SUGAR LAND, TX -- (Marketwire) -- 01/06/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading miner and fertilizer producer The Mosaic Company (NYSE:MOS) (Plymouth, Minnesota) reported steady gains for the company's fiscal second-quarter 2012, as higher selling prices boosted the potash segment and the MicroEssentials product proved to be a boon for the phosphates segment. Net income for the quarter was reported to be $623.6 million, a 39.2% decrease from the same period last year; when excluding a $570 million after-tax gain from the sale of Mosaic's Fosterfil business in the second of quarter 2011, net income saw a 36.87% gain.
Industrial Info is tracking more than $7 billion in active Mosaic projects.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=193872&refer=marketwire, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact:
Joe Govreau
713-783-5147
