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$MOS 2Q15 Q&A: Wiesz of HSBC asked whether Ma’aden is expected to be delayed. Rich replied that the company is still targeting ammonia production to come online during 3Q16 with some finished phosphate production targeted by 2016-end. The real ramp up for phosphate production will happen sometime during 2017, added Rich.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.