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Potash Corp. may reduce 2016 guidance: CIBC

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Potash prices have continued to decline in recent weeks, putting significant pressure around the producers. As a result, Potash Corp. of Saskatchewan Inc.’s 2016 earnings guidance – that was announced barely 8 weeks ago – is already looking shaky, based on CIBC World Markets analyst Jacob Bout. In late January, Potash Corp. predicted earnings of US90 cents to US$1.20 a ...

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