Today’s Trade Alerts include: Converted Organics Inc. (Nasdaq: COIN), Potash Corp. of Saskatchewan Inc. (NYSE: POT), Monsanto Company (NYSE: MON), The Mosaic Company (NYSE: MOS), Agrium Inc. (NYSE: AGU) and Syngenta AG (NYSE: SYT).
“Converted Organics Inc. (COIN) shares slipped nearly 1% to $3.52 Tuesday mid-morning, continuing yesterday’s trip down the chart. Converted Organics focuses on the manufacture, sale and distribution of natural soil amendment products combining nutritional and disease suppression characteristics...
“Converted Organics recently announced that, on July 8, the company received certification from the Washington State Department of Agriculture’s (WSDA) Organic Food Program for its Pacific Choice Hydrolyzed Fish fertilizer for use in organic agriculture…
“Pacific Choice Hydrolyzed Fish is an all-natural fertilizer whose nutrients are derived from the by-products of oceangoing fish and stabilized with phosphoric acid. Converted Organics developed the product in partnership with Pacific Choice Seafood, a Pacific Seafood Group company...”
“Potash Corp. of Saskatchewan Inc. (POT) shares dipped nearly 3% to $175.94 Tuesday morning. PotashCorp engages in the production and sale of fertilizers, and related industrial and feed products in North America…
“PotashCorp recently said its second-quarter profit more than tripled as demand continued to grow for the fertilizer it produces…
“The company reported a record second-quarter earnings of $905.1 million, or $2.82 earnings per share, a 220% increase over second quarter of last year's earnings of $285.7 million, or 88 cents per share. Revenue also rose 94% to $2.62 billion, from $1.35 billion a year ago…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Converted Organics Inc. (Nasdaq: COIN). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
