Nufarm’s slump in earnings and weakened balance sheet has a rating agency raising a red flag and a prospective Chinese buyer baulking at paying $13 a share — but CEO Doug Rathbone isn’t about to walk the plank just yet.
Nufarm
Morning Market Report: A sorry start to the week
It’s a bad start to the week, with the market down 67 and Wall St closing down 42.
Morning Market Report: Dow: highest close since January
The Dow finished up 188. It was up 215 at best and down 15 at worst. Highest close since January. Meanwhile, Nufarm announced it has been approached by China’s Sinochem about a potential takeover.
Morning Market Report: A nice market rebound
A nice rebound today, writes Marcus Padley.
