The Mosaic Company (NYSE:MOS) [Trend Analysis] retains strong position in active trade, as shares scoring -6.06% to $27.77 in a active trade session, while looking at the shares volume, around 9.52 Million shares have changed hands in this session. The Mosaic Company (MOS) reported it has agreed to acquire from Vale S.A. its Vale Fertilizantes business for an aggregate purchase price of $2.5 billion. Mosaic intends to fund the acquisition with $1.25 billion in cash, which the company plans to raise through the issuance of debt, and approximately 42.3 million shares of its common stock.
The shares of Mosaic common stock to be issued to Vale at closing are expected to represent approximately 11 percent of Mosaic’s outstanding shares. Vale will have the potential to earn an additional amount of up to $260 million to be paid in cash over the two-year period following closing if certain financial metrics are achieved.
Mosaic said the business to be acquired currently has capacity to produce 4.8 million tonnes of finished phosphate crop nutrients and 500,000 tonnes of potash. It includes five Brazilian phosphate rock mines and four chemical and fertilizer production facilities, as well as one potash facility in Brazil. The firm has institutional ownership of 94.50%, while insider ownership included 0.10%. MOS attains analyst recommendation of 3.10 with week’s performance of -5.92%. Investors looking further ahead will note that the Price to next year’s EPS is 21.63%.
Shares of Intel Corporation (NASDAQ:INTC) [Trend Analysis] swings enthusiastically in regular trading session, it a gain of 1.60% to close at $36.89. Samsung is refreshing its 13- and 15-inch Notebook 9 laptops with Intel’s 7th generation Kaby Lake processors this week, just ahead of the Consumer Electronics Show in January.
The minor refresh introduces Intel’s latest processors alongside some tweaks to the overall design of the Notebook 9. Samsung has opted for a more curved chassis for its thin and light laptop, with slim bezels for the near edge-to-edge display. The tweaks mean the Notebook 9 is now closer to 2 pounds for the 15-inch model, and just 1.8 pounds for the 13-inch version. Moving forward to saw long-term intention, the experts calculate Return on Investment of 13.60%. The stock is going forward its fifty-two week low with 36.47% and lagging behind from its 52-week high price with -3.10%. INTC last month stock price volatility remained 1.65%.