Wednesday, November 2, 2011

CF Industries beats expectations...

CF Industries Holdings Inc. (CF). The fertilizer producer posted a spike in quarterly profit on Tuesday that widely beat Wall Street's expectations as the company successfully raised prices for nitrogen and phosphate. For the third quarter, it posted net income of $330.9 million, or $4.73 per share, compared with $48.2 million, or 67 cents per share, in the year-ago period.

CF is up 4 points to 162 premarket.

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