Israel Chemicals Upbeat as Q3 Profit Jumps

Reuters reported that higher prices and fertilizer demand helped Israel Chemicals (TLV:ICL) to a higher third quarter profit.

As quoted in the market news:

ICL’s net profit in the third quarter jumped to $436 million from $243 million a year earlier as revenue rose 36 percent to $1.898 billion. It was forecast in a Reuters poll to earn $445 million on revenue of $1.891 billion.

Click here to read the full Reuters report.