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Roundup Shares Of Monsanto And Throw Them Away (MON)
Tuesday, August 31, 2010 - 12:49pm | 120Shares of Monsanto Company (NYSE: MON) continue to get hit hard, down over 6% today, after the company announced its 2010 earnings would be at the lower end of the range it provided. The St. Louis-based company expects to earn between $2.40 per share and $2.45 per share for its 2010 fiscal year,...
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Potash M&A mania: Allana Potash (AAA) is 'in play'
Tuesday, August 31, 2010 - 12:41pm | 120The recent headline-grabbing $39 billion bid by the world’s largest mining company for the planet’s top potash producer appears to be spurring potash-hungry Chinese investment funds into action. On the heels of BHP Billiton’s (NYSE: BHP) unsuccessful initial takeover offer for Potash Corp. of...
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Bookkeeping: Closing Monsanto (MON)
Tuesday, August 31, 2010 - 9:28am | 574This is not a market to hold weaklings in; I will only partake in the highest of relative strength at this moment. If you show vulnerability you are going to be kicked to the curb. Such is the case with Monsanto (MON) after the company tightening guidance today. The stock has been acting weak...
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BHP Denies Plan To Sell Potash Assets
Tuesday, August 31, 2010 - 8:26am | 191BHP Billiton (NYSE: BHP) denied comments Monday that it plans to sell off any of Potash Corp's (NYSE: IPI) assets if it succeeds with its $38.6 billion bid for the world's largest fertilizer producer. If it decided to do so, BHP may find a ready buyer in Agrium Inc. (NYSE: AGU), a Canadian...
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Benzinga’s Top Downgrades (DGIT, ASML, POT, ARST)
Tuesday, August 31, 2010 - 6:25am | 152DG FastChannel Inc (NASDAQ: DGIT) was downgraded by Merriman from “buy” to “neutral.” DGIT’s shares closed at $15.11 yesterday. DGIT’s 52-week trading range is $16.39 - $44.19. Deutsche Bank downgraded ASML Holding NV (NASDAQ: ASML) from "buy" to "hold". ASML’s shares closed at $25.45 yesterday....
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Fast Money Picks For August 31st (MOS, POT, HGSI, XBI, AMGN)
Monday, August 30, 2010 - 5:53pm | 242On CNBC's Fast Money, Michael Block said that he doesn't believe in the agriculture hype. He recommended investors to take a short position in The Mosaic Company (NYSE: MOS). The Mosaic Company (MOS) fell 1.75% today, and closed at $57.25. Joe Terranova is bullish on the agriculture space. He...
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IBM Takes Over AT&T Unit - Analyst Blog
Monday, August 30, 2010 - 11:27am | 1030International Business Machines Corp. (IBM) completed the acquisition of AT&T Inc.’s (T) Sterling Commerce unit. As previously announced in May 2010, IBM signed a definitive agreement to buy Dublin, Ohio-based Sterling Commerce for $1.4 billion in cash. AT&T expects to record a gain of...
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BHP Could Sell Some Potash Assets
Monday, August 30, 2010 - 1:06am | 148BHP Billiton (NYSE: BHP), the world's largest mining company, said it could sell some Potash Corp. (NYSE: POT) assets if it is successful in its $38.6 billion acquisition for the world's largest potash producer. BHP singled out Potash's nitrogen and phosphates business as one asset that could be...
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Agrium Interested In Potash Assets
Sunday, August 29, 2010 - 10:09pm | 122Agrium (NYSE: AGU), the Canadian fertilizer producer, said it would be interested in the nitrogen and phosphate businesses of Potash Corp. of Saskatchewan (NYSE: POT) if those assets came onto the market. "We are a global company that produce 8 million metric tonnes of nitrogen, phosphate and...
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August 30, 2010: October Suprise? Cuba Opens (A Little) For Business.
Sunday, August 29, 2010 - 6:30pm | 828The planets are aligned for the entry of companies into Cuba. Yes, one of the worst places on earth to do business may well be open for business soon, and on terms to entice investment. True, this has been stated in previous years, but "this time it's different". Think China and Richard Nixon's...
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Monsanto Introduces New Technology - Analyst Blog
Friday, August 27, 2010 - 4:34pm | 510Monsanto Company (MON) and InterGrain Ptv Ltd agreed to jointly introduce a new wheat growing technology in Australia, the world’s major wheat grower and exporter. In accordance with the agreement, Monsanto has acquired a 19.9% stake in the latter. Together the companies will exchange their...
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Novell 3Q In Line, Revenue Slips - Analyst Blog
Friday, August 27, 2010 - 11:21am | 1198Enterprise software developer, Novell Inc. (NOVL) reported third quarter 2010 earnings of 5 cents, in line with both the Zacks Consensus Estimate and the year-ago quarter. Earnings include stock based compensation but exclude one time item. The better-than-expected result was primarily driven by...
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Zacks' Voice of the People highlights opportunities with Potash, Agrium - Press Releases
Thursday, August 26, 2010 - 3:04pm | 877For Immediate Release Chicago, IL – August 26, 2010 – Zacks highlights commentary from People and Picks Trader “RacerX33”. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Speculative Takeover Play I had planned to write my next article on my top 5 current bargain...
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BHP Prepares to Woo Potash Owners
Thursday, August 26, 2010 - 8:48am | 183BHP Billiton's (NYSE: BHP) chief executive flies to North America this week to crank up the charm offensive with Potash Corp (NYSE: POT) shareholders, as a potential Chinese rival bidder reiterated it was "closely watching" the $39 billion deal. After dousing expectations he would sweeten his...
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BHP Reports Above Expectations - Analyst Blog
Thursday, August 26, 2010 - 7:04am | 655BHP Billiton Ltd. (BHP) has reported results for fiscal 2010 with net income (excluding special items) of $12.5 billion, up 16.3% year over year from $10.7 billion in fiscal 2009. Earnings per ADR excluding special items also grew to $4.47 from $3.83 in the previous year. It surpassed the Zacks...