2009 News

Date Title   12/21/09 Mosaic Files Realigned Segment Data Mosaic Files Realigned Segment Data Mosaic Files Realigned Segment Data Earlier today, The Mosaic Company filed an 8-K with the Securities and Exchange Commission with adjusted financial information about its business segments following their realignment. As we announced on November 30, 2009, Mosaic has realigned its business segments to more clearly reflect the Company's evolving business model. The realignment includes moving from three to two business segments by combining the Offshore b...    12/15/09 Mosaic Announces Second Quarter Fiscal Year 2010 Earnings Release and Conference Call PLYMOUTH, Minn., Dec 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- The Mosaic Company (NYSE: MOS) plans to issue its second quarter fiscal year 2010 earnings results and financial tables on Tuesday, January 5, 2010, after the close of trading on the New York Stock Exchange. Results will be available on Mosaic's website at mosaicco.com/investors. The Company will host a conference call with presentation slides on Wednesday, January 6, 2010, to discuss the results. The call will begin at 11:00 a...  12/11/09 Mosaic Announces Quarterly Dividend of $0.05 Per Share PLYMOUTH, Minn., Dec. 11 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that its Board of Directors declared a quarterly dividend of $0.05 per share on the Company's common stock. The dividend will be paid on February 18, 2010 to stockholders of record as of the close of business on February 4, 2010. The declaration and payment of any future dividends is subject to approval by Mosaic's Board of Directors. There can be no assurance that the Company's Board of Di...  12/01/09 Mosaic Announces Sale of Thailand Business PLYMOUTH, Minn., Dec. 1 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today the sale of its Thailand distribution business to I C P Fertilizer Co., Ltd. The sale of this business is another step toward increasing Mosaic's alignment of its global distribution network with its North American production assets. The transaction will be recorded in the second quarter ended November 30, 2009. About The Mosaic Company The Mosaic Company is one of the world's leadin...  11/30/09 Mosaic Announces Segment Realignment and Phosphate Asset Write-Offs PLYMOUTH, Minn., Nov. 30 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it has realigned its business segments to more clearly reflect the Company's evolving business model. The realignment includes moving from three to two business segments by combining the Offshore business segment with the Phosphates business segment. There are no changes to the Potash business segment. The Company plans to file with the Securities and Exchange Commission a current re...  11/24/09 The Mosaic Company to Present at Bank of America Merrill Lynch 2009 Global Industries Conference PLYMOUTH, Minn., Nov. 24 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the Bank of America Merrill Lynch 2009 Global Industries Conference taking place on Tuesday, December 8, 2009 at The Crowne Plaza Times Square, 1605 Broadway, New York, NY. Jim Prokopanko, Mosaic's President and Chief Executive Officer, will be speaking at 9:00 a.m. EST. Prokopanko will also participate in that day's Keynote Luncheon titled China Trends Panel. Th...  11/23/09 Mosaic to Present at the Citi 20th Annual Chemicals for the Non-Chemist Conference and the 2009 Citi Investment Research Basic Materials Conference PLYMOUTH, Minn., Nov. 23 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the Citi 20th Annual Chemicals for the Non-Chemist Conference taking place on Monday, November 30, 2009 at Citigroup Global Markets, 388 Greenwich Street, in New York, NY. Dr. Mike Rahm, Vice President Market Analysis and Strategic Planning at Mosaic, will be speaking at 3:40 p.m. EST. On Wednesday, December 2, 2009 Mosaic will participate in the 2009 Citi Inv...  11/12/09 Mosaic Updates Market on Esterhazy Brine Inflow PLYMOUTH, Minn., Nov. 12 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) responded to market rumors about elevated levels of brine inflow in the mined out area at its Esterhazy, Saskatchewan potash mine. The Company said that brine inflow rates rise and fall regularly. The current rate of brine inflow is elevated, but within the historical range of inflows at Esterhazy. The Company is evaluating the inflow and is managing it as in the past. Mosaic has successfully mitigated...  