SOURCE: Industrial Info Resources

Industrial Info Resources

January 07, 2010 05:00 ET

Mosaic Company Earnings Plunge for Second Quarter 2010 After Weak Sales and Prices, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 7, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Fertilizer producer The Mosaic Company (NYSE:MOS) (Plymouth, Minnesota) announced that net earnings for the second quarter of 2010, which ended November 30, 2009, fell dramatically to $107.8 million, from $959.8 million at the same time in 2008. Mosaic had net sales in the second quarter of fiscal 2010 of $1.7 billion, a decrease of $1.3 billion, or 43%, compared to the same period a year ago.

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