Both gain from takeover

POTASH CORP. OF SASKATCHEWAN INC. $156 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 296.6 million; Market cap: $46.3 billion; Price-to-sales ratio: 8.1; Dividend yield: 0.3%; SI Rating: Average) is the target of a $130.00 U.S.-a-share hostile takeover offer from BHP Billiton Ltd… Read More

The Successful Investor Hotline – Friday, August 27, 2010

POTASH CORP. OF SASKATCHEWAN, $154.99, Toronto symbol POT, continues to trade above the $130.00 U.S.-a-share hostile takeover offer from BHP Billiton Ltd. (New York symbol BHP). BHP is a recommendation of our Wall Street Stock Forecaster newsletter.

Based on today’s exchange rate, Potash Corp. shares trade… Read More