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VALE

Vale

$5.53

0.08 (1.47%)

, MOS

Mosaic

$25.07

0.43 (1.75%)

17:36
10/05/16
10/05
17:36
10/05/16
17:36

Vale fertilizer asset sale on track despite BNDES request, Reuters reports

Vale's (VALE) plan to sell off fertilizer assets continues to be on track despite a request last week by BNDES, Brazil's state development bank, to analyze the deal more carefully, Reuters reports, citing two people with direct knowledge of the situation. Terms of the transaction, which involves the sale of certain assets to Mosaic (MOS), are unlikely to change significantly, the report says. BNDES delayed the vote on the deal at a Vale board meeting last Thursday, the report notes. One source told Reuters that Mosaic could pay roughly $3.6B for some of the fertilizer assets. Reference Link

VALE

Vale

$5.53

0.08 (1.47%)

MOS

Mosaic

$25.07

0.43 (1.75%)

VALE Vale
$5.53

0.08 (1.47%)

08/09/16
MSCO
08/09/16
UPGRADE
MSCO
Equal Weight
Vale upgraded to Equal Weight from Underweight at Morgan Stanley
09/06/16
UBSW
09/06/16
DOWNGRADE
UBSW
Sell
Vale downgraded to Sell from Neutral at UBS
09/12/16
JPMS
09/12/16
UPGRADE
Target $7
JPMS
Overweight
Vale upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Rodolfo Angele upgrade Vale to Overweight saying he now expects the company to post positive free cash flow in 2017 and beyond amid more supportive iron ore prices. The analyst raised his price target for the shares to $7 from $5.
09/21/16
LEHM
09/21/16
UPGRADE
Target $4
LEHM
Equal Weight
Vale upgraded to Equal Weight from Underweight at Barclays
Barclays analyst Amos Fletcher upgraded Vale to Equal Weight with a $4 price target.
MOS Mosaic
$25.07

0.43 (1.75%)

08/17/16
SUSQ
08/17/16
DOWNGRADE
Target $28
SUSQ
Neutral
Mosaic downgraded to Neutral on lower pricing outlook at Susquehanna
As reported previously, Susquehanna analyst Don Carson downgraded Mosaic to Neutral from Positive. Carson said his downgrade reflects a lower pricing outlook for potash, phosphate, and the likelihood for a limited recovery if any were to occur. Carson lowered his price target to $28 from $30 on Mosaic shares.
08/30/16
RBCM
08/30/16
NO CHANGE
RBCM
RBC says Agrium, Potash merger would not solve industry issues
RBC Capital analyst Andrew Wong views a potential merger between Agrium (AGU) and Potash (POT) as beneficial to both companies, but he feels such a deal would not solve the industry's current oversupply challenges. The analyst also believes that a deal, should it occur, could put Mosaic (MOS) at a disadvantage since it would potentially give the combined company a 67% ownership in Canpotex. Wong thinks the Canpotex structure would need to be reworked if a merger is consummated.
08/31/16
VERT
08/31/16
DOWNGRADE
VERT
Sell
Mosaic downgraded to Sell from Hold at Vertical Research
08/31/16
08/31/16
DOWNGRADE

Sell
Follow-up: Mosaic downgraded to Sell on valuation at Vertical Research
As previously reported, Vertical Research downgraded Mosaic (MOS) to Sell from Hold. The firm's analyst now sees 24% total downside to its $22 price target, including the 3.6% dividend, and expects the Agrium (AGU) and Potash (POT) combination to pressure Mosaic's domestic potash shipments.

TODAY'S FREE FLY STORIES

COST

Costco

$157.59

3.74 (2.43%)

, V

Visa

$79.28

-0.03 (-0.04%)

17:03
12/08/16
12/08
17:03
12/08/16
17:03
Periodicals
Costco rally could have legs, Barron's says »

Shares of Costco (COST)…

COST

Costco

$157.59

3.74 (2.43%)

V

Visa

$79.28

-0.03 (-0.04%)

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OPHT

Ophthotech

$35.79

1.19 (3.44%)

17:03
12/08/16
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17:03
Hot Stocks
Breaking Hot Stocks news story on Ophthotech »

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ASIX

AdvanSix

$20.36

-0.36 (-1.74%)

17:02
12/08/16
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17:02
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17:02
Hot Stocks
AdvanSix reports temporary outage at Hopewell, Virginia facility »

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PRSC

Providence Service

$38.39

1.1 (2.95%)

17:01
12/08/16
12/08
17:01
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17:01
Hot Stocks
Providence Service CEO Herman Schwarz stepping down »

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  • 19

    Dec

MPO

Midstates Petroleum

$20.50

-0.45 (-2.15%)

17:01
12/08/16
12/08
17:01
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17:01
Hot Stocks
Breaking Hot Stocks news story on Midstates Petroleum »

Man Group reports 5.75%…

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DLTH

Duluth Holdings

$37.04

3.09 (9.10%)

16:58
12/08/16
12/08
16:58
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16:58
Hot Stocks
Breaking Hot Stocks news story on Duluth Holdings »

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  • 08

    Dec

CFR

Cullen/Frost

$88.38

1.92 (2.22%)

