Mark Connelly News
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North American fertilizer production projects totaling $22 billion may be at risk of delay amid increased scrutiny from regulators and communities after last week’s explosion at a Texas plant killed 14 people.
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Jefferies Group Inc., the New York- based brokerage that specializes in mid-sized companies, hired Bank of America Corp.’s Ashley Delp to head its U.S. equity syndicate desk.
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Cargill Inc. Chief Executive Officer Greg Page, who runs the largest agricultural company in the U.S., has a good idea whom to blame for the global surge in food prices at the end of 2010: governments.
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International Paper Co., Weyerhaeuser Co. and other pulp and paper makers may be eligible for U.S. tax credits of as much as $25 billion through 2012, far exceeding the so-called black-liquor benefits that bolstered profit this year, equity and tax analysts said in reports today.
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OAO Uralkali, Russia’s biggest fertilizer maker, is ready to cut production to prevent potash prices from falling after Potash Corp. of Saskatchewan Inc. announced reductions this year.
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Mosaic Co., the largest U.S. fertilizer producer, reported fiscal second-quarter profit that beat analysts’ estimates after North American sales helped potash volumes to exceed its own forecast.
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Weyerhaeuser Co., a U.S. lumber producer and home builder, fell the most in nine months after profit from land sales in the fourth quarter overshadowed weaker-than-expected earnings from wood products.
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DuPont Co. , the third-biggest U.S. chemical maker, posted fourth-quarter earnings that beat analysts’ estimates as paint-pigment and solar-materials jumped and taxes plunged. DuPont raised its 2011 profit forecast.
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Rock-Tenn Co., the second-largest U.S. maker of corrugated shipping boxes, rose the most in more than a year after posting fiscal first-quarter profit that beat analysts’ estimates.
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Potash Corp. of Saskatchewan Inc. , the target of a $40 billion hostile takeover offer from BHP Billiton Ltd. , reported third-quarter profit that beat analysts’ estimates and raised its full-year earnings forecast.
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