | | 0 comments | Continued

(AGU) Agrium Incorporated – Bull of the Day

Agrium, Inc. (AGU) delivered net earnings of $4.54 per share in the second quarter of 2011, surpassing the Zacks Consensus Estimate of $4.21. The strong quarter was supported by record high crop prices and overall strong fundamentals...

5Oct2011 | | 0 comments | Continued

(AGU) Agrium Incorporated – Bull of the Day

Agrium, Inc. (AGU) delivered net earnings of $4.54 per share in the second quarter of 2011, surpassing the Zacks Consensus Estimate of $4.21. The strong quarter was supported by record high crop prices and overall strong fundamentals...

4Oct2011 | | 0 comments | Continued

(MON) Monsanto Wins Lawsuit – Saves Patent

Monsanto Co. (MON), the world’s largest seed company, announced that it won another lawsuit against Indiana soybean farmer, Vernon Bowman. In 2007, the company sued the soybean farmer, accusing him of patent infringement for...

24Sep2011 | | 0 comments | Continued

(MON) Monsanto to Push Price Amid Food Crisis

World’s largest seed company, Monsanto Co. (MON), announced to raise prices for its DeKalb brand of corn seeds in 2012 by an average of 5% to 10% amid the present worldwide food crisis.

The price rise reflects higher cost...

20Sep2011 | | 0 comments | Continued

(CF) CF Industries Holdings Analyst Upgrades Shares to Outperform

We are upgrading our recommendation on CF Industries Holdings Inc. (CF) to Outperform from Neutral after the company posted excellent second-quarter 2011 results. CF Industries delivered $6.87 per share in the second quarter, striding...

15Sep2011 | | 0 comments | Continued

(CF) CF Industries – Bull of the Day

CF Industries (CF) delivered $6.87 per share in the second quarter, striding ahead of the Zacks Consensus Estimate of $5.94. Management is expecting farm income to set a new record this year, and believes that farmers are going to plan...

6Sep2011 | | 0 comments | Continued

(MON) Monsanto Has Brazil and China on Growth List

Agri Business giant, Monsanto Company (MON) laid out new five-year strategic plan with an outlook for strong international revenue growth, targeting Brazil and China.

Brazilian government regulation, public and private investment...

8Aug2011 | | 0 comments | Continued

(MON) Monsanto Announces Dividend Increase

Monsanto Company (MON) declared an increase in the quarterly dividend from 28 cents per share to 30 cents per share of its common shares.

This is a part of the company’s continuing commitment to return value to shareholders...

4Aug2011 | | 0 comments | Continued

(AGU) Agrium Reports Record Second Quarter Earnings

Agrium Inc. (AGU) reported record net earnings of $718 million or $4.54 per share in the second quarter of 2011, surpassing the Zacks Consensus Estimates of $4.21 per share. It also exceeded the prior-year net earnings of $518.0 million...

4Aug2011 | | 0 comments | Continued

(MON) Monsanto – Bull of the Day

We recently upgraded our recommendation on Monsanto (MON) from Neutral to Outperform based on the company’s growth strategy and competitive pricing policy. The company posted encouraging results for the third quarter with an...

20Jul2011 | | 0 comments | Continued

(MON) Monsanto and Sinochem to Seal Ties

Global agribusiness Monsanto Company (MON) hopes to strengthen its tie with Sinochem, the Chinese chemicals conglomerate. At present, the two companies are in talks regarding the economic and politically sensitive issues, which were...

12Jul2011 | | 0 comments | Continued

(CF) CF Industries Holdings Restarts Nitrogen Plant

Fertilizer maker CF Industries Holdings, Inc. (CF) announced that it has resumed production at its Port Neal nitrogen complex which is located in Sergeant Bluff, Iowa, near Sioux City on the Missouri River.

The company had temporarily...

29Jun2011 | | 0 comments | Continued

(MON) Monsanto 2011 Third Quarter Earnings Preview

Agricultural product major Monsanto Company (MON) will unveil its third- quarter earnings on Wednesday, June 29, 2011. The company will be an attractive stock to watch, as it has been in turnaround mode.

The third quarter 2011...

29Jun2011 | | 0 comments | Continued

(AGU) Agrium Forecasts Better Second Quarter Earnings

Agrium Inc. (AGU),a leading Canadian farm dealer and fertilizer producer, now expects its second-quarter 2011 diluted EPS from continuing operations (earnings per share) to be in the range of $4.10 to $4.40, up from its prior expectation...

20Jun2011 | | 0 comments | Continued

(AGU) Agrium Eyes European Buy

Agrium Inc. (AGU), a leading Canadian farm dealer and fertilizer producer announced the purchase of Italian fertilizer distribution company CerealToscana S.A. and its Romanian subsidiary, Agroport, for $27 million plus working capital.

The...

4May2011 | | 0 comments | Continued

(CF) CF Industries Holdings Fourth Quarter 2010 Earnings Preview

CF Industries Holdings Inc. (CF) is slated to release its fourth quarter 2010 results on Friday, February 18 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is $2.59, representing a significant annualized...

15Feb2011 | | 0 comments | Continued

(MON) U.S. International Trade Deficit Falls Again

The Trade Deficit fell in November to $38.31 billion from $38.42 billion in October. The fall in the trade deficit is good news for the economy. The trade deficit was also smaller than the $41.0 billion consensus expectation. On a year-over-year basis, the total trade deficit was up 8.6% from $35.27...

17Jan2011 | | 0 comments | Continued

(MON) Monsanto Company – Bear of the Day

We are downgrading our recommendation on Monsanto Company (MON) from Neutral to Underperform based on the weak results that the company posted for fiscal 2010 with an EPS of $2.41, almost halved from $4.41 in fiscal 2009.

The...

20Oct2010 | | 0 comments | Continued

(POT) Potash Corporation of Saskatchewan Discards BHP Billiton Ltd Offer

Shares of Potash Corporation of Saskatchewan Inc. (POT), the world’s largest fertilizer company by capacity, shot up 28% and closed at $143.17 on August 17, 2010 after rebuffed mining giant BHP Billiton Ltd’s...

22Aug2010 | | 0 comments | Continued

(AGU) Agrium Wants Expedient Merger

Agrium Inc. (AGU) and AWB Ltd. have signed a definite agreement with respect to the merger proposed on Aug 15, 2010. AWB accepted Agrium’s A$1.24 billion (US $1.19 billion) acquisition offer discarding Australian grain maker,...

21Aug2010 | | 0 comments | Continued

(MON) Monsanto Analysts Downgrade Shares

We downgrade our recommendation on Monsanto Company (MON) from Neutral to Underperform based on its weak results during the two consecutive quarters in fiscal 2010. Moreover, the company’s guidance for the fiscal year 2010 has dropped...

19Apr2010 | | 0 comments | Continued