Global Global [ Change Region ] – English

2006 Investor News

Search Investor News
 
DateTitle 
12/04/06Mosaic Announces Completion of $2 Billion Refinancing
PLYMOUTH, Minn., Dec. 4 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it completed a refinancing pursuant to which: Subsidiaries of Mosaic purchased approximately $1,410,991,676 aggregate principal amount of their outstanding senior notes and debentures pursuant to tender offers. Mosaic refinanced a $345 million term loan B facility under its existing senior secured bank credit agreement. Mosaic funded the purchase of ... 
Printer Friendly Version
11/29/06Mosaic Announces Extension of Payment Date for Tender Offers
PLYMOUTH, Minn., Nov. 29 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that its subsidiary Mosaic Global Holdings Inc. had extended the payment date for the previously announced tender offers and consent solicitations by Mosaic Global Holdings Inc. to purchase for cash any and all of its 6.875% Debentures due 2007, 10.875% Senior Notes due 2008, 11.250% Senior Notes due 2011, and 10.875% Senior Notes due 2013 and that its subsidiary, Phosphate Acquisition Par... 
Printer Friendly Version
11/14/06Mosaic Announces Pricing of Offers by Its Subsidiaries to Purchase Approximately $1.5 Billion Senior Notes and Debentures
PLYMOUTH, Minn., Nov. 14 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today the pricing for the previously announced tender offers and consent solicitations by its subsidiary Mosaic Global Holdings Inc. to purchase for cash any and all of its 6.875% Debentures due 2007 (the "2007 Debentures"), 10.875% Senior Notes due 2008 (the "MGH 2008 Notes"), 11.250% Senior Notes due 2011 (the "2011 Notes"), and 10.875% Senior Notes due 2013 (the "2013 Notes") and by its subsi... 
Printer Friendly Version
11/07/06Mosaic Announces Proposed Senior Notes Offering
PLYMOUTH, Minn., Nov 07, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Mosaic Company (NYSE: MOS) announced today that it intends to offer a total of approximately $950 million aggregate principal amount of new senior notes due 2014 and 2016. Mosaic intends to use the net proceeds from the offering, together with term borrowings of approximately $1,050 million under proposed amended and restated senior secured credit facilities, to finance previously announced tender offers by... 
Printer Friendly Version
10/31/06Mosaic Announces Offers by its Subsidiaries to Purchase Approximately $1.5 Billion Senior Notes and Debentures
PLYMOUTH, Minn., Oct. 31 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today the commencement of tender offers by its subsidiary Mosaic Global Holdings Inc. to purchase for cash any and all of its 6.875% Debentures due 2007, 10.875% Senior Notes due 2008, 11.250% Senior Notes due 2011, and 10.875% Senior Notes due 2013. Mosaic also announced the commencement of a tender offer by its subsidiary Phosphate Acquisition Partners L.P. to purchase for cash any and all of ... 
Printer Friendly Version
10/30/06The Mosaic Company Announces Intent of Its Subsidiaries to Offer to Purchase Approximately $1.5 Billion of Senior Notes and Debentures
PLYMOUTH, Minn., Oct. 30 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) today announced that its subsidiary Mosaic Global Holdings Inc. intends to soon launch tender offers to purchase for cash any and all of its 6.875% Debentures due 2007, 10.875% Senior Notes due 2008, 11.250% Senior Notes due 2011, and 10.875% Senior Notes due 2013, and that its subsidiary Phosphate Acquisition Partners L.P. intends to soon launch a tender offer to purchase for cash any and all of its 7% S... 
Printer Friendly Version
10/25/06Mosaic Updates Status on Damage to Louisiana Ammonia Plant; Reduces Phosphates Volume Guidance
PLYMOUTH, Minn., Oct. 25 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that repairs at its Faustina, Louisiana ammonia plant are expected to be completed in six to twelve weeks, depending on a further damage assessment. Mosaic's Faustina ammonia plant suffered damage in a minor explosion earlier this month due to an apparent failure of a welded joint in a heat exchanger vessel. The explosion resulted in no injuries and minor damage to adjacent plants. Mosa... 
