CF Industries Holdings Inc., Deerfield, Ill., reported second-quarter net earnings of $190 million, surpassing the average analyst projection of $128.6 million, but below the year-ago $283 million. Volumes sold were 5.39 million st, below analyst expectations of 5.45 million st.
The Beirut death toll from a Tuesday explosion at the port has topped 100, with thousands wounded, according to Bloomberg.
Some 2,750 tons of ammonium nitrate was held at Beirut’s port for six years after been seized from an abandoned ship, state media reported officials as saying. The ship had been sailing from Georgia to Mozambique with a cargo of ammonium nitrate in September 2013 when it hit technical difficulties that forced it to call at Beirut, according to a summary by a local firm that helped the crew of the vessel find their way home.
