NEWS
Tue Aug 14, 2012 07:01 AM CDT

(Dow Jones) -- A hedge fund that has shaken up large players from Marathon Petroleum Corp. to McGraw-Hill Cos. has found its next target: Agrium Inc., a $15 billion Canadian fertilizer company.

Activist investor Jana Partners LLC has picked up a large stake in Agrium, increasing pressure on the company to cut costs and spin off its retail-distribution arm, people familiar with the discussions said.

Jana, which was founded in 2001, has had a string of recent successes in urging companies to focus on a few core business areas. Earlier this year, Marathon Petroleum said it would explore spinning off ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Rates Too Low Too Long
President Signs WRRDA Bill
Ag's Great Affluenza - 9