Businessweek

CF Industries Holdings, Inc. approved an amendment to the company’s Amended and Restated Certificate of Incorporation to eliminate the company’s classified board structure. Directors elected at the Annual Meeting and thereafter will be elected for one-year terms at each annual meeting of stockholders. Beginning with the company’s 2015 annual meeting of stockholders, all directors will be elected on an annual basis. In addition, the board of directors of the Company adopted Amended and Restated Bylaws to eliminate the company’s classified board structure consistent with the Charter Amendment.

CF Industries Holdings, Inc. announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of $1,336.5 million compared to $1,527.6 million a year ago. Operating earnings were $627.8 million compared to $671.2 million a year ago. Earnings before income taxes and equity in earnings of non-operating affiliates were $536.1 million compared to $640.8 million a year ago. Net earnings were $429.4 million compared to $431.7 million a year ago. Net earnings attributable to common stockholders was $406.5 million or $6.47 per diluted share compared to $368.4 million or $5.54 per diluted share a year ago. Net cash provided by operating activities was $678.7 million compared to $603.2 million a year ago. Additions to property, plant and equipment were $152.8 million compared to $64.3 million a year ago. EBITDA was $651.4 million compared to $701.5 million a year ago. Net sales decrease in Net Sales were primarily due to lower sales volumes in both the nitrogen and phosphate segments and lower average prices for urea and phosphates, which were partially offset by higher selling prices on all other nitrogen products. The sales decrease also is due partially to the impact of a modification to the selling price calculation methodology used for products sold by Canadian Fertilizers Limited (CFL). This modification impacts the comparability of the financial results between the two periods, but does not impact the comparability of the company's net earnings attributable to common stockholders or EBITDA. The company's capital expenditures for the year 2013 on existing facilities are expected to be approximately $450 million. The company expects to spend between $600 million and $800 million during 2013 on capacity expansion projects.

CF Industries Holdings, Inc. announced that they will report Q1, 2013 results After-Market on May 08, 2013

CF Industries Holdings, Inc. Presents at BMO Capital Markets 2013 Farm to Market Conference, May-15-2013 02:00 PM. Venue: Grand Hyatt Hotel, New York, New York, United States.

CF Industries Holdings, Inc. reported that its Board of Directors has declared a $0.40 per share dividend on its common stock. The dividend will be payable on May 30, 2013 to stockholders of record as of May 17, 2013.