11/09/09 The Mosaic Company Releases Inaugural Sustainability Report 2009 Sustainability Report Details Mosaic's Commitment to Helping the World Grow the Food It Needs PLYMOUTH, Minn. Nov. 9 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) today announced it has completed a thorough, company-wide sustainability assessment and published an inaugural sustainability report summarizing key economic, social, agricultural, and environmental initiatives. The report, available at www.mosaicco.com/sustainability/report, measures Mosaic's progress on sustainabi...  10/26/09 Mosaic Declares Special Cash Dividend of $1.30 Per Share PLYMOUTH, Minn., Oct. 26 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today plans to return approximately $580 million to stockholders, or $1.30 per share, through a special cash dividend. The dividend will be financed through cash on hand. "The decision by Mosaic's Board of Directors to return a significant amount of cash to its shareholders is a reflection of our strong cash position and the confidence we have in our future business prospects and cash flows," said...  10/08/09 Mosaic Announces Quarterly Dividend of $0.05 per Share PLYMOUTH, Minn., Oct. 8 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that its Board of Directors declared a quarterly dividend of $0.05 per share on the Company's common stock. The dividend will be paid on November 19, 2009 to stockholders of record as of the close of business on November 5, 2009. The declaration and payment of any future dividends is subject to approval by Mosaic's Board of Directors. There can be no assurance that the Company's Bo...  10/05/09 CEO Message: First Quarter Earnings Today Mosaic announced fiscal 2010 first quarter earnings. We reported net earnings of $100.6 million or $0.23 per diluted share. These results were impacted by a decline in market selling prices for phosphate as well as a decline in potash sales volumes and selling prices. We maintained a strong financial position, with cash and cash equivalents of $2.6 billion. Looking ahead, we expect strong demand in calendar 2010 for both phosphate and potash. Phosphate sal...  10/05/09 Mosaic Reports Fiscal Year 2010 First Quarter Results PLYMOUTH, Minn., Oct 5 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today net earnings of $100.6 million, or $0.23 per diluted share, for the first quarter ended August 31, 2009. These results compare with net earnings of $1.2 billion, or $2.65 per share, for the first quarter ended August 31, 2008. The Company maintained a strong financial position, with cash and cash equivalents of $2.6 billion as of August 31, 2009. KEY ITEMS The average diammonium phosphate (...  09/17/09 Mosaic Announces First Quarter Fiscal Year 2010 Earnings Release and Conference Call PLYMOUTH, Minn., Sept. 17 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) plans to issue its first quarter fiscal year 2010 earnings results and financial tables on Monday, October 5, 2009, after the close of trading on the New York Stock Exchange. Results will be available on Mosaic's website at mosaicco.com/investors. The Company will host a conference call with presentation slides on Tuesday, October 6, 2009, to discuss the results. The call will begin at 9:00 a.m. Eastern...  09/02/09 Moody's Raises Mosaic's Senior Unsecured Ratings to Baa2 Plymouth, Minn., Sep. 2 -- Moody's Investors Service, one of the three credit rating agencies that rate's The Mosaic Company's (MOS) debt, has upgraded Mosaic's senior unsecured rating to Baa2 from Baa3. The decision to raise the rating was based on several factors—Mosaic's strong investment grade credit profile, the strength of its cash flow and its new unsecured $500 million revolving credit facility. "This upgrade enhances our reputation and represents a greater standard of confidence wit...  08/25/09 Mosaic 2009 Annual Meeting of Stockholders PLYMOUTH, Minn., Aug. 25 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) will hold its 2009 Annual Meeting of Stockholders on Thursday, October 8, 2009 at 12:00 p.m. Eastern Time (10:00 a.m. Saskatchewan Time). The meeting will be at the Radisson Plaza Hotel Saskatchewan, 2125 Victoria Avenue, Regina, SK S4P 0S3 Canada. Stockholders of record as of the close of business on August 10, 2009 will be entitled to notice of and to vote at the 2009 Annual Meeting of Stockholders. A we...  07/29/09 Mosaic Announces New Unsecured Credit Facility