Printer Friendly Version
10/12/06Mosaic Reports Minor Explosion at Louisiana Ammonia Plant
PLYMOUTH, Minn., Oct 12, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Mosaic Company (NYSE: MOS) reported today that a minor explosion occurred at its Faustina, Louisiana ammonia plant on Wednesday evening. No injuries resulted from the explosion, which is believed to have occurred in a vessel that contained hydrogen used in the conversion to ammonia. The combustion of hydrogen results in water, therefore no toxic releases occurred. Damage to the Faustina plant is estimate... 
Printer Friendly Version
10/03/06Mosaic's Fritz Corrigan to Retire; Jim Prokopanko Named President and CEO
PLYMOUTH, Minn., Oct. 3 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that Fritz Corrigan, President and Chief Executive Officer, has decided to retire effective January 1, 2007. Succeeding Corrigan will be James T. Prokopanko, Mosaic's Executive Vice President and Chief Operating Officer. Corrigan will continue to serve on Mosaic's Board of Directors until its 2007 Annual Meeting of Stockholders and will provide transition consulting services through Octob... 
Printer Friendly Version
10/03/06Mosaic Reports Fiscal 2007 First Quarter Results
HIGHLIGHTS Earnings for the first quarter ended August 31, 2006, were $109.0 million, or $0.25 per diluted share ("per share"). This compares to reported net earnings of $76.1 million or $0.18 per share, for last year's first quarter. The first quarter results included a tax benefit of $39.0 million, or $0.09 per share, related to a reduction in Canadian deferred tax liabilities as a result of a reduction in future Canadian federal... 
Printer Friendly Version
09/20/06Mosaic Announces First Quarter Fiscal 2007 Earnings Conference Call
PLYMOUTH, Minn., Sept. 20 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) will conduct a conference call on Tuesday, October 3, 2006, to discuss its fiscal 2007 first quarter earnings results. The call will begin at 11:00 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time) and will last no longer than 60 minutes. A webcast of the conference call, both live and as a replay, can be accessed by visiting Mosaic's website at www.mosaicco.com/investors. This webcast wi... 
Printer Friendly Version
08/01/06Mosaic Comments on Florida Department of Environmental Protection Final Order Approving Ona-Ft. Green Mine Permit
MULBERRY, FL, August 1, 2006 – The Mosaic Company (NYSE: MOS) announced today that the Florida Department of Environmental Protection (DEP) has issued a Final Order directing that permits and plan approval be granted to Mosaic's subsidiary, Mosaic Fertilizer, LLC, authorizing mining and reclamation of the Ona-Ft. Green mine property in Hardee County, Florida. The order culminates more than six years of permit proceedings that included multiple hearings, extensive expert testimony and scienti... 
Printer Friendly Version
08/01/06Mosaic Reports Fiscal 2006 Fourth Quarter Results
HIGHLIGHTS The fourth quarter net loss for the period ended May 31, 2006, was $180.9 million, or $0.48 per diluted share ("per share"). This compares to reported net earnings of $94.1 million or $0.22 per share for last year's fourth quarter. Included in the results are: A charge of $287.6 million pre-tax and $285.6 million after tax, or $0.75 per share, from the previously announced restructuring of the Phosphates ... 
Printer Friendly Version
07/27/06Mosaic Announces Agreement Between Canpotex and Sinofert
PLYMOUTH, Minn., July 27 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that Canpotex, the export association for Saskatchewan potash producers, has finalized a potash supply agreement with Sinofert, a large fertilizer distributor in China, for a $25 per tonne price increase for the remainder of calendar year 2006. Mosaic has a 35.37% share of Canpotex shipments. (Logo: http://www.newscom.com/cgi-bin/prnh/20060331/MOSAICLOGO ) "We are pleased that a... 
