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FMC Corp (FMC.N)

FMC.N on New York Stock Exchange

61.15USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

FMC Corp announces Q4 and full year 2016 results
Monday, 6 Feb 2017 04:30pm EST 

FMC Corp : FMC Corporation announces fourth quarter and full year 2016 results . Sees FY 2017 adjusted earnings per share $3.20 to $3.60 . FMC Corp says qtrly consolidated GAAP earnings per diluted share of $0.12 . FMC Corp says qtrly consolidated adjusted earnings per diluted share of $0.88 . FMC Corp- Segment revenue for full year of 2017 is anticipated to be approximately $315 million to $355 million for FMC Lithium . FMC Corp- Expects adjusted earnings per share to be in range of $3.20 to $3.60 for full year 2017 . FMC Corp says for Q4, FMC reported revenue of $866 million, a 4 percent decrease over same period in 2015 . Q4 earnings per share view $0.88, revenue view $915.9 million -- Thomson Reuters I/B/E/S . FMC Corp - For 2017 full-year FMC agricultural solutions segment revenue is expected to be approximately $2.2 billion to $2.4 billion . FMC Corp- Segment revenue for full year of 2017 is anticipated to be approximately $750 million to $790 million for FMC Health and Nutrition .FMC Corp - For full year of 2017, FMC Health and Nutrition segment revenue is anticipated to be approximately $750 million to $790 million.  Full Article

FMC FY2016 earnings per share view $2.69 -- Thomson Reuters i/b/e/s
Tuesday, 2 Aug 2016 04:15pm EDT 

FMC Corp : Q2 GAAP earnings per share $0.49 . Agricultural solutions revenue is expected to be in range of $2.2 billion to $2.4 billion for FY . FY2016 earnings per share view $2.69 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.69 . For full year 2016, lithium revenue is expected to be in range of $245 million to $265 million . 2016 lithium earnings are expected to be between $58 and $66 million . Q2 revenue $810 million versus $887.1 million . Q2 earnings per share view $0.68, revenue view $895.2 million -- Thomson Reuters I/B/E/S .Health and nutrition revenue for full year is expected to be between $750 and $800 million.  Full Article

FMC accelerates battery grade lithium hydroxide expansion with multi-year supply agreement
Monday, 25 Jul 2016 06:45am EDT 

Press Release : Over next several years, fmc plans to further increase capacity of lithium hydroxide, raising co's annual output to at least 30,000 metric tons . Fmc corporation accelerates battery grade lithium hydroxide expansion following execution of multi-year supply agreement with major manufacturer of electric vehicles .Additional 4,000 metric ton expansion will come on line in 2017, raising company's total global lithium hydroxide capacity to 18,000 metric tons.  Full Article

FMC to triple its lithium hydroxide production capacity
Monday, 23 May 2016 08:48am EDT 

FMC Corp : Plans to increase its production capacity of lithium hydroxide by a total of 20,000 metric tons per year, effectively tripling its production . Will execute a three-phased capacity expansion over next several years . Phase one is expected to be commissioned and on line in mid 2017, while phase two planning is underway . FMC expects all three phases to be complete by 2019, but has ability to adjust timing to meet market demand .Upon completion of phase three expansion, FMC's lithium hydroxide capacity will be at least 30,000 metric tons.  Full Article

Latin Resources Ltd signs binding term sheet with Lithium company
Sunday, 8 May 2016 07:50pm EDT 

Latin Resources Ltd: Latin Resources Ltd - Latin signs binding term sheet with lithium company Full Article

FMC Corp Increases FY 2016 EPS outlook
Monday, 2 May 2016 04:30pm EDT 

FMC Corp:Increasing guidance for FY 2016 adjusted earnings per diluted share by 5 cents to a range of $2.55 to $2.85.  Full Article

FMC Corporation's Board Declares Quarterly Dividend
Tuesday, 26 Apr 2016 04:30pm EDT 

FMC Corporation:Declared a regular quarterly dividend of 16.5 cents per share, payable on July 21, 2016, to shareholders of record at the close of business on June 30, 2016.  Full Article

FMC Corp - France says to ban imports of cherries treated with dimethoate - Reuters News
Friday, 15 Apr 2016 03:54pm EDT 

FMC Corp:France will stop importing cherries from countries that use insecticide dimethoate after banning the chemical due to concerns over consumer health risks, the French agriculture ministry said. - RTRS.At a meeting of European Union country representatives on Friday, Italy and Spain said they would also withdraw dimethoate from their markets, but France said it would still move to prevent the import of cherries from countries that continued to allow the pesticide, used against fruit fly.Under EU procedures, France's urgent action would normally trigger another meeting of countries representatives within a week.France had called for an emergency EU-wide measures to prevent the use of products containing dimethoate and the marketing of cherries grown using them at a closed-door meeting of experts representing the 28 EU member states on Friday.The European Commission, however, said it opposed the idea of immediate restrictions. "The Commission ... considers that an emergency EU-wide measure is not the appropriate tool to manage this specific situation.France, Italy and Spain are among the major cherry growers in the EU which also include eastern members Poland, Hungary and Romania.Dