$FMC (FMC Corp.)

$FMC {{ '2016-02-10T23:11:46+0000' | timeago}} • Announcement

Based on adjusted tax rate of 24-26%, $FMC sees 2016 adjusted EPS of $2.50-2.80, a rise of 7% at mid-point from 2015. $FMC said it is on track to deliver an additional $60-70MM of savings in 2016. $FMC expects revenue from FMC Agricultural Solutions of about $2.3-2.5Bil and that from FMC Health and Nutrition of $775-825MM.

$FMC {{ '2017-09-21T20:58:15+0000' | timeago}} • Announcement

$FMC received approval from the Competition Commission of India (CCI) for the proposed acquisition of a significant portion of DuPont's Crop Protection business. The CCI is the final jurisdiction to grant antitrust clearance needed to satisfy regulatory conditions for closing. $FMC is on track to close its transactions with DuPont on Nov. 1, 2017.

$FMC {{ '2017-07-21T20:56:53+0000' | timeago}} • Announcement

$FMC declared a regular quarterly dividend of $0.165 per share, payable on October 19, 2017, to shareholders of record on September 29, 2017.

$FMC {{ '2017-06-23T20:47:13+0000' | timeago}} • Announcement

$FMC has signed an agreement to sell its Epax Omega-3 business to Pelagia AS. The transaction is expected to close by the end of 3Q17, subject to regulatory approvals and closing conditions. Terms of the transaction were not disclosed.

$FMC {{ '2017-05-03T15:01:56+0000' | timeago}} • Webcast

$FMC said it is planning to spin its lithium unit in Argentina to avoid paying big taxes. Over the next couple of years, this business is expected to have a significant tax bill, and the company believes the best way to return the value is through a spin rather than selling it.

$FMC {{ '2017-05-03T14:47:13+0000' | timeago}} • Webcast

On pricing pressure, $FMC sees balanced pricing around the world with exception of North America. The company said Europe, Asia and Latin America are performing well with improved margins, but continues to face pricing pressure in North America.

$DD {{ '2017-05-03T14:35:35+0000' | timeago}} • Webcast

In terms of $DD transaction, $FMC said the product line it is going to acquire is forecast at mid-single digit to high-single digit growth rate. $FMC to acquire a significant portion of $DD's Crop Protection business and to sell its Health and Nutrition to $DD. Closing is expected to occur in 4Q17.

$FMC {{ '2017-05-02T21:18:13+0000' | timeago}} • Announcement

In 1Q17, $FMC's revenue from  Agricultural Solutions segment was $530MM, down 3%, while that from Lithium segment was up 8% to $65.6MM. Health and Nutrition results were reported as discontinued operations.

$FMC {{ '2017-05-02T21:12:36+0000' | timeago}} • Announcement

$FMC expects adjusted EPS to be in the range of $2.20-2.60 for FY17, excluding any benefit from the pending $DD transaction, which may accrue in 4Q17.

$FMC {{ '2017-05-02T21:10:02+0000' | timeago}} • Announcement

Chemical manufacturing company $FMC swung to a loss of $124MM, or $0.92 per share in 1Q17, from a profit of  $48MM, or $0.36 per share in the year-ago period. Excluding special charges, the company earned $0.43 per share during the quarter. Meanwhile, revenue slid 2% to $596MM.

$FMC {{ '2017-04-25T21:47:09+0000' | timeago}} • Announcement

$FMC  BoD declared a regular quarterly dividend of 16.5 cents per share, payable on July 20, 2017, to shareholders as on June 30, 2017.

$DD {{ '2017-03-31T13:19:59+0000' | timeago}} • Announcement

$DD agreed with $FMC to divest a portion of $DD's Crop Protection business and to buy substantially all of $FMC's Health & Nutrition business.The merger transaction is still expected to generate cost synergies of about $3Bil and growth synergies of $1Bil. The transaction with $FMC is expected to close in 4Q17.

$DD {{ '2017-03-31T13:18:38+0000' | timeago}} • Announcement

$DD agreed with $FMC to divest a portion of $DD's Crop Protection business and to buy substantially all of $FMC's Health & Nutrition business. The transaction includes consideration to $DD of $1.6Bil to reflect the difference in the value of the assets, including cash of $1.2Bil and working capital of $425MM.