Printer Friendly Version
07/26/06Mosaic Signs Ammonia Offtake Agreement for Faustina Petroleum Coke Project
PLYMOUTH, Minn., July 26 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that Mosaic Fertilizer, LLC, a wholly-owned subsidiary of The Mosaic Company, has signed a 15-year ammonia offtake agreement with Faustina Hydrogen Products LLC, an affiliate of US Syngas LLC (USS). The term of the ammonia offtake commences upon startup of a petroleum coke gasification project to be constructed adjacent to Mosaic's Faustina phosphate manufacturing plant in St. James Paris... 
Printer Friendly Version
07/20/06Mosaic Announces Fourth Quarter 2006 Earnings Conference Call to be held Tuesday, August 1st, 2006, at 11:00 a.m. EDT
PLYMOUTH, Minn., July 20 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) will conduct a conference call on Tuesday, August 1, 2006, to discuss Fourth Quarter 2006 earnings results. The call will begin at 11:00 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time) and will last no longer than 60 minutes. A Webcast of the conference call, both live and as a replay, can be accessed by visiting Mosaic's web site at www.mosaicco.com/investors. This Webcast will be avail... 
Printer Friendly Version
07/11/06Jim Prokopanko Named Chief Operating Officer of The Mosaic Company
PLYMOUTH, Minn., July 11 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that Jim Prokopanko will be named Executive Vice President and Chief Operating Officer effective July 31, 2006. Prokopanko currently serves as a Corporate Vice President of Cargill, Incorporated. "Jim's 25 years of experience in the crop nutrition industry makes him an ideal choice to be Mosaic's Chief Operating Officer," said Fritz Corrigan, President and Chief Executive Officer of... 
Printer Friendly Version
07/07/06Mosaic 2006 Annual Meeting of Stockholders
PLYMOUTH, Minn., July 7 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) will hold its 2006 Annual Meeting of Stockholders on Wednesday, October 4, 2006 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). The meeting will be at the Radisson Hotel and Conference Center, 3131 Campus Drive, Plymouth, Minnesota 55441. Stockholders of record as of the close of business on August 9, 2006 will be entitled to notice of and to vote at the 2006 Annual Meeting of Stockholders. ... 
Printer Friendly Version
06/30/06Mosaic Announces Conversion of Preferred and Class B Shares to Common Stock
PLYMOUTH, Minn., June 30 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that all of its outstanding 7.50% Mandatory Convertible Preferred Shares ("Preferred Shares") and Class B Common Stock ("Class B Common") will automatically convert into shares of Mosaic common stock ("Common Stock") on July 1, 2006. (Logo: http://www.newscom.com/cgi-bin/prnh/20060331/MOSAICLOGO ) The Mosaic Company currently has outstanding 2,750,000 Preferred Shares that will a... 
Printer Friendly Version
06/07/06PhosChem Announces New Member
... 
Printer Friendly Version
05/31/06Mosaic and OCP Group of Morocco Announce North American GTSP Marketing Agreement
PLYMOUTH, Minn. and CASABLANCA, MOROCCO, May 31 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) and Maroc Phosphore S.A. (MP), an affiliate of Office Cherifien des Phosphates (OCP) Group of Morocco, jointly announced today that they have signed a Memorandum of Understanding for entering into an exclusive long term purchase and sale agreement whereby MP will supply Mosaic with all its requirements of granular triple superphosphate (GTSP) for distribution in the North American m... 
Printer Friendly Version
05/31/06The Mosaic Company to Participate in Merrill Lynch Agriculture Chemicals Conference on June 14, 2006
PLYMOUTH, Minn., May 31 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the Merrill Lynch Agriculture Chemicals Conference in New York. The presentation by Fritz Corrigan, Chief Executive Officer and President of Mosaic, will take place on Wednesday, June 14, 2006, at about 9:30 a.m. EDT and is scheduled to last for approximately 30 minutes, including questions and answers. (Logo: http://www.newscom.com/cgi-bin/prnh/20060331/MO... 
Printer Friendly Version
05/02/06Mosaic Announces Restructuring of Phosphates Business
PLYMOUTH, Minn., May 2 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today plans to close indefinitely its South Pierce and Green Bay phosphate fertilizer production plants and Fort Green phosphate mine in central Florida. The three facilities affected by Mosaic's restructuring actions, which rank as Mosaic's highest cost Florida operations, will cease production at the end of May 2006. (LOGO: http://www.newscom.com/cgi-bin/prnh/20060331/MOSAICLOGO ) The... 
