Potash Corp. of Saskatchewan

Shares of Potash Corp. were down Thursday after Canada blocked BHP Billiton's bid to buy the company, and it appears unlikely that the government, focused on protecting national assets, will change its mind.

In a surprise decision by a government that has historically favored foreign investment, Canada has rejected a foreign takeover bid for Saskatchewan-based Potash Corp. Australian mining company BHP Billiton had offered $38.6 billion in what would have been the world's largest corporate acquisition this year.

Sinochem Group may be unable to bid for Potash Corp. (POT), as the Chinese company is struggling to get state backing for the move. The Chinese government has said it would prefer that the bid not be financed by credit from state banks, Bloomberg News reported without naming its sources....

China's Sinochem Corp. invited Temasek, Singapore's sovereign wealth fund, to join a consortium that may bid for Potash Corp. (POT), Reuters reported. Temasek has not made any decision on whether to join the consortium, Reuters reported without naming its sources. It is not clear if the...

BHP Billiton, the world's biggest miner, says it won't substantially raise its hostile $39 billion bid for Potash even though its quarterly results show it has plenty of cash to go around. "I will be as disciplined on this bid as I've been on every other endeavor," CEO Marius Kloppers told...

After rejecting a $38 billion offer from BHP Billiton, Potash Corp. is now very much in play. Investors have good reason to think that the stock price could be headed much higher in the coming weeks.

Here's news from the business world and other money matters to watch out for Tuesday (last updated at 8:03 a.m. Eastern time): Bond-Yields Point To Economic Growth: The current slowdown in the economic recovery has some analysts predicting a second downturn, also known as a double-dip recession....

Potash Corp. of Saskatchewan Inc. said Monday that its board voted unanimously to reject BHP Billiton's hostile $38.5 billion takeover offer as it doesn't reflect the strong growth the company believes it is poised to enjoy.

Potash Corp. (POT) had contact with China's Sinochem Group and Brazil's Vale (VALE) as the Canadian company looks for alternatives to a hostile takeover bid from BHP Billiton Ltd (BHP). Vale and Sinochem both made contact late last week, Bloomberg News reported without naming its sources. Neither...

Chinese companies may bid for Potash Corp, (POT) as the country's growing food needs make access to fertilizer increasingly urgent. Companies including Sinofert, Chalco and ChemChina are all potential bidders for the Canadian company, Reuters reported without naming its sources. BHP Billiton...