NEWS
Agrium 4Q Profit Up
Fri Feb 22, 2013 03:34 PM CST

(Dow Jones) -- Fertilizer-maker Agrium Inc. (AGU) said late Thursday it had a record fourth-quarter profit, which came in well ahead of analyst expectations, as sales from its retail segment climbed 8%.

The Calgary, Alta.-based company, which is embroiled in a proxy battle with U.S. hedge fund Jana Partners, said net earnings rose to $354 million, or $2.34 a share, from $193 million, or $1.20 a share, a year earlier.

Results in the latest quarter were bolstered by gains totaling 18 cents a share, while year-earlier earnings included a loss from discontinued operations of 85 cents a share.

Excluding those ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Dr. Dan Talks Agronomy
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
Parallels to 1997
Co-op Backtracks on N Plant
CHS to Invest $2.8B in CF Inc. Unit
DTN Retail Fertilizer Trends