Printer Friendly Version
04/24/06Tony Brausen Joins Mosaic as Vice President of Finance
PLYMOUTH, Minn., April 24 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that its Board of Directors has appointed Anthony T. Brausen as Vice President -- Finance and Chief Accounting Officer. Brausen will lead Mosaic's global Controller organization and his responsibilities will include financial reporting, accounting and financial planning and analysis. Brausen joined Mosaic on February 27, 2006. Prior to joining Mosaic, Brausen served as Vice Presi... 
Printer Friendly Version
04/24/06The Mosaic Company to Participate in Bank of America Basic Industries Conference
PLYMOUTH, Minn., April 24 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the Bank of America Basic Industries Conference in New York. The presentation by Fritz Corrigan, Chief Executive Officer and President of Mosaic, will take place on Thursday, May 4, 2006, at about 9:10 a.m. EST and is scheduled to last for approximately 35 minutes including questions and answers. (Logo: http://www.newscom.com/cgi-bin/prnh/20060331/MOSAICLO... 
Printer Friendly Version
04/21/06The Mosaic Company Board of Directors Declares Final Preferred Stock Dividend Prior to Mandatory Conversion
PLYMOUTH, Minn., April 21 /PRNewswire-FirstCall/ -- The Board of Directors of The Mosaic Company (NYSE: MOS) has declared a cash dividend of $0.9375 per share on the Company's 7.50% mandatory convertible preferred stock (NYSE: MOSPRM) for the period April 3, 2006 through June 30, 2006. The dividend is payable on July 3, 2006 to mandatory convertible preferred stockholders of record at the close of business on June 15, 2006. This mandatory cash dividend represents the final dividend p... 
Printer Friendly Version
04/11/06Mosaic Announces Fiscal 2006 Third Quarter Net Loss of $71.6 Million or $0.19 Per Diluted Share
THIRD QUARTER HIGHLIGHTS The third quarter net loss for the period ended February 28, 2006, was $71.6 million, or $0.19 per diluted share. This compares to reported net earnings of $38.8 million or $0.09 per diluted share for last year's third quarter. The company recorded an unrealized loss totaling $60.8 million from marking-to-market the value of natural gas derivative contracts used to manage price and supply risk in our production operations. In addition, the company had foreign c... 
Printer Friendly Version
04/10/06Mosaic Announces Non-Binding Letter of Intent for Ammonia Offtake
PLYMOUTH, Minn., April 10 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that Mosaic Fertilizer LLC, a wholly-owned subsidiary of The Mosaic Company, has entered into a non-binding letter of intent with US Syngas LLC (USS) to begin the development of a world-scale and environmental state-of-the-art pet coke gasification project based upon gasification technology provided by GE Energy on a site adjacent to Mosaic's Faustina phosphate manufacturing plant in St. ... 
Printer Friendly Version
04/03/06PhosChem and CNAMPGC Announce Agreement on New DAP Contract
LINCOLNSHIRE, Ill., April 3, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Phosphate Chemicals Export Association Inc. (PhosChem) and China National Agricultural Means of Production Group Corporation (CNAMPGC) today jointly announced a new supply contract. Under the terms of this agreement, PhosChem will supply CNAMPGC with 1.0 million metric tonnes of diammonium phosphate (DAP), which will be shipped during April 2006 to March 2007 with market-based pricing at the time of sh... 
Printer Friendly Version
03/31/06Mosaic Announces Third Quarter 2006 Earnings Conference Call to Be Held Tuesday, April 11, 2006, at 11:00 a.m. EDT
PLYMOUTH, Minn., March 31 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) will conduct a conference call on Tuesday, April 11, 2006, to discuss Third Quarter 2006 earnings results. The call will begin at 11:00 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time) and will last no longer than 60 minutes. A Webcast of the conference call, both live and as a replay, can be accessed by visiting Mosaic's web site at http://www.mosaicco.com/investors . This Webcast will b... 
