Worth Watching Stocks in Focus: Potash Corporation of Saskatchewan (USA) (NYSE:POT), Gap Inc (NYSE:GPS)

On Tuesday, Shares of Potash Corporation of Saskatchewan (USA) (NYSE:POT), subtract -1.87% and shut at $17.89 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $17.77 and $18.34. Potash Corporation of Saskatchewan Inc. declared recently that its Board of Directors has declared a quarterly dividend of US $0.10 per share payable February 2, 2017 to shareholders of record January 12, 2017.

PotashCorp is the world’s leading crop nutrient company and plays an integral role in global food production. The company produces the three essential nutrients required to assist farmers grow healthier, more abundant crops. With global population rising and diets improving in developing countries, these nutrients offer a responsible and practical solution to meeting the long-term demand for food. PotashCorp is the leading producer, by capacity, of potash and one of the leading producers of nitrogen and phosphate. While agriculture is its primary market, the company also produces products for animal nutrition and industrial uses. Common shares of Potash Corporation of Saskatchewan Inc. are listed on the Toronto Stock Exchange and the New York Stock Exchange.

Shares of Gap Inc (NYSE:GPS), added 3.52% and shut at $25.87 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $25.17 and $26.08. The association’s commercial center capitalization is $10.06 Billion with the general uncommon loads of 398.00 million. Gap Inc. (GPS) recently stated results for the third quarter of fiscal year 2016. On a stated basis, Gap Inc.’s third quarter fiscal year 2016 diluted earnings per share were $0.51. On an adjusted basis, the company’s diluted earnings per share were $0.60, apart from a $0.09 impact from restructuring costs related to store closure and streamlining measures formerly declared on May 19, 2016. Please see the reconciliation of adjusted diluted earnings per share, a non-GAAP financial measure, from the GAAP financial measure in the table at the end of this press release.

“I’m happy to see improved product across our brands, in addition to areas of healthier merchandise margins, even against the backdrop of challenging traffic trends during the quarter,” said Art Peck, chief executive officer, Gap Inc.

“As we move into the holiday season, our teams are sharply focused on execution and delivering great experiences across the portfolio,” Peck continued. “Looking forward, we remain dedicated to utilizing our scale advantage in supply chain, in addition to through knowledge sharing, in order to drive product innovation across brands and categories.”

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