Fertilizer maker Mosaic's 4th-quarter profit plunges 79 pct

Tue Feb 11, 2014 7:09am EST
 
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Feb 11 (Reuters) - U.S. fertilizer company Mosaic Co reported a 79 percent plunge in quarterly profit on Tuesday as prices fell.

Net earnings for the fourth quarter slid to $129 million, or 30 cents per share, from $616 million, or $1.44 per share a year ago, while revenue dropped 8 percent to $2.2 billion.