Mt newswires stocks to watch_ potash corp and agrium; transcanada, tim hortons (tse_pot) – articlebasis. com

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I read this article and found it very interesting, thought it might be something for you. The article is called MT Newswires Stocks To Watch: Potash Corp and Agrium; TransCanada, Tim Hortons (TSE:POT) and is located at http://www. articlebasis. com/stocks/mt-newswires-stocks-to-watch-potash-corp-and-agrium-transcanada-tim-hortons-tsepot-12863.html.



Potash-rich Saskatchewan – home to mines operated by Potash Corp of Saskatchewan (POT. TO) and Agrium Inc (AGU. TO) – hopes to revise its taxes on production of the crop fertilizer to avoid big revenue drops in years when prices sag, the Canadian province’s economy minister said on Friday, Reuters reported. Canada’s national energy regulator has halted construction on a new TransCanada Corp (TRP. TO) natural gas pipeline after reviewing evidence that it may have spilled a toxic drilling fluid into a major Western Canadian river, a spokesman said on Friday, Reuters reported. Coffee and doughnut chain Tim Hortons (was THI. TO) took surprise measures this week when it pulled the plug on some restaurants in New York and Maine as part of a performance review, according to the Canadian Press.

The stock decreased 1.27% or $0.34 on November 23, hitting $26.33. About 2.30 million shares traded hands or 5.02% up from the average. Potash Corporation of Saskatchewan Inc (TSE:POT) has declined 33.83% since April 21, 2015 and is downtrending. It has underperformed by 32.81% the S&P500.

Out of 5 analysts covering Potash Corp (TSE:POT), 0 rate it “Buy”, 1 “Sell”, while 4 “Hold”. This means 0 are positive. Potash Corp was the topic in 6 analyst reports since July 29, 2015 according to StockzIntelligence Inc.

Potash Corporation of Saskatchewan Inc is a fertilizer company. The company has a market cap of $22.09 billion. The Firm operates in three business divisions: potash, nitrogen and phosphate. It has 11.19 P/E ratio. The Firm owns and operates five potash activities in Saskatchewan and one in New Brunswick.

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