Industrials
Fertilizer Wars! CF Pressures Terra
CF also announced that it had trimmed its stake in Terra from 7% to 4.98%, below the threshold that requires investors to file regulatory reports with the Securities and Exchange Commission. CF acquired its Terra shares in September for about $247 million, or $35.29 a share on average. It sold shares over the last 60 days on the open market for prices as low as $33.12 and as high as $34.78.
In morning trading Wednesday, Terra shares were changing hands at $32.75, down 58 cents, or 1.7%. CF shares, meanwhile, were gaining ground, up nearly 5% to $92.60. Agrium was rising by 0.7% to $62.60. -- Written by Scott Eden in New York Follow TheStreet.com on Twitter and become a fan on Facebook.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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