Merger’s success rides on cost cuts

Dear client:
Agrium and Potash Corp. expect to complete their merger in the next few months. Potash Corp. investors will receive 0.40 of a share in the combined company (called Nutrien) for each POT share they hold; Agrium investors will receive 2.23 shares for each of… Read More

Earnings jump ahead of merger

POTASH CORP. OF SASKATCHEWAN $23 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 840.0 million; Market cap: $19.3 billion; Price-to-sales ratio: 5.0; Dividend yield: 2.4%; TSINetwork Rating: Average; www.potashcorp.com) operates five potash mines in Saskatchewan, which account for 20% of global capacity. It… Read More

POTASH CORP. OF SASKATCHEWAN $21

POTASH CORP. OF SASKATCHEWAN $21 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 839.4 million; Market cap: $17.6 billion; Price-to-sales ratio: 3.3; Dividend yield: 6.2%; TSINetwork Rating: Average; www.potashcorp.com) gets 40% of its revenue and 50% of its earnings from potash, followed by… Read More

Fertilizer stocks: 1 buy & 1 hold

Bad weather and increasing production have hurt fertilizer prices. As a result, Potash Corp. and Agrium have cut their 2016 earnings forecasts. We still like both companies, but Agrium’s expanding retail business makes it the better choice.

POTASH CORP. OF SASKATCHEWAN $21 (Toronto symbol POT;… Read More