Mosaic Company gaps higher on Q3 results
The Mosaic Company (MOS) i sup 8.3% Tuesday morning. The company reported third-quarter earnings of 43 cents per share on an adjusted basis, topping the 25 cents consensus. Mosaic posted sales of $1.98 billion during the quarter, higher than the $1.96 billion forecast.
The Mosaic Company (MOS) manufactures agricultural chemicals.
Sony Corporation (SNE) and Trex Company, Inc. (TREX) top the list of other companies with positive news today, while Under Armour, Inc. (UAA) and Libbey Inc. (LBY) top the list of companies with negative news.
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About Mosaic Company (The)
Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is a leading producer of primary crop nutrients phosphate and potash. The company's assets include phosphate rock mines in Florida and potash mines in Saskatchewan and New Mexico. With the purchase of assets from Vale, Mosaic added significantly to its phosphate production capacity and Brazilian footprint.