PLYMOUTH, Minn., July 29 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it has entered into a new unsecured $500 million revolving credit facility with a syndicate of banks. This credit facility has a three year term and replaces a secured credit agreement that included a $450 million revolving credit facility scheduled to mature in February 2010. Wells Fargo Bank, N.A. is the Administrative Agent and Bank of Montreal is the Syndication Agent for the ne...  07/24/09 Canpotex and Indian Buyers Conclude Contracts July 23, 2009 -- Canpotex Limited, the offshore marketing company for Saskatchewan potash producers, today announced that it has concluded contracts for a period of July 2009 through March 2010 with its private and public sector partners in India for volumes totaling approximately 850,000 tonnes, plus an option, at a delivered price of $460 per tonne. Source: Canpotex...  07/22/09 Mosaic Reports Fiscal Year 2009 Fourth Quarter Results PLYMOUTH, Minn, July 22 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today net income of $146.9 million, or $0.33 per diluted share, for the fourth quarter ended May 31, 2009. These results compare with net earnings of $862.5 million, or $1.93 per share, for the fourth quarter ended May 31, 2008. The Company maintained a strong financial position, with cash and cash equivalents of $2.7 billion as of May 31, 2009. KEY ITEMS -- The average diammonium...  07/22/09 Mosaic Announces Quarterly Dividend of $0.05 Per Share PLYMOUTH, Minn., July 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- The Mosaic Company (NYSE: MOS) announced today that its Board of Directors declared a quarterly dividend of $0.05 per share on the Company's common stock. The dividend will be paid on August 20, 2009 to stockholders of record as of the close of business on August 6, 2009. The declaration and payment of any future dividends is subject to approval by Mosaic's Board of Directors. There can be no assurance that the Company's Boar...  07/20/09 PhosChem Announces Increased Volume To Existing DAP Contract With Indian Customers LINCOLNSHIRE, IL, July 20, 2009 – Phosphate Chemicals Export Association, Inc. (PhosChem) announced today an increase in volume to its existing diammonium phosphate (DAP) supply contract with its Indian customers. The volume will be increased by up to 500,000 tonnes from the initial 1.25 million tonnes agreed to earlier this year. Under the terms of the original contract, the price will be indexed to market pricing. Shipments for the increased tonnage will occur between August and October 2...  07/09/09 Canpotex Announces New Sales to Korea and Taiwan for Second-Half 2009 Shipments July 8, 2009 Canpotex confirmed that it has concluded additional second-half contract business with a number of customers in both Korea and Taiwan at price levels similar to Japan . The new price reflects an average equivalent delivered price in the USD700.00/MT range depending on grade. Source: Canpotex...  07/01/09 Mosaic Announces Fourth Quarter and Fiscal Year 2009 Earnings Release and Conference Call PLYMOUTH, Minn., July 1, 2009 /PRNewswire-FirstCall via COMTEX/ -- The Mosaic Company (NYSE: MOS) plans to issue its fourth quarter and fiscal year 2009 earnings results and financial tables on Wednesday, July 22, 2009, after the close of trading on the New York Stock Exchange. Results will be available on Mosaic's Investor website at mosaicco.com. The Company will host a conference call with presentation slides on Thursday, July 23, 2009, to discuss the results. The call will begin at 9:00 a...  06/30/09 Canpotex Announces Japanese Contract Settlement for Second-Half 2009 Shipments June 30, 2009 Canpotex announced to that it has concluded new supply contracts with its Japanese customers covering shipments for the second-half of 2009.  The new contract price reflects an average equivalent delivered price to Japan at over USD700.00 MT depending on grade. Source: Canpotex...  04/30/09 The Mosaic Company to Present at BMO Capital Markets 2009 Agriculture, Protein & Fertilizer Conference PLYMOUTH, Minn., April 30 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the BMO Capital Markets 2009 Agriculture, Protein & Fertilizer Conference taking place on Thursday, May 14, 2009 at the Grand Hyatt Hotel in New York City. Jim Prokopanko, Mosaic's President and Chief Executive Officer, will be speaking at 9:00 a.m. EDT. The presentation will be webcast and slides will be available at the time of the presentation on the C...  04/28/09 The Mosaic Company Elects David T. Seaton as Director PLYMOUTH, Minn., April 28 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced the election of David T. Seaton to its Board of Directors. Mr. Seaton serves as senior group president of Fluor Corporation's Energy & Chemicals, Power and Government business groups. In addition, he is responsible for Fluor's activities in China and the Middle East. Fluor Corporation (NYSE: FLR) is one of the world's leading engineering, procurement, construction, maintenance, and project m...  04/27/09 Mosaic Announces Quarterly Dividend of $0.05 Per Share PLYMOUTH, Minn., April 27 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that its Board of Directors declared a quarterly dividend of $0.05 per share on the Company's common stock. The dividend will be paid on May 21, 2009 to stockholders of record as of the close of business on May 7, 2009. The declaration and payment of any future dividends is subject to approval by Mosaic's Board of Directors. There can be no assurance that the Company's Board of Direc...  04/07/09 Mosaic Reports Fiscal Year 2009 Third Quarter Results PLYMOUTH, Minn., April 7 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today net earnings of $58.8 million, or $0.13 per diluted share, for the third quarter ended February 28, 2009. These results compare with net earnings of $520.8 million, or $1.17 per share, for the third quarter ended February 29, 2008. The Company maintained a strong financial position, with cash and cash equivalents of $2.5 billion as of February 28, 2009. KEY ITEMS -- The ...  03/20/09 The Mosaic Company Announces Fiscal 2009 Third Quarter Earnings Release and Conference Call PLYMOUTH, Minn., March 20 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) plans to issue its fiscal 2009 third quarter earnings results and financial tables on Tuesday, April 7, 2009, after the close of trading on the New York Stock Exchange. Results will be available on Mosaic's website at mosaicco.com/investors. The Company will host a conference call on Wednesday, April 8, 2009, to discuss its third quarter results. The call will begin at 9:00 a.m. Eastern Daylight T...  02/25/09 The Mosaic Company to Present at Credit Suisse 14th Annual Global Ag Productivity Conference PLYMOUTH, Minn., Feb 25, 2009 /PRNewswire-FirstCall via COMTEX/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate at the Credit Suisse 14th Annual Global Ag Productivity Conference on Tuesday, March 10th, 2009 in London. Jim Prokopanko, Mosaic's President and Chief Executive Officer, will be speaking at 12:50 p.m. GMT, or 7:50 a.m. EDT. The presentation will not be webcast but slides will be available at the time of the presentation on the Company's website at www.mosa...  02/18/09 PhosChem Announces 1.25 Million Metric Tonne DAP Contract With Indian Customers LINCOLNSHIRE, Ill., Feb. 18 /PRNewswire/ -- Phosphate Chemicals Export Association, Inc. (PhosChem) has reached agreement to supply 1.25 million metric tonnes of diammonium phosphate (DAP) to two large customers in India. Under the terms of this annual contract, the price will be indexed to market pricing. Shipments will begin in March 2009. "This agreement demonstrates our commitment to serving the growing demand for crop nutrients in India. We are pleased to reach this agreement and loo...  02/02/09 The Mosaic Company to Present at Upcoming Investor Conferences PLYMOUTH, Minn., Feb. 2 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in two investor conferences in February 2009. The first investor conference is the Goldman Sachs Thirteenth Annual Agricultural Biotech Forum on Tuesday, February 10th in New York, New York. Mr. Larry Stranghoener, Mosaic's Executive Vice President and Chief Financial Officer, will be speaking at 9:20 a.m. EST. The second investor conference is the Morgan S...  01/05/09 Mosaic Reports Fiscal Year 2009 Second Quarter Results PLYMOUTH, Minn., Jan 05, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- The Mosaic Company (NYSE: MOS) announced today net earnings of $959.8 million, or $2.15 per diluted share, for the second quarter ended November 30, 2008. These results compare with net earnings of $394.0 million, or $0.89 per share, for the second quarter ended November 30, 2007. The Company maintains a strong financial position, with cash and cash equivalents of $2.8 billion as of November 30, 2008. ...