PotashCorp doubles earning in Q3
Potash Corporation of Saskatchewan Inc. (NYSE:POT) doubled its third quarter earnings, reporting 94 cents per share or $826 million compared to 38 cents per share or $343 million a year ago.
The company's stock opened 2.3% higher at $50.65 a share.
During the first the first nine-months of 2011, the company's earnings have doubled from $1.39 per share during the same period last year to $2.73 per share today.
The company said demand was strong from both North American and international customers.