Mosaic misses quarterly profit estimates, finance chief to retire
Mosaic had cut its Q3 production forecast following equipment failures in Canada and hurricanes at the US Gulf Coast.
Global BC reported that Canada’s federal government had documentation to indicate that selling Potash Corp. (NYSE:POT) to BHP (NYSE:BHP) could cause the government to lose revenue.
The market news is quoted as saying:
Premier Brad Wall, who waged a high-profile campaign to block the deal, has estimated the province would lose between $3- to $6-billion in revenue over the course of a decade if PotashCorp were sold.
