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RR1:AU
Rights Issue and Shortfall
K+S Stock Declines After Growth Forecast, Earnings Miss Analyst Estimates
Aug. 11, 2011 03:24PM PST
Potash InvestingBloomberg reported that shares of K+S (ETR:SDF) were down on news that profits were lower than analysts expected.
Bloomberg reported that shares of K+S (ETR:SDF) were down on news that profits were lower than analysts expected.
The market news is quoted as saying:
K+S has raised prices for potash for customers in Europe, its main market, six times since March 2010 as growing demand for agricultural products provides incentives for farmers to apply more fertilizers.
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