Israel Chemicals' Q3 Profit Plunges Amid Potash Market Shocks

Despite dismal profit report, the company announced that it was preparing a dual listing of its shares on the New York Stock Exchange.

Weakness in the global potash market led to a sharp decline in Israel Chemicals' third-quarter earnings, the company reported on Wednesday. The earning report came as ICL announced it was preparing a dual listing of its shares on the New York Stock Exchange.