Potash Corporation of Saskatchewan
Mining Company and Company
Buying tips for the bullishErgo, as your faithful servant, allow me to spotlight some recent stock picks that may offer significant upside in the months ahead. Potash Corp. of Saskatchewan has had a great run since mid-October, gaining some 30 per cent. At Monday's... In this article: TSX, Copper, Silver, Potash Corp. of Saskatchewan, and Vancouver |
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Reuters | 2 days ago
BHP share buyback hinges on fate of Rio Tinto joint venture
...takeover bid for Rio Tinto? Is it going to team up with Royal Dutch Shell to buy Woodside Petroleum? Is it going to make a bid for Potash Corp of Saskatchewan? So far, BHP seems to be focused on sealing a $116 billion iron ore production...
In this article: BHP Billiton, Joint venture, Rio Tinto, Royal Dutch Shell, Coal, Copper, and Potash
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Seeking Alpha | 6 days ago
Intrepid Potash and Potash Corp: Fertilizers Sprout Profits
...time for a relevant theme to mature. This year we have been bullish on fertilizer stocks such as Intrepid Potash (IPI) and Potash Corp of Saskatchewan (POT). The trade has been a bit lonely from June through mid-November as a weak economy...
In this article: Intrepid Potash, POT, Potash, and United States
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Potash slump seen hitting Western Canada province
...the crop nutrient, partly in response to an earlier price spike. Producers, including fertilizer giant Potash Corp of Saskatchewan <POT.TO>, responded to weaker demand by slashing production this year. Saskatchewan budgeted in March for a...
In this article: Saskatchewan, Potash, Potash Corp, Revenue, Rod Gantefoer, Fiscal year, Recession, and Canada
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CANADA STOCKS-TSX powers higher on resources, Potash rally
...Nov 17 (Reuters) - Toronto's main stock index rose on Tuesday as commodity prices ticked higher and shares of Potash Corp of Saskatchewan <POT.TO> rallied after billionaire investor George Soros's hedge fund raised its stake in the...
In this article: Potash Corp, George Soros, S&P/TSX 60, Suncor Energy, Royal Bank of Canada, Agrium Inc, Barrick Gold, and Bank of Montreal
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Yahoo! News | November 17, 2009
TSX powers higher on resources, Potash (Reuters)
...of Potash Corp of Saskatchewan rallied after billionaire investor George Soros's hedge fund raised its stake in the company. Potash Corp topped the list of influential movers, rising 7 percent to C$116.50. The rise helped to boost the...
In this article: Potash Corp, George Soros, Suncor Energy, Agrium Inc, Barrick Gold, and S&P
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National Post | November 17, 2009
Potash Corp shares rise as Soros fund raises stake
Home Potash Corp shares rise as Soros fund raises stake TORONTO -- Shares of Potash Corp of Saskatchewan rose more than 5% on Tuesday, after billionaire investor George Soros's hedge fund reported that it had boosted its stake in the...
In this article: Potash Corp, Soros Fund Management LLC, Potash, George Soros, Saskatchewan, and Toronto
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UPDATE 1-North American potash inventories rise in October
...delays in fall fertilizer application in North America this year, due to the late harvest. Potash Corp said North American potash inventories are 129 percent above the prior 5-year average. Potash inventories had risen steadily...
In this article: Inventory, Potash, Potash Corp, Credit crunch, Saskatchewan, North America, and India
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Cramer's Lightning Round - What's Up with Potash? (11/16/09)
Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday November 16. Bullish Calls: Potash (POT): "Finally people believe the fertilizer cycle is coming back. The fundamentals have gone bad.. the...
In this article: Potash and United States
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Potash: Will the Death of K+S Benefit the Sector?
...seen with potash and fertilizer companies. Said another way… they are not doing so well. As such, we have been shorting and covering Potash (POT) successfully between $101 and $85 recently. K+S AG, Europe's biggest potash producer, needs...
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CANADA STOCKS-TSX clings to gain as banks, Potash rise
...session marked by an early jump to a three-week high that eroded as the day progressed. Advances by banks and Potash Corp <POT.TO>, helped by an encouraging economic report from China, overpowered a drop in the energy group that took...
In this article: Potash Corp, Canada, EnCana, Kinross Gold, Suncor Energy, Royal Bank of Canada, Bank of Nova Scotia, and S&P
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Description from Wikipedia:
The Potash Corporation of Saskatchewan Inc. (, NYSE: POT), today generally referred to as PotashCorp, is a Canadian corporation based in Saskatoon, Saskatchewan. The company is the world's largest potash producer and the second and third largest producer of nitrogen and phosphate, three primary crop nutrients used to produce fertilizer. At the end of 2007, the company controlled 22% of the world's potash production capacity, 2% of nitrogen production capacity and 6% of phosphate supply. == History ==
The company was created by the government of Saskatchewan in 1975. In 1989 it became a publicly traded company and the government of Saskatchewan sold off its shares and today no longer owns any of the firm. It is by far the world's largest producer of potash, producing 23% of the world's supply. It also controls almost all of the world's unused supply, and has long deliberately held back production to keep potash prices high. It is also the world's largest fertilizer producer. It is the third largest phosphate producer and fourth largest nitrogen producer.
In November 1975 the province announced its intention to take part of the potash industry into public ownership. The government offered to negotiate with the producers, and many of them agreed to sell to the government. Over the next several years PCS bought mines around Saskatchewan, and eventually came to control 40% of domestic production. Public ownership drew the ire of the United States government, which criticised the provincial government for buying Americans' assets and creating a monopoly. In the 1980s the Commerce Department accused the corporation of dumping and imposed massive duties on all potash imports to the United States.
Prices of fertilizer, particularly potash, increased more that 200% in FY 2007 on global food crisis and increased use of biofuels.
- Type:
- Public (, NYSE: POT)
- Location:
- Saskatoon, SK, Canada
- Founded:
- 1975
- Stock Symbol:
- POT
- Industry:
- Materials
- Key People:
- William J. Doyle
- Products:
- Potash
- No. of Employees:
- 4,879 (2008)
- Motto:
- Helping Nature Provide
- Market Cap:
- 26.5 billion USD (2008)
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