Latest The Mosaic Company Stories

MINNEAPOLIS, April 10, 2012 /PRNewswire/ -- Cargill today reported $766 million in earnings from continuing operations in the fiscal 2012 third quarter ended Feb. 29, 2012, essentially even with $763 million earned in the same period a year ago. In the first nine months, earnings from continuing operations were $1.1 billion, compared with $2.29 billion in the year-ago period. Both the prior year figures exclude earnings from Cargill's former majority investment in The Mosaic...

PLYMOUTH, Minn., March 28, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) reported third quarter fiscal 2012 net earnings of $273 million, compared to $542 million a year ago. The decline was primarily driven by lower potash volumes and higher phosphate raw material costs. Earnings per diluted share were $0.64 in the quarter compared to $1.21 in the quarter last year. In the 2012 quarter, earnings per diluted share were negatively impacted by notable items totaling $0.08, primarily...

SASKATOON, March 20, 2012 /PRNewswire/ - Canpotex Limited (Canpotex) today signed a contract with Sinofert Holdings Limited (Sinofert) to supply 500,000 tonnes of potash in the second quarter of calendar 2012. The new contract includes an option to increase this tonnage by an additional 200,000 tonnes for delivery during that same period. Pricing is unchanged from the previous second half 2011 contract. The contract is the third concluded under the three-year Memorandum of...

PLYMOUTH, Minn., March 16, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) today announced it has been recognized by the Ethisphere Institute as one of the 2012 World's Most Ethical Companies (WME). Mosaic has been honored by Ethisphere for promoting the highest ethical standards. Out of a record number of nominations, Mosaic earned a spot on the list by implementing and maintaining business practices and initiatives that are instrumental to the company's success. Mosaic's...

PLYMOUTH, Minn., March 15, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) plans to issue its third quarter fiscal year 2012 earnings results and financial tables on Wednesday, March 28, 2012, after the close of trading on the New York Stock Exchange. Results will be available on Mosaic's website at www.mosaicco.com/investors. The Company will host a conference call with presentation slides on Thursday, March 29, 2012, to discuss the results. The call will begin at 9:00 a.m....

PLYMOUTH, Minn., Feb. 27, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) announced during the Mosaic Analyst Day, hosted February 22, 2012, that its Board of Directors approved an annual dividend program of $0.50 per share. This program increases the annual targeted dividend 150 percent, from the current level of $0.20 per share. The new dividend program is planned to go into effect with the next regularly declared dividend, expected to be declared in April 2012. (Logo:...

PLYMOUTH, Minn., Feb. 21, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) announced it will hold an Analyst Day in Tampa Florida on Wednesday, February 22, 2012. Beginning at 1:00 p.m. Eastern Standard Time, the meetings will be held at the Grand Hyatt Tampa Bay. The meeting is scheduled to end at 5:00 p.m. Eastern Standard Time. (Logo: http://photos.prnewswire.com/prnh/20060331/MOSAICLOGO) Jim Prokopanko Mosaic's President and Chief Executive Officer, will begin the meeting...

PLYMOUTH, Minn., Feb. 21, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) announced today a settlement agreement with the Sierra Club, Manasota-88, and People for Protecting the Peace River in litigation challenging the company's federal wetlands permit at the South Fort Meade mine. This permit allows mining of the Hardee County Extension near Bowling Green, Florida. The settlement, which is subject to approval by the courts, will resolve the pending appellate and trial court...

PLYMOUTH, Minn., Feb. 3, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) has announced a reduction of up to 20 percent in planned potash production from February through May 2012. This curtailment will result in lower operating rates at Mosaic's mines, but is not currently expected to result in any employee layoffs or material mine shutdowns. "Cautious dealer sentiment continues to delay purchases and lower near-term demand for potash," said Jim Prokopanko, President and Chief...

PLYMOUTH, Minn., Jan. 17, 2012 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the CIBC 15th Annual Whistler Institutional Investor Conference held in British Columbia. Jim Prokopanko, Mosaic's President and Chief Executive Officer, will give his opening comments and then take questions and answers on Thursday, January 19, 2012, starting at 1:30 p.m. PST (4:30 p.m. EST). The session will be webcast live and will be available on the...