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Agrium Inc. Announces Guidance For Second Half Of 2014, Shares Move Lower
Thursday, October 2, 2014 - 9:14am | 196After market close on Wednesday, Agrium Inc. (NYSE: AGU) updated the investment community with management's expectations for the second half of 2014. Agrium expects its earnings from continuing operations to be in a range of $0.45 to $0.55 for the third quarter, while fourth quarter earnings from...
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Short Interest Swings In Fertilizer Stocks (IPI, MOS, UAN)
Saturday, August 31, 2013 - 10:54am | 1010Shares of many fertilizer companies took a big hit at the end of the July with the announcement of the breakup of Belarusian Potash marketing cartel. CVR Partners (NYSE: UAN), Intrepid Potash (NYSE: IPI) and Mosaic (NYSE: MOS) saw the most significant percentage upswings in the number of their...
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JP Morgan Upgrades CF Industries To Overweight, Raises PT To $170
Monday, May 23, 2011 - 5:51am | 29JP Morgan has upgraded CF Industries Holdings (NYSE: CF) from Neutral to Overweight and has raised the price target from $150 to $170.
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Goldman Sachs Raises CF 2011 EPS Estimate, Maintains $131 PT
Monday, May 9, 2011 - 7:36am | 140Goldman Sachs is raising its 2011 EPS estimate on CF Industries Holdings, Inc. (NYSE: CF) from $16.23 to $17.50. Goldman Sachs is also maintaining its $131 PT on the stock. “We expect an impressive year for CF as high corn and N prices are coupled with low natural gas costs,” Goldman Sachs writes...
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Goldman Sachs Dowgrades CF Industries Holdings to Sell (CF)
Monday, March 21, 2011 - 8:41am | 110Goldman Sachs is out with its report today on CF Industries Holdings (NYSE: CF), downgrading CF from Neutral to Sell. In a note to clients, Goldman Sachs writes, "Downgrading CF to a relative Sell from Neutral on risk to nitrogen prices with 13% downside to our $111, 12-month price target. We...
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JP Morgan Raises PT On CF Industries To $150
Tuesday, February 22, 2011 - 7:43am | 28JP Morgan has raised the price target on CF Industries Holdings (NYSE: CF) from $130 to $150 and maintains its Neutral rating.
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NA Fertilizer Stocks Performed Well In 2010, J.P. Morgan Reports
Thursday, January 6, 2011 - 12:15pm | 287J.P. Morgan reports that the North American fertilizer stocks have performed especially well over the previous 12 months, as have just about any publicly traded assets connected with agriculture. “The Mosaic Company (NYSE: MOS) is 22% higher, but its appreciation is the smaller of the North...
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Goldman Sachs Lowers CF Industries 2010E EPS
Monday, November 8, 2010 - 11:26am | 96CF Industries Holdings, Inc. (NYSE: CF) reported 3Q2010 EPS of $1.10 Friday after the market close, Goldman Sachs reports. “This was roughly $0.30 shy of our and Street estimates,” Goldman Sachs writes. “The stock nonetheless traded up intraday and closed up over $1, as investors were willing to...
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CF Industries Echoes Agrium In 3Q
Monday, November 8, 2010 - 8:04am | 156JP Morgan has published a research report on CF Industries Holdings, Inc. (NYSE: CF) following the company's 3Q earnings report and comparison to Agrium's (NYSE: AGU) business experience. In the report, JP Morgan writes "Average product prices for the quarter experienced by CF were meaningfully...
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December Corn Future Up, Could Trade Even Higher, Goldman Sachs Reports
Tuesday, October 12, 2010 - 10:10am | 145According to a report by Goldman Sachs, the October WASDE report has very positive implications for the fertilizer group due to a much tighter corn balance than previously anticipated. “The WASDE revised down forecasted corn yields to 155.8 bushels per acre from 162.5 bushels per acre prior, which...
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Terra Industries (TRA) Favors CF Industries Holdings (CF) "Superior" Takeover Bid
Wednesday, March 10, 2010 - 1:21pm | 149Fertilizer producer Terra Industries Inc. (NYSE: TRA) announced on Wednesday that it now favors a $4.68 billion acquisition offer made by rival CF Industries Holdings, Inc. (NYSE: CF) over a previous $4.1 billion offer made by Yara International. Norway-based Yara International now has five days to...
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Terra Industries (TRA) Accepts $4.1 Billion Takeover Bid
Monday, February 15, 2010 - 9:49am | 100Nitrogen products manufacturer Terra Industries Inc. (NYSE: TRA) accepted a $4.1 billion takeover bid from Norway's Yara International. Yara International will pay $41.10 per share for Terra Industries Inc., which is nearly 24% above Friday's closing price of $33.25. Terra Industries had resisted...