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News Buzz: Potash Corp./Saskatchewan, Monsanto Company, Meritor Inc, NetEase

 
 
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Lakeway, TX -- (SBWIRE) -- 02/20/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Potash Corp./Saskatchewan (USA)(NYSE:POT) shares gained 3.92% to $42.19. Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company. It is a producer of potash, phosphates and nitrogen producer. PCS owns and operates five potash mines in Saskatchewan and one in New Brunswick.

How Should Investors Trade POT After The Recent Movement? Find Out Here

Monsanto Company(NYSE:MON) shares increased 3.78% and closed at $19.21 in yesterday’s session. The company, last month, raised fourth quarter 2012 guidance and expects comparable sales to range from flat to up 1%, compared to previous expectation of a decrease in the low single digit range. Net income is expected in the range of $61 to $63 million, or $0.72 to $0.74 per diluted share. This compares to the Company's previous guidance of $53 to $58 million, or $0.62 to $0.68 per diluted share. Analysts are expecting the Company to report EPS of $0.66 for fourth quarter of 2012.

Is MON Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Meritor Inc (NYSE:MTOR) shares increased 3.62% and closed at $4.87 in yesterday’s session. The company, on Jan. 30, posted a first-quarter GAAP net loss from continuing operations of $16 million or $0.17 per share, versus a $13 million or $0.13 per share loss in the prior-year quarter. Adjusted loss from continuing operations totaled $11 million, or $0.11 per share, compared with an income of $11 million, or $0.12 per share, a year ago. Quarterly net loss attributable to Meritor reduced to $21 million, or $0.22 per share, from a $22 million, or $0.23 per share loss, in 2011.

Is MTOR a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

NetEase, Inc (ADR) (NASDAQ:NTES) shares climbed 3.52% and closed at $53.22. The company, on Feb. 6, announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2012. Total revenues for the fourth quarter of 2012 were RMB2.3 billion (US$373.5 million), compared to RMB2.0 billion and RMB2.1 billion for the preceding quarter and the fourth quarter of 2011, respectively. Net profit for the fourth quarter of 2012 totaled RMB1.0 billion (US$161.9 million), compared to RMB811.9 million and RMB898.6 million for the preceding quarter and the fourth quarter of 2011, respectively.

How Should Investors Trade NTES After The Latest Earnings Report? Find Out Here

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