Shares of Potash Corporation of Saskatchewan (USA) (NYSE:POT), inclined 4.53% to $22.16, during its last trading session. The share price of this stock traded recently in a range of $21.26 to $22.20. The company now has a market value of $17.69 billion.
For this company, beta value at 1.00 represents it is more volatile to the shift in the market. If we take a look on its volatility, 4.40% was seen in a week and for the month it was 3.29%.
Potash Corporation of Saskatchewan Inc. (PotashCorp) declared that it has withdrawn its proposal to negotiate a transaction with K+S Aktiengesellschaft (K+S) (SDF:GR).
The private proposal of €41 per share on May 31, 2015 sought to bring together complementary assets that would have improved financial resources and allowed the combined company and its stakeholders to benefit from greater diversification across geographies and products. It reflected a 59 percent premium to the volume weighted average of K+S’ share price during the preceding 12 months and comprised of comprehensive, credible commitments to K+S’ employees, unions and communities.
PotashCorp will continue to focus on its disciplined growth strategy. With a strong balance sheet, top-tier assets and a track record of operational excellence, PotashCorp believes it is well positioned to capture future opportunities.
Potash Corporation of Saskatchewan Inc., together with its auxiliaries, produces and sells fertilizers and related industrial and feed products worldwide. The company operates in three segments: Potash, Nitrogen, and Phosphate.
Finally, ICICI Bank Ltd (ADR) (NYSE:IBN), ended its last trade with 1.86% gain, and closed at $9.02.
The stock closed at a distance of 5.74% from 20-day simple moving average. In the last trading session, the stock’s price moved -12.31% below its 200 day moving average, changing hands as low as $8.93 per share. The stock is presently trading -0.26% below its SMA 50.
ICICI Bank Limited, together with its auxiliaries, provides banking and financial services in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments.
Shares of NRG Energy Inc (NYSE:NRG), declined -2.47% to $15.53, during its last trading session. In the last trading session, the stock moved on high volume, trading at a volume of 7,447,900 as compared to its average daily volume of 6.64M shares.
The stock, as of recent close, has shown weekly upbeat performance of 3.70% which was maintained at -16.35% in 1-month period.
NRG Energy, Inc., together with its auxiliaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, and on-site energy solutions; carbon administration and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset administration services.
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