The bidding war for fertilizer company Potash Corp of Saskatchewan (NYSE:POT) is getting very interesting. Last week, the company rejected a $34 billion buyout bid from mining giant BHP Billiton (NYSE:BHP). BHP countered by saying it would make the bid a $38 billion hostile bid, which means BHP takes...
Australian minerals giant BHP Billiton (NYSE: BHP) failed to take over Potash Corp. (NYSE: POT) with a bid of $130 a share. The failed bid pushed shares nearly 30% higher, raising Potash Corp's market cap to $42 billion - or $6 billion more than the offer from BHP. Potash is the world's largest...
***A 34% gain in seven days ***Scary times in Japan ***What other investment gurus are buying... Fellow Investor, As promised, SmallCapInvestor PRO readers took their gains on Arena Pharmaceuticals (Nasdaq: ARNA ) on Wednesday. The final haul was 34%. Not bad for holding a stock for seven days. I expect...
Posted to
Daily Profit
by
Ian Wyatt
on
03-12-2009
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