16:55
12/08/16
12/08
16:55
12/08/16
16:55
Syndicate
Breaking Syndicate news story on Cullen/Frost »

Cullen/Frost files…

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  • 30

    Jan

DTEA

DAVIDsTEA

$9.30

0.15 (1.64%)

16:49
12/08/16
12/08
16:49
12/08/16
16:49
Hot Stocks
DAVIDsTEA appoints Christine Bullen interim president and CEO »

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  • 08

    Dec

ISIL

Intersil

$22.25

0.05 (0.23%)

16:49
12/08/16
12/08
16:49
12/08/16
16:49
Hot Stocks
Intersil stockholders approve merger proposal with Renesas Electronics »

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  • 08

    Dec

DTEA

DAVIDsTEA

$9.30

0.15 (1.64%)

16:47
12/08/16
12/08
16:47
12/08/16
16:47
Earnings
DAVIDsTEA sees FY16 EPS C35c-C40c »

Sees FY16 revenue…

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  • 08

    Dec

TEL

TE Connectivity

$70.60

0.14 (0.20%)

16:45
12/08/16
12/08
16:45
12/08/16
16:45
Hot Stocks
TE Connectivity raises quarterly dividend to 40c per share from 37c »

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DLTH

Duluth Holdings

$37.04

3.09 (9.10%)

16:41
12/08/16
12/08
16:41
12/08/16
16:41
Earnings
Duluth Holdings sees FY16 adjusted EBITDA $34M-$38M »

Seees FY16 GAAP EPS in…

03/08/13
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  • 08

    Dec

16:39
12/08/16
12/08
16:39
12/08/16
16:39
General news
Fed Balance Sheet Level data reported »

Week of 12/7 Fed Balance…

16:39
12/08/16
12/08
16:39
12/08/16
16:39
General news
Money Supply M2 Weekly Change data reported »

Week of 11/28 Money…

ENZ

Enzo Biochem

$7.48

0.2 (2.75%)

, BDX

Becton Dickinson

$163.64

-0.35 (-0.21%)

16:38
12/08/16
12/08
16:38
12/08/16
16:38
Earnings
Enzo Biochem reports Q1 adjusted EPS (3c), one estimate (5c) »

Reports Q1 revenue…

ENZ

Enzo Biochem

$7.48

0.2 (2.75%)

BDX

Becton Dickinson

$163.64

-0.35 (-0.21%)

RHHBY

Roche

$27.08

-0.36 (-1.31%)

03/08/13
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  • 09

    Dec

CNS

Cohen & Steers

$37.23

0.48 (1.31%)

16:37
12/08/16
12/08
16:37
12/08/16
16:37
Hot Stocks
Cohen & Steers reports AUM of $56.5B as of November 30 »

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AWK

American Water

$73.05

0.39 (0.54%)

16:37
12/08/16
12/08
16:37
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16:37
Hot Stocks
NJ American Water to invest $3.6M in Somerset County »

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DEI

Douglas Emmett

$38.61

0.25 (0.65%)

16:34
12/08/16
12/08
16:34
12/08/16
16:34
Hot Stocks
Douglas Emmett increases quarterly cash dividend to 23c per share »

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IRIX

IRIDEX

$15.51

0.61 (4.09%)

16:34
12/08/16
12/08
16:34
12/08/16
16:34
Syndicate
IRIDEX announces offering of common stock, no amount given »

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BURL

Burlington Stores

$88.47

0.47 (0.53%)

, BLK

BlackRock

$390.33

12.81 (3.39%)

16:33
12/08/16
12/08
16:33
12/08/16
16:33
Hot Stocks
Frank Cooper III resigns from Burlington Stores board of directors »

Burlington Stores (BURL)…

BURL

Burlington Stores

$88.47

0.47 (0.53%)

BLK

BlackRock

$390.33

12.81 (3.39%)

TJX

TJX

$77.98

-0.21 (-0.27%)

03/08/13
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STBZ

State Bank Financial

$26.90

0.51 (1.93%)

16:33
12/08/16
12/08
16:33
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16:33
Hot Stocks
State Bank Financial reports FDIC approval for previously announced transaction »

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MED

Medifast

$40.65

0.86 (2.16%)

16:32
12/08/16
12/08
16:32
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16:32
Hot Stocks
Medifast raises quarterly dividend 28% to 32c per share »

Medifast announced that…

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  • 09

    Jan

BEN

Franklin Resources

$42.02

1.4 (3.45%)

16:32
12/08/16
12/08
16:32
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16:32
Hot Stocks
Franklin Resources reports month-end AUM of $714.4B »

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APPY

Venaxis

$3.95

-0.28 (-6.62%)

16:32
12/08/16
12/08
16:32
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16:32
Hot Stocks
Venaxis changing name and NASDAQ ticker symbol »

Venaxis has changed its…

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ECL

Ecolab

$119.61

0.8 (0.67%)

16:31
12/08/16
12/08
16:31
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16:31
Hot Stocks
Ecolab raises quarterly dividend 6% to 37c per share »

The board of directors of…

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  • 12

    Dec

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