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    market news

    Potash Corp profit more than doubles; raises forecast

    Investing News Network
    Jan. 28, 2011 03:28AM PST
    Potash Investing

    Money Control reports that Potash Corp,(TSE:POT) doubles its profit and issued far stronger forecasts for the year ahead, sending its shares more than 3% higher on Thursday.

    Money Control reports that Potash Corp,(TSX:POT) doubles its profit and issued far stronger forecasts for the year ahead, sending its shares more than 3% higher on Thursday.

    The market news is quoted as saying:

    The Canadian company, the target of a failed USD 39 billion hostile bid last year, also announced a three-for-one split of its common shares and increased its cash dividend.

    Click here to access the entire news

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