Printer Friendly Version
03/30/06PhosChem Announces New Dap Contract With IPL of India
LINCOLNSHIRE, Ill., March 30, 2006 /PRNewswire via COMTEX News Network/ -- The Phosphate Chemicals Export Association Inc. (PhosChem) today announced a new diammonium phosphate (DAP) supply contract with India Potash Ltd (IPL). Under the terms of this agreement, PhosChem will supply IPL with 330,000 metric tonnes of DAP, which will be shipped in six Panamax vessels to India during April to September at prices reflecting the market at the time of shipment. PhosChem was founded in 1974 in... 
Printer Friendly Version
02/13/06The Mosaic Company Board of Directors Declares Preferred Stock Dividend
PLYMOUTH, Minn., Feb. 13 /PRNewswire-FirstCall/ -- The Board of Directors of The Mosaic Company (NYSE: MOS) has declared a cash dividend of $0.9375 per share on the Company's 7.50% mandatory convertible preferred stock (NYSE: MOSPRM) for the period January 3, 2006 through April 2, 2006. The dividend is payable on April 3, 2006 to mandatory convertible preferred stockholders of record at the close of business on March 15, 2006. About The Mosaic Company The Mosaic Company is on... 
Printer Friendly Version
02/07/06The Mosaic Company to Participate in Goldman Sachs Agricultural Forum
PLYMOUTH, Minn., Feb. 7 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the Goldman Sachs Tenth Annual Agricultural Forum in New York City. The presentation by Fritz Corrigan, Chief Executive Officer and President of Mosaic, will take place on Tuesday, February 14, 2006, at about 9:20 a.m. EST and is scheduled to last for approximately 35 minutes including questions and answers. The presentation will be Webcast live and via repl... 
Printer Friendly Version
02/03/06Mosaic Identifies Preliminary Cause of Potash Esterhazy Fire
ESTERHAZY, Saskatchewan, Feb. 3 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that the Government of Saskatchewan's Fire Commissioner's Office and Mine Safety Unit, together with Mosaic officials, have preliminarily determined the cause of the Esterhazy mine fire to be accidental. Based on the parties' preliminary investigation, use of a cutting torch caused a flame on the interior of polyethylene pipe, which is used in the Company's underground mine ope... 
Printer Friendly Version
01/30/06Mosaic Announces Esterhazy Fire is Out and All 72 Miners Are Safe
ESTERHAZY, Saskatchewan, Jan. 30 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced Monday that at approximately 9 a.m. CST rescue teams had safely evacuated all 72 mine workers from inside the Esterhazy potash mine. "Everyone is now safe and accounted for and with their families. All of us at Mosaic are very thankful for this positive outcome that we've worked very hard to achieve," said Mosaic President and Chief Executive Officer Fritz Corrigan. "The reason I ca... 
Printer Friendly Version
01/17/06Mosaic Announces Fiscal 2006 Second Quarter Net Earnings of $55.0 Million or $0.13 Per Diluted Share
SECOND QUARTER HIGHLIGHTS Second quarter net earnings for the period ended November 30, 2005, were $55.0 million, or $0.13 per diluted share. This compares to a reported net loss of $8.4 million or $0.03 per diluted share in last year's second quarter. Phosphate sales benefited in the second quarter from higher prices, which were partially offset by higher raw material and operating costs. The average diammonium phosphate (DAP... 
Printer Friendly Version
01/04/06Mosaic Announces Second Quarter 2006 Earnings Conference Call to Be Held Tuesday, January 17, 2006, at 12 Noon EST
PLYMOUTH, Minn., Jan. 4 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) will conduct a conference call on Tuesday, January 17, 2006, to discuss Second Quarter 2006 earnings results. The call will begin at 12:00 noon Eastern Standard Time (11 a.m. Central Standard Time) and will last no longer than 60 minutes. This was previously scheduled to be held on Thursday, January 12, 2006. A Webcast of the conference call, both live and as a replay, can be accessed by visiting Mo... 
Printer Friendly Version