Mosaic Pre-Announces Results Through 11/30; Further Production Cuts Coming (MOS, POT)
Mosaic Company (MOS) took the opportunity to dump the kitchen sink on an already dreary day. After seeing shares fall 16% in Monday’s trading session, the phosphate and potash producer pre-announced volumes for its Fiscal Q209, ending November 30th.
Noting the “unprecedented global economic and credit downturn”, Mosaic reported phosphate volumes of just 1.3 million tonnes, [...]
Potash Pricing Quietly Holding Up, But Commentary Has Vanished (POT)
Potash Corp. of Saskatchewan (POT) has seen a lot of its commentary drop along with its stock price. One need look no further than the sparse listings for Potash Corp. within the Seeking Alpha pages to realize that bullish interest in the company has largely burst along with commodity prices.
Now that POT shares are down [...]
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