$FMC {{ '2017-03-31T13:16:20+0000' | timeago}} • Announcement

$FMC agreed to buy portion of $DD's Crop Protection business and $DD will buy FMC Health and Nutrition. Closing is expected to occur in 4Q17. $FMC expects this transaction to be immediately accretive to adjusted EPS, and will give updated guidance for 2017 at its earnings call scheduled for May 2, 2017.

$FMC {{ '2017-03-31T13:13:20+0000' | timeago}} • Announcement

$FMC also agreed to buy $DD's global chewing pest insecticide portfolio, its global cereal broadleaf herbicides, and a substantial portion of $DD's global crop protection R&D capabilities. After closing of the acquisition, $FMC Agricultural Solutions will become the fifth largest crop protection chemical company by revenue.

$FMC {{ '2017-03-31T13:11:47+0000' | timeago}} • Announcement

$FMC and $DD signed a definitive agreement for $FMC to buy the portion of $DD's Crop Protection business it must divest to comply with the European Commission ruling related to its merger with $DOW. Also, $DD will buy $FMC Health and Nutrition and receive $1.2Bil in cash.

$FMC {{ '2017-03-01T13:56:52+0000' | timeago}} • Announcement

$FMC's BoD declared a regular quarterly dividend of 16.5 cents per share, payable on April 20, 2017, to shareholders of record at the close of business on March 31, 2017.

$FMC {{ '2017-02-07T16:27:00+0000' | timeago}} • Webcast

$FMC said it has approx. $10MM of non-repeating costs for 2017 related to various programs which will give immediate benefits. Some of these programs commenced in 4Q16. The company said all of these programs will be completed in 2017, with the benefits starting to accrue in late 2017.

$FMC {{ '2017-02-07T16:09:11+0000' | timeago}} • Webcast

$FMC said it continues to expect the global crop protection chemicals market to remain flat in 2017, creating a more stable operating environment for FMC Agricultural Solutions. The company, however, expects market in North America to remain challenging.

$FMC {{ '2017-02-06T21:54:06+0000' | timeago}} • Announcement

For 1Q17, $FMC expects Agricultural Solutions segment earnings of $60-70MM, a decrease of about 20% at the mid-point compared to last year. Health and Nutrition segment earnings are predicted to be $45-50MM, roughly flat. Lithium segment earnings are projected to be $18-22MM, up about 35% from last year.

$FMC {{ '2017-02-06T21:51:57+0000' | timeago}} • Announcement

$FMC expects revenue from Health and Nutrition segment of $750-790MM and segment earnings of $190-200MM for 2017. Lithium segment revenue is predicted to be about $315-355MM and segment earnings are projected to be $90-110MM.

Recent Transcripts

MON (Monsanto Company)
Wednesday, October 4 2017 - 1:30pm
SQM (Chemical & Mining Co. of Chile Inc.)
Thursday, August 24 2017 - 3:00pm
XIN (Xinyuan Real Estate Co., Ltd.)
Friday, August 11 2017 - 12:00pm
BTG (B2Gold Corp.)
Thursday, August 10 2017 - 5:00pm
IFF (International Flavors & Fragrances Inc.)
Wednesday, August 9 2017 - 2:00pm
TROX (Tronox Limited)
Wednesday, August 9 2017 - 12:30pm
PAH (Platform Specialty Products Corporation)
Wednesday, August 9 2017 - 12:30pm
ALB (Albemarle Corporation)
Tuesday, August 8 2017 - 1:00pm
AG (First Majestic Silver Corp.)
Friday, August 4 2017 - 5:00pm
WLK (Westlake Chemical Corp.)
Thursday, August 3 2017 - 3:00pm
MUX (McEwen Mining Inc.)
Thursday, August 3 2017 - 3:00pm
RYAM (Rayonier Advanced Materials Inc.)
Thursday, August 3 2017 - 3:00pm
TGB (Taseko Mines Ltd.)
Thursday, August 3 2017 - 3:00pm
AKG (Asanko Gold Inc.)
Thursday, August 3 2017 - 1:00pm
LXFR (Luxfer Holdings PLC)
Thursday, August 3 2017 - 12:30pm
FMC (FMC Corp.)
Wednesday, August 2 2017 - 1:00pm
ADM (Archer-Daniels-Midland Company)
Tuesday, August 1 2017 - 1:00pm
INGR (Ingredion Incorporated)
Tuesday, August 1 2017 - 12:00pm
LYB (LyondellBasell Industries N.V.)
Friday, July 28 2017 - 3:00pm
AUY (Yamana Gold, Inc.)
Friday, July 28 2017 - 1:00pm

AlphaGraphics you may like