12:01 PM EST - Potash Corp. of Saskatchewan Inc. : reduced its earnings outlook for the second quarter, reflecting substantially lower than forecasted potash sales volumes due to deferral of purchases by customers around the world and lower realized prices for phosphate fertilizers. For the second quarter of 2009, the company now expects $0.70 per share, down from its prior estimate of $1.10 to $1.50 per share. Analysts polled by Thomson Reuters expect the company to earn $0.93 per share for the quarter. Potash Corp. of Saskatchewan Inc.
shares T.POT are trading down $2.75 at $105.30.
