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Monsanto Co. (MON) Still Shy Of Showing Strength On Charts
Tuesday, February 9, 2010 - 2:58pm | 127Monsanto Co. (NYSE: MON), a provider of agricultural products for farmers on a global scale with focus on Seeds and Genomics, and Agricultural Productivity, gained 2.9% by early afternoon trading on Tuesday, after its stock was upgraded by analysts of Bank of America-Merrill Lynch. The research...
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Agrium Posts Lower Profit, Sees Rebound (AGU, MON, MOS, DD)
Tuesday, February 9, 2010 - 10:20am | 195Agrium Inc. (NYSE: AGU) reported a weak fourth quarter profit on Tuesday, primarily due to lower fertilizer prices, but the company said it expects increasing sales volumes to help 2010 financial results. The Canadian agricultural chemical company reported fourth quarter earnings of $0.19 per share...
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Company News for February 9, 2010 - Corporate Summary
Tuesday, February 9, 2010 - 10:16am | 206• Biogen Idec (NASDAQ:BIIB) posted better-than-estimated fourth quarter results of $1.20, beating Zacks estimates of $1.05, on inline revenues of $1.1 billion. The company said it sees full year earnings of $4.50 a share • International Flavors and Fragrances (NYSE:IFF) reported fourth quarter...
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Air Products (APD) May Go Hostile in Attempt to Acquire Airgas (ARG)
Friday, February 5, 2010 - 2:54pm | 1334Airgas Inc (ARG) is topping the Optionshouse hotlist this morning after Air Products & Chemicals (APD) said it may take a 5.1 billion dollar cash offer ($60/share) for Airgas Inc. to shareholders. The board of directors of Airgas has rejected two prior attempts by APD for a friendly merger...
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Worst Performing Narrow Indexes Today
Thursday, February 4, 2010 - 7:04pm | 222There was a lot of blood in the water today, and Agricultural, Chemical and Fertilizer Stocks, down 8.2%, Industrial Metals and Mineral Stocks, which fell 7.2%, and Solar Stocks led the way down. The Solar stock complex lost 6.7% on the trading session. Potash Corp. (NYSE: POT) had a terrible day,...
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Best Performing Indexes Today
Wednesday, February 3, 2010 - 6:11pm | 167Today's best performing narrow based indexes were Diabetes Stocks, up 8.6% on the day, Agricultural, Chemical and Fertilizer Stocks, appreciating 3.1% during the session, and Computer Peripheral Stocks, higher by 2.7%. Small cap name, Home Diagnostics (NASDAQ: HDIX) led the way in the Diabetes...
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Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 26
Monday, February 1, 2010 - 1:38am | 3505Year 3, Week 26 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 64.8% (v 65.4% last week) 20 long bias: 12.7% (v 26.2% last week) 8 short bias: 22.5% (v 8.4% last week) [Includes 2 option positions,...
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Downside Forecast Leads To Sell Off In Potash (POT), Stock Down 4%
Friday, January 29, 2010 - 3:18pm | 91Fertilizer maker Potash (NYSE: POT) has forecast EPS of 70 cents to $1 in Q1 and $4 to $5 for the full year, which is rather disappointing as the company itself has been talking about a return to robust fertilizer demand. Potash is facing the problem of excess capacity which means that they’ll cut...
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Potash Profits Down (POT)
Thursday, January 28, 2010 - 12:10pm | 116Fertilizer company, Potash Corp. (NYSE: POT) earned $243.6 million, or 80 cents a share, in the fourth quarter of 2009, which represented a 69% decline from the year ago period. Revenues declined 41% to to $1.1 billion versus analysts' estimates of $1.12 billion. Analysts were projecting EPS of $0....
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Benzinga’s Top Pre-Market Losers (FLEX, AZN, POT, QCOM, ABFS, TTEK)
Thursday, January 28, 2010 - 9:54am | 435Flextronics International Ltd. (NASDAQ: FLEX) decreased $0.30 or 4.23% to $6.80 in the pre-market session. Flextronics reported yesterday a third quarter net profit of $93 million, or $0.11 per share, as compared to $20 million, or $0.02 per share, for the same quarter last year. The 52-week...
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Potash (POT) Beats But Guides Down for Q1 and Full year 2010
Thursday, January 28, 2010 - 9:53am | 917I have not been expecting anything particularly strong out of Potash (POT) - it was a lower risk way to play the "weak dollar, commodities must go up as the economic boom returns" thesis. Today's results were so-so, a small beat versus estimates but lowering of guidance for 2010. I had not...
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Overview of Remaining Material Long Positions
Tuesday, January 26, 2010 - 1:17pm | 1184There have been a ton of changes in exposure the past 5 sessions as the market has really punished many names in the small and mid cap space. We only have light exposure to "weak dollar / commodity" names but they too have bene traumatized the past week. The S&P could have upside to about...
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Bookkeeping: Limit Buy Order for Potash (POT) Kicks In
Wednesday, January 20, 2010 - 2:59pm | 337A limit buy order for Potash (POT) near $112 executed today, which will take our stake up substantially to about a 2.4% allocation, The price was chosen for because to reach this level the stock would have to fill a gap and then reach the 50 day moving average. On first glance a stop loss...
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Bulls Target Potash
Tuesday, January 19, 2010 - 4:08pm | 152Potash Corp of Saskatchewan (NYSE: POT) is lower today by $0.60 or 0.5% on a downgrade by UBS. UBS cut its target price to $116 from $120. This comes on the back of upgrades from Barclays, National Bank, and RBC over the last six days. The chart shows that Potash has recently bumped up against a...
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Monsanto Versus DuPont - Round One is Over, Round Two Begins
Tuesday, January 19, 2010 - 12:30pm | 197Monsanto says DuPont can’t market corn or soybean seed by touting both a ‘Roundup Ready’ genetic trait as well as an ‘Optimum GAT’ trait. The Roundup Ready trait (a Monsanto invention) is said to actually mask problems with the GAT genetic trait (which just so happens to be a DuPOnt invention). At...