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today reported 9% revenue growth to $1.64 billion for the first quarter of 2013 from $1.5 billion for the corresponding quarter of 2012. The company attributed the growth to higher sales of potash, phosphates and some other products, which was partly
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will recommend sharply raising the royalties and taxes that the company pays, says Excellence Investments analyst Gilad Alper. Today, he downgraded his recommendation for the stock to "Market perform", and cut his target price for the share from NIS
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56, Koby Yeshayahou Canadian fertilizers giant Potash Corporation of Saskatchewan reported its first quarter results on Thursday, and, as is customary, held a conference call with analysts after the financials were released. ICL ) and Potash's
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Treasury official opposes Israel Chemicals sale Accountant General Michal Abadi-Boiangiu is overseeing a possible deal due to Treasury chief Yael Andoran's conflict of interests issues. TSX: POT), will be the ministry official overseeing a possible
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Amir Elstein at a restaurant in Tel Aviv to discuss the deal. Potash Corporation wants to acquire Israel Chemicals from Israel Corp., but the government's position on a deal is uncertain. The government's golden share in Israel Chemicals means that
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The workers committee is accusing management of a lack of transparency about the merger talks with the Canadian company. There have been reports that Potash Corporation plans to submit an improved take-over offer for Israel Chemicals to the
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even if there are no talks with the government about a deal at this time. Potash Corporation plans to come prepared for the public debate, which will become increasingly stormy as negotiations on a deal make progress, sending soothing messages to
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today reported lower revenue and profits for the fourth quarter and full year of 2012, due to lower potash sales to China and India. The company expects improved potash sales in 2013, although this will be partly offset by lower sales for industrial
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The Tel Aviv 25 Index fell 0.44% to 1,216.09 points, the Tel Aviv 100 Index fell 0.44% to 1,085.89 points, and the BlueTech 50 Index fell 0.65% to 310.78 points...In the foreign currency market, options pointed to a 0.10% gain in the shekel-dollar
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Yesterday, Potash Corporation announced that it was suspending plans to acquire Israel Chemicals, because of the political situation in Israel. Israel Chemicals employs 5,000 people in the Negev and 25,000 people are indirectly employed. The company
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