Author Archives: Plantations International

Mid-Afternoon Market Update: Dow Gains Over 50 Points; Globalstar Shares Surge Following FCC News

Toward the end of trading Monday, the Dow traded up 0.26 percent to 19,895.29 while the NASDAQ rose 0.64 percent to 5,472.23. The S&P also rose, gaining 0.32 percent to 2,265.21. Leading and Lagging Sectors Technology shares gained around 0.86 percent in trading on Monday. Meanwhile, top gainers in the sector included Unisys Corporation (NYSE:… Read More: Mid-Afternoon Market Update: Dow Gains Over 50 Points; Globalstar Shares… »

Why Mosaic, Mitel Networks, and Ambac Financial Group Slumped Today

Monday was a quietly positive day for the stock market, with the Dow, S&P, and Nasdaq Composite all regaining some of their lost ground from Friday’s session. Concerns about the assassination of the Russian ambassador to Turkey weighed on sentiment generally, although it also had a positive impact on geopolitically sensitive areas of the market… Read More: Why Mosaic, Mitel Networks, and Ambac Financial Group Slumped Today »

Mosaic to Buy Vale’s Fertilizer Business for $2.5 Billion — 2nd Update

By Paul Kiernan RIO DE JANEIRO — Brazilian mining firm Vale SA said Monday it will sell most of its fertilizer business to U.S.- based The Mosaic Company for around $ 2.5 billion, the latest step in its effort to pay down debt amid the commodity downturn. The deal brings an end to… Read More: Mosaic to Buy Vale’s Fertilizer Business for $2.5 Billion —… »