A couple of fertilizer companies are scheduled to come up with their quarterly results on Aug 2. The fertilizer industry falls under the broader Basic Materials sector which is among those sectors that are expected to see negative earnings growth in the second quarter, per the latest Earnings Preview report. The Basic Materials sector is… Read More »
Mosaic MOS is set to release its second-quarter 2016 results before the bell on Aug 2. In the last quarter, the fertilizer maker’s earnings matched the Zacks Consensus Estimate. However, its profits tumbled in the quarter, hit by lower potash prices and volumes. Although the company gained from cost management initiatives, lower prices across all… Read More »
Plantations International News Palm Oil Facts The oil palm (Elaeis Guineensis) has ancient roots. Oil from this attractive palm, which grows wild in West Africa and Equatorial Africa, has been used as a food and energy source for millennia. Ancient Egyptians used it — as attested by the discovery of an earthenware jar containing residues… Read More »