| S&P cuts Israel Chemicals outlook to "negative" | |
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JERUSALEM, Nov 1 (Reuters) - Standard & Poor's lowered its credit outlook for specialty chemicals and fertiliser maker Israel Chemicals (ICL) to "negative" from "stable", citing a likely decline in potash prices next year. S&P maintained a "BBB" rating on ICL's debt, it said in a report published on the Tel Aviv Stock Exchange on Sunday. "The outlook revision reflects ICL's weak operating performance in 2015 and our concern that, without countermeasures, soft potash market conditions may cause the company's profits and key financial metrics to stay below our benchmarks for the 'BBB' rating in 2016," it said. It noted the risk of a 10 percent drop in potash prices next year due to a supply-demand imbalance. ICL, controlled by conglomerate Israel Corp, is one of the three largest suppliers of the crop nutrient potash to China, India and Europe. (Reporting by Steven Scheer; editing by John Stonestreet)
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Potash Corporation of Saskatchewan Inc.
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CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Potash Corp. est une société de production minière basée au Canada. Potash Corp. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 21,7 milliards CA$ (17,2 milliards US$, 14,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 24 mars 1995 à 10,00 CA$, et son plus haut niveau récent le 21 septembre 2007 à 99,07 CA$. Potash Corp. possède 840 009 984 actions en circulation. |