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Thursday, February 06


News

FMC Corp (FMC) Earnings and Revenues Top Estimates in Q4

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FMC Corp (FMC) Earnings and Revenues Top Estimates in Q4. It also surpassed the Zacks Consensus Estimate of $1,194.4 million.Revenues were aided by high demand across all regions notwithstanding unfavorable weather conditions in Europe and Asia. It saw higher volumes in all regions in the quarter.Revenue growth was supported by 11% contribution from volume, which was partly offset by a 2% unfavorable impact of currencies. Adjusted earnings are forecast in the range of $1.76-$1.86 per share, reflecting 5% growth at the midpoint compared with first-quarter 2019 figure.The company also expects to buyback $400-$500 million of its shares in 2020.Zacks Rank & Key PicksFMC currently carries a Zacks Rank #4 (Sell).Some better-ranked stocks in the basic materials space include Daqo New Energy Corp. DQ, Royal Gold, Inc. RGLD and Pretium Resources Inc. PVG.Daqo New Energy has projected earnings growth rate of 326.3% for 2020 and sports a Zacks Rank #1 (Strong Buy).

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Wednesday, February 05


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FMC Corporation Delivers Strong Fourth Quarter and Full-Year Results

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Company expects to repurchase $400 to $500 million of FMC shares in 2020. Year-over-year growth in the quarter was driven by strong operational performance and a lower share count; EBITDA growth contributed 34 cents of the EPS growth, and the lower share count contributed 5 cents of EPS growth. In some cases, FMC has identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Recast 2018 financials, as filed on a Form 8-K on March 22, 2019, exclude the former Lithium segment, which allows us to show a true year-over-year comparable metric for the 2019 periods. Although we provide forecasts for non-GAAP financial measures including, but not limited to, adjusted earnings per share, total company adjusted EBITDA and free cash flow, we are not able to forecast the most directly comparable measures calculated and presented in accordance with GAAP.

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Monday, February 03


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Pesticides: Competitive Analysis & Leadership Report 2018 - Bayer Ranks Number One, Followed by Syngenta, BASF, DowDuPont, and FMC Corporation

FMC BAYN +1 more FMC BAYN BAS

DUBLIN, Feb. 3, 2020 /PRNewswire/ -- The "Worldwide Pesticides Competitive Analysis and Leadership Study 2018" report has been added to ResearchAndMarkets.com's offering. Over the last five years, suppliers have focused on new product developments and acquisitions. Bayer AG acquired Monsanto to become world's biggest agro-chemicals market leader. Collected from a series of primary vendor interviews and secondary sources, the analyst also provides its own scorecard for determining which of these companies is better aligned with future market opportunities and which has the ability to gain additional market share.Using its proprietary research methodology, the analyst has developed a comparative analysis tool, the Leadership Quadrant, which identifies leaders and challengers in the pesticides market and rates each pesticides producer on two primary criteria as shown below:.

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FMC Corp (FMC) to Post Q4 Earnings: What's in the Cards?

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FMC Corp (FMC) to Post Q4 Earnings: What's in the Cards? Fourth-quarter results are likely to reflect favorable demand for its herbicides and insecticides. However, some unfavorable impacts from raw materials cost inflation and currency swings are likely to have affected margins in the to-be-reported quarter.Let’s see how things are shaping up for this announcement.What to ExpectThe Zacks Consensus Estimate for fourth-quarter sales is currently pegged at $1,194 million, which suggests 2.1% decline year over year.In October 2019, the company raised revenues and earnings guidance for 2019. For the full year, it now projects revenues between $4.58 billion and $4.62 billion, up from the previous range $4.5-$4.6 billion. The company is also exposed to headwind from unfavorable currency translation, which might have impacted its sales and margins.Zacks ModelOur proven model does not conclusively predict an earnings beat for FMC Corp this time around. You can see the complete list of today’s Zacks #1 Rank stocks here.Cleveland-Cliffs Inc. CLF, scheduled to release fourth-quarter 2019 earnings on Feb 27, has an Earnings ESP of +6.25% and carries a Zacks Rank #2.AK Steel Holding Corporation AKS, scheduled to release fourth-quarter 2019 earnings on Feb 27, has an Earnings ESP of +16.67% and carries a Zacks Rank #3.Free: Zacks’ Single Best Stock Set to DoubleToday you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020.

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Wednesday, January 22


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FMC Corporation Announces Date of 2020 Annual Meeting of Stockholders

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FMC Corporation (NYSE: FMC) announced today that its 2020 Annual Meeting of Stockholders will be held on Tuesday, April 28, 2020, at 2 p.m. FMC Corporation, an agricultural sciences company, provides innovative solutions to growers around the world with a robust product portfolio fueled by a market-driven discovery and development pipeline in crop protection, plant health, and professional pest and turf management. This powerful combination of advanced technologies includes leading insect control products based on Rynaxypyr® and Cyazypyr® active ingredients; Authority®, Boral®, Centium®, Command® and Gamit® branded herbicides; Talstar® and Hero® branded insecticides; and flutriafol-based fungicides. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.

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Tuesday, January 21


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FMC Corporation Receives Perfect Score on 2020 Human Rights Campaign's Corporate Equality Index

FMC

FMC Corporation (NYSE: FMC) announced today that it has received a perfect score of 100 percent on the 2020 Corporate Equality Index (CEI), a national benchmarking survey and report measuring corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign Foundation. "FMC has focused on driving meaningful progress in diversity and inclusion at FMC, including several significant policy changes related to parental leave and domestic partner and transgender inclusion benefits in the U.S. over the past several years. Creating a workplace where people feel engaged and a sense of belonging matters not only for current employees but also to the next generation of employees and the future of our company," said Pierre Brondeau, chairman and chief executive officer at FMC. The group holds events throughout the year to reinforce Company commitments to fairness and equality, and advocates for new policy or policy modifications where necessary to establish best practices for LGBTQ inclusion. SPECTRUM is one of six employee resource groups at FMC, which also include The Bridge, a multicultural ERG; Women's Initiative Network (WIN); i-Gen, an intergenerational ERG; Valuing Individuals with Visible and Invisible Disabilities (VIVID); and Honor, a veterans group open to all employees to promote, provide awareness and support veterans within FMC and our local communities.

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Tuesday, January 07


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FMC Corporation Announces Dates for Fourth Quarter 2019 Earnings Release and Webcast Conference Call

FMC

FMC Corporation (NYSE: FMC) today announced it will release its fourth quarter 2019 earnings on Wednesday, February 5, 2020, after the stock market close via PR Newswire and the company's website at: http://www.fmc.com. Dial-in telephone numbers:United States: (844) 767-5679International: (409) 207-6967Access code: 2130933. FMC Corporation, an agricultural sciences company, provides innovative solutions to growers around the world with a robust product portfolio fueled by a market-driven discovery and development pipeline in crop protection, plant health, and professional pest and turf management. Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information.

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Thursday, December 19


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FMC Corporation Board Raises Dividend by 10 Percent

FMC

FMC Corporation (NYSE: FMC) announced today that its board of directors declared a regular quarterly dividend of 44 cents per share, payable on January 16, 2020, to shareholders of record as of the close of business on December 31, 2019. "Today's dividend increase is in line with the Company's previously communicated policy to regularly reward shareholders by increasing the dividend at least at the same rate of net income growth," said Andrew Sandifer, executive vice president and chief financial officer at FMC. FMC Corporation, an agricultural sciences company, provides innovative solutions to growers around the world with a robust product portfolio fueled by a market-driven discovery and development pipeline in crop protection, plant health, and professional pest and turf management. This powerful combination of advanced technologies includes leading insect control products based on Rynaxypyr® and Cyazypyr® active ingredients; Authority®, Boral®, Centium®, Command® and Gamit® branded herbicides; Talstar® and Hero® branded insecticides; and flutriafol-based fungicides.

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Wednesday, December 18


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FMC Corporation Announces Mark Douglas Will Succeed Pierre Brondeau as President and CEO on June 1, 2020; Brondeau to Become Executive Chairman

FMC

Pierre Brondeau will continue to serve as chairman and CEO through May 31, 2020, at which time he will become executive chairman and remain a member of the Board of Directors. "Mark has been elected following the Board's careful and thorough assessment of the experience, track record and leadership qualities needed to lead FMC," said Brondeau. "I am honored to be elected president and CEO of this great company," said Douglas. "Upon his arrival in 2010, Pierre saw the significant growth potential of FMC and charted a new course that would eventually transform the company. His vision reshaped nearly every aspect of the enterprise, including the business portfolio, operating structure, and a culture of high performance," Volpe said. "A decade of results speak for themselves: More than a dozen acquisitions and divestitures; two of the largest transactions in company history, including the 2017 acquisition of a majority of DuPont's crop protection assets; total shareholder return of more than 325 percent; nearly 90 percent reduction in the company's recordable injury rate; and the transformation into a leading, global crop protection innovator. The Board looks forward to Pierre's guidance as executive chairman, and we know that as CEO, Mark will continue to lead FMC with the conviction, passion and strategic foresight that have guided the company's success."

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Monday, December 02


News

Global Carrageenan Market 2019 – FMC , Shemberg , CEAMSA , Danisco , Gelymar , Karagen Indonesia , CP Kelco , ISI , Cargill , TBK , Accel – Industry News Time 24

FMC

Global Carrageenan Market 2019 – FMC , Shemberg , CEAMSA , Danisco , Gelymar , Karagen Indonesia , CP Kelco , ISI , Cargill , TBK , Accel. The Global Carrageenan Market 2019 report offers clear-cut information about the key business-giants FMC. The Global Carrageenan Market 2019 report is based on key players, which are combined by market share, history of growth and Industry forecasts, it provides in-detailed information, basic needs of the market, and the report shows the how this market is growing Globally. The main regions that contribute to the worldwide Carrageenan Market 2019 are United States, Europe, Japan, China, India, Southeast Asia.

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