2008 News

 
    Print Page  Close Window

Search Investor News
 
DateTitle 
12/22/08The Mosaic Company to Host Analyst Day
PLYMOUTH, Minn., Dec. 22 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) has announced it will host an institutional investor and analyst meeting on Tuesday, January 13, 2009, in New York City from 8:30 a.m. to 11:00 a.m. Eastern Standard Time. The meeting will include remarks from executive management highlighting Mosaic's strategic priorities and the market outlook. Institutional investors seeking more information about the meeting should contact Carmen Kilde, Mosaic In... 
 
12/18/08The Mosaic Company Announces Second Quarter Fiscal 2009 Earnings Release and Conference Call
PLYMOUTH, Minn., Dec. 18 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) plans to issue its second quarter fiscal 2009 earnings results and financial tables on Monday, January 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, January 6, 2009, to discuss its second quarter results. The call will begin at 9... 
 
12/11/08Mosaic 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 19, 2009 to stockholders of record as of the close of business on February 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 Boa... 
Download PDF
12/01/08Mosaic Previews Fiscal 2009 Second Quarter Results
PLYMOUTH, Minn., Dec 01, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- The Mosaic Company (NYSE: MOS) announced today a preview of its results for the fiscal 2009 second quarter ended November 30, 2008. Due to soft market conditions, phosphate sales volumes for the second quarter were approximately 1.3 million tonnes, or about 800,000 tonnes lower than the volume sold during the Company's first quarter in fiscal 2009. The average selling price for DAP during the quarter was withi... 
 
11/25/08The Mosaic Company to Present at Upcoming Investor Conferences
PLYMOUTH, Minn., Nov 25, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in two investor conferences in early December 2008. The first investor conference is the 19th Annual Citi Chemicals Conference on Wednesday, December 3rd in New York, New York. Mr. Larry Stranghoener, Mosaic's Executive Vice President and Chief Financial Officer, will be speaking at 11:10 a.m. EST. Also speaking at this conference will be D... 
 
11/25/08Mosaic Announces New Executive for Mining and Chemical Processing Operations
PLYMOUTH, Minn., Nov. 25 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that Joc O'Rourke will join Mosaic as a senior executive responsible for its global mining and chemical processing operations. Joc will join the company in early January 2009 and will serve on its Senior Leadership Team. "Joc brings over 25 years of experience in operating global mining operations and has spearheaded a variety of large scale expansion projects," said Jim Prokopanko, ... 
 
11/06/08Canpotex Announces Settlement of Japanese Potash Contracts
Click here for PDF version of this release 11/6/2008 -- Canpotex announced today that it has concluded new supply contracts with its Japanese contract customers covering shipments for the first half of 2009 at a price increase of US $200.00 - 220.00/MT (depending on grade) over current contract prices. The new contract price reflects an average equivalent delivered price to Japan of over US $900.00/MT. Steve Dechka, President & Chief Executive Officer of Canpote... 
 
10/24/08The Mosaic Company to Present at Fondsfinans 5th Annual Fertilizer Investor Conference
PLYMOUTH, Minn., Oct. 24 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) has announced that it will participate in the Fondsfinans 5th Annual Fertilizer Investor Conference in London, England on Tuesday, November 4, 2008. Larry Stranghoener, Mosaic's Executive Vice President and Chief Financial Officer will be speaking at 10:45 a.m. London time (5:45 a.m. Eastern Time). The presentation will be webcast live and via replay through the company's website at http://www.mosai... 
 
10/09/08Mosaic Announces Quarterly Dividend of $0.05 Per Share
PLYMOUTH, Minn., Oct. 9 /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 20, 2008 to stockholders of record as of the close of business on November 6, 2008. 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 o... 
Download PDF
10/01/08Mosaic Reports Fiscal Year 2009 First Quarter Results
Quarterly Net Earnings Nearly Quadruple to $1.2 Billion; Diluted EPS Grew to $2.65; Strong Earnings Growth Expected to Continue PLYMOUTH, Minn., Oct. 1 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today net earnings of $1.2 billion, or $2.65 per share, for the first quarter ended August 31, 2008. These results compare with net earnings of $305.5 million, or $0.69 per share, for the quarter ended August 31, 2007. HIGHLIGHTS -- Operating earnings were $1... 
 
10/01/08The Mosaic Company Announces Completion of Sale of Saskferco Products ULC to Yara International ASA
PLYMOUTH, Minn., Oct. 1 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) today announced the completion of the sale of Saskferco Products ULC (Saskferco) to a subsidiary of Yara International ASA (Yara) for approximately $1.6 billion of which Mosaic is entitled to one-half of the proceeds. "The completion of the sale of Saskferco is a key step in our strategic plan and will allow us to focus on our core phosphate and potash businesses," said Jim Prokopanko, President and C... 
 
09/19/08Mosaic Announces First Quarter Fiscal Year 2009 Earnings Release and Conference Call
PLYMOUTH, Minn., Sept 19, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- The Mosaic Company (NYSE: MOS) plans to issue its first quarter fiscal year 2009 earnings results and financial tables on Wednesday, October 1, 2008, 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 plans to conduct a conference call with presentation slides on Thursday, October 2, 2008, to discuss the results. ... 
 
09/02/08Mosaic Contributes $200,000 to American Red Cross and Other Charities for Hurricane Relief Efforts
PLYMOUTH, Minn., Sept. 2 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today it will contribute $200,000 to the American Red Cross and local disaster relief organizations designated by Florida Governor Charlie Crist and Louisiana Governor Bobby Jindal for hurricane relief efforts. Mosaic also said it will match employee contributions to the Red Cross. The donation follows a $50,000 contribution the company made in August to the Red Cross's Tampa Bay Region, which... 
 
07/28/08Mosaic Quadruples Fiscal 2008 Fourth Quarter Net Earnings Over Year-Ago Quarter
Operating Earnings Grew 228% to $1.2 Billion HIGHLIGHTS The Mosaic Company reported outstanding financial results, including net earnings of $862.5 million, or $1.93 per diluted share ("per share"), for the fourth quarter ended May 31, 2008, an increase of $659.9 million or over four fold compared to the same period a year ago. Fourth quarter results and other recent noteworthy events included the following: Operating earnings of $1.2 billion, or 34.0% of net sales, up from $359.8... 
 
07/17/08The Mosaic Company Initiates Quarterly Dividend of $0.05
PLYMOUTH, Minn., July 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 21, 2008 to stockholders of record as of the close of business on August 7, 2008. "We are delighted to begin paying cash dividends to our stockholders," stated Jim Prokopanko, President and Chief Executive Officer of Mosa... 
Download PDF
07/14/08Mosaic and Investment Saskatchewan Announce Agreement to Sell Saskferco Products ULC to Yara International ASA
PLYMOUTH, Minn., July 14 /PRNewswire-FirstCall/ The Mosaic Company (NYSE: MOS) and Investment Saskatchewan today announced a definitive agreement to sell Saskferco Products ULC (Saskferco) to Yara International ASA (Yara) for approximately CDN $1.6 billion (approximately USD $1.6 billion). "We are pleased to reach an agreement for the sale of Saskferco," said Jim Prokopanko, President and Chief Executive Officer of Mosaic. "The timely sale of Saskferco will allow us to focus on ou... 
 
07/09/08Mosaic Announces Fourth Quarter and Fiscal Year 2008 Earnings Release and Conference Call
PLYMOUTH, Minn., July 9 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) plans to issue its fourth quarter and fiscal year 2008 earnings results and financial tables on Monday, July 28, 2008, 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 plans to conduct a conference call with presentation slides on Tuesday, July 29, 2008, to discuss the results. The call will begin at 11... 
 
06/20/08Mosaic and Investment Saskatchewan Announce They Are Seeking a Buyer for Saskferco Products Inc.
PLYMOUTH, Minn., June 20 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) and Investment Saskatchewan today announced they are seeking a buyer for Saskferco Products Inc. (Saskferco). "Saskferco is an excellent company and will have an exciting future under new ownership," said Jim Prokopanko, President and Chief Executive Officer of Mosaic. "The sale of Saskferco will allow us to focus on our core businesses of potash and phosphates and to fund the planned expansions of o... 
 
06/09/08Mosaic Achieves Investment Grade Status
PLYMOUTH, Minn., June 9 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that two of three credit rating agencies that rate the company's debt, Fitch Inc., a majority-owned subsidiary of Fimalac, S.A. and Standard and Poor's Ratings Services, a division of The McGraw-Hill Companies, have upgraded Mosaic's unsecured debt ratings to investment grade status. Given these actions, most of the restrictive covenants relating to the company's 7-3/8% senior notes due 20... 
 
06/03/08Mosaic Announces Fiscal 2009 Financial Guidance
PLYMOUTH, Minn., June 3 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today its financial guidance for its first fiscal quarter ending August 31, 2008 and for its fiscal year ending May 31, 2009. This financial guidance is also being provided during presentations at investor conferences in New York City, NY on June 4 and 5, 2008. "We anticipate reporting robust fourth quarter results in fiscal 2008 as strong demand and the tight supply situation continues for c... 
 
05/28/08Mosaic to Present at Upcoming Conferences in June
PLYMOUTH, Minn., May 28 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in two conferences in New York City in early June. The first is the 3rd Annual JP Morgan Basics and Industrials Conference on Wednesday, June 4, 2008. Mr. Jim Prokopanko, Mosaic's President and Chief Executive Officer, will be speaking at 9:00 a.m. EDT. The second is the Merrill Lynch Agricultural Chemicals Conference on Thursday, June 5, 2008. Mr. Prokopank... 
 
04/16/08Mosaic Announces Canpotex Potash Contract with China
PLYMOUTH, MN, April 16, 2008 – The Mosaic Company (NYSE: MOS) issued a press release today announcing that Canpotex Limited, the export association of Saskatchewan potash producers has reached a potash supply agreement with Sinofert in China for the remainder of calendar 2008. The new contract calls for shipment of one million tonnes of potash, FOB Vancouver, at a $400 per tonne increase over the price in 2007. “We are pleased that Canpotex has finalized negotiations with our Chinese custo... 
 
04/04/08Mosaic Reports Record Third Quarter Results
Quarterly Net Earnings Increased Twelve-Fold to $520.8 million; Diluted EPS Surged to $1.17 HIGHLIGHTS Mosaic reported record results, including net earnings of $520.8 million, or $1.17 per diluted share ('per share'), for the third quarter ended February 29, 2008, an increase of $478.6 million compared to the same period a year ago. Third quarter results included the following: Operating earnings of $647.4 million, or 30.2... 
 
04/04/08The Mosaic Company Announces Additional Potash Expansions
PLYMOUTH, Minn., April 4, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- The Mosaic Company (NYSE: MOS) announced today a long term potash capacity expansion plan in Saskatchewan, Canada in response to continuing robust global demand for potash. The total expansions announced, together with those announced in May 2007, are expected to increase Mosaic's annual capacity by approximately 5.1 million metric tonnes at an estimated average capital cost that is significantly lower ... 
 
03/27/08Mosaic Announces Canpotex Potash Contracts with Indian Customers
PLYMOUTH, Minn., March 27 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that Canpotex Limited, the export association of Saskatchewan potash producers, has reached an agreement to supply 1.3 million metric tonnes of potash to its key Indian customers at $625 per metric tonne CFR. This represents a volume increase of 350,000 metric tonnes and a price increase of $355 per metric tonne from the prior year contract. Shipments will occur during the period betwee... 
 
03/24/08Mosaic Announces Third Quarter Fiscal 2008 Earnings Release and Conference Call
PLYMOUTH, Minn., March 24 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) plans to issue its fiscal 2008 third quarter earnings results and financial tables on Friday, April 4, 2008, prior to the opening of the New York Stock Exchange. Results will be available on Mosaic's website at www.mosaicco.com/investors. The Company plans to conduct a conference call with presentation slides on Friday, April 4, 2008, to discuss the results. The call will begin at 10:00 a.m. Easte... 
 
02/11/08PhosChem Announces 1 Millon Metric Tonne DAP Contract With India
LINCOLNSHIRE, Ill., Feb. 11 /PRNewswire-FirstCall/ -- Phosphate Chemicals Export Association, Inc. (PhosChem) has reached an agreement to supply one million metric tonnes of diammonium phosphate (DAP) to a key Indian customer during the next 13 months. Under the terms of this new contract, the price will be indexed to market pricing. Shipments will occur during the period of March 2008 through March 2009. "India has a large and growing import requirement and we are delighted to ... 
 
02/06/08Mosaic to Present at Morgan Stanley Basic Materials Conference on Tuesday, February 19, 2008
PLYMOUTH, Minn., Feb. 6 /PRNewswire-FirstCall/ - The Mosaic Company (NYSE: MOS) announced today that it will participate in the Morgan Stanley Basic Materials Conference in New York on Tuesday, February 19, 2008. Jim Prokopanko, Mosaic's President and Chief Executive Officer, will be speaking at 4:00 p.m. EST. The presentation will be webcast live and via replay through the company's website at http://www.mosaicco.com/investors. Questions can be directed to Mosaic's Investor Rel... 
 
02/05/08PhosChem Announces Election of Rick McLellan as Chairman
LINCOLNSHIRE, IL, February 5, 2008 – The Phosphate Chemical Export Association (PhosChem) announced today that Richard N. McLellan was elected Chairman of PhosChem. McLellan is Senior Vice President of The Mosaic Company and will retain the Chairmanship of PhosChem through calendar year 2008. Steven H. Paxton will remain as President of PhosChem and Vice President - International Sales for The Mosaic Company. About PhosChem PhosChem was founded in 1974 in accordance with the provisions... 
 
02/01/08The Mosaic Company to Present at Goldman Sachs Twelfth Annual Agricultural Biotech Forum
PLYMOUTH, Minn., Feb. 1 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today that it will participate in the Goldman Sachs 12th Annual Ag Biotech Forum in New York on Tuesday, February 12, 2008. Corrine Ricard, Mosaic's Vice President Business Development, will be speaking at 9:40 a.m. EST. The presentation will be webcast live and via replay through the company's website at http://www.mosaicco.com/investors. Questions can be directed to Mosaic's Investor Rel... 
 
01/09/08Mosaic Reports Strong Results for Fiscal 2008 Second Quarter
Quarterly Net Earnings Increased Nearly Six-Fold to $394.0 million; Diluted EPS Grew 493% to $0.89 HIGHLIGHTS Mosaic reported record results, including net earnings of $394.0 million, or $0.89 per diluted share ("per share"), for the second quarter ended November 30, 2007, an increase of $328.1 million compared to the same period a year ago. These second quarter results included the following: Cash flow from operation... 
 
01/03/08The Mosaic Company Elects James L. Popowich as Director
PLYMOUTH, Minn., Jan. 3 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) announced today the election of James L. Popowich to its Board of Directors. Popowich, who was elected to Mosaic's Board on December 14, 2007, is currently the President of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). He served as President and CEO of Elk Valley Coal Corporation in Calgary, Alberta and President of the Fording Canadian Coal Trust from 2004 to 2006 and he was recently... 
 
01/02/08Mosaic Announces Second Quarter Fiscal 2008 Earnings Release and Conference Call
PLYMOUTH, Minn., Jan. 2 /PRNewswire-FirstCall/ -- The Mosaic Company (NYSE: MOS) plans to issue its fiscal 2008 second quarter earnings results and financial tables on Wednesday, January 9, 2008, prior to the opening of the New York Stock Exchange. Results will also be available on Mosaic's website at www.mosaicco.com/investors. The Company plans to conduct a conference call with presentation slides on Wednesday, January 9, 2008, to discuss the results. The call will begin at 10...