TD Securities Downgrades Agrium (AGU) to Hold, Thinks Consensus 2013 EPS Too High
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Barry Rosenstein Continues to Pressure Agrium (AGU), Says Spin of Farm Network Would Unlock $50 in Value
October 1, 2012 2:26 PM EDTActivist Hedge Fund manager Barry Rosenstein of Jana Partners continues to pressure management at Agrium (NYSE: AGU) to spin off its farm-retail network. His latest push states that, in doing so, it will unlock an additional $50 per share. His comments came during a presentation... More