Tags » Potash Corp

Potash Corp cuts 140 jobs, slashes output as industry struggles with weak prices

Potash Corp., the world’s biggest fertilizer company, announced it will cut production and jobs at its Saskatchewan mines amid persistently low potash prices and a planned merger with the world’s second-largest fertilizer company. 465 more words

Breaking

Agrium and Potash Corp shareholders overwhelmingly approve all-stock merger

CALGARY — Shareholders of Potash Corp. of Saskatchewan and Agrium Inc. have voted overwhelmingly in favour of an all-stock merger.

At separate special meetings Thursday, PotashCorp shareholders voted more than 99 per cent in favour of the deal while more than 98 per cent of Agrium shareholders voted for it. 99 more words

News

Agrium slips into red in Q3 on low crop prices, cuts full-year profit forecast

Canadian fertilizer maker Agrium Inc. reported a surprise quarterly loss on Thursday as it grapples with low fertilizer and crop prices, and also cut its full-year profit forecast. 204 more words

News

Potash Corp profit plummets, forecast cut as sales drop 26 per cent in weak market

Potash Corp of Saskatchewan , the world’s biggest fertilizer company by capacity, reported a 25.7 per cent drop in quarterly sales, as potash prices remained weak. 88 more words

Breaking

Why Potash Corp and Agrium Inc are better together

Despite some opinions to the contrary among analysts and elsewhere in the investment community, Greg Barnes at TD Securities thinks Agrium Inc. shareholders would be wise to approve a merger with Potash Corp. 254 more words

Trading Desk

Tough farm conditions make Potash merger timely: Agrium CEO

Plunging crop and fertilizer prices may not have hit rock bottom yet, and the market’s weakness makes it the right time to merge leading farm input suppliers, the chief executive officer of Agrium Inc said, making his pitch to skeptical investors for a $26 billion union with Potash Corp of Saskatchewan Inc. 346 more words

Executive

Potash Corp, Agrium execs confident mega merger will be approved, says deal saves millions on logistics

CALGARY — Potash Corp. of Saskatchewan Inc. and Agrium Inc. are confident their mega merger announced Monday will eventually be approved, saying they are two very different yet tightly intertwined companies that would not breach antitrust laws because they occupy very different technological markets. 817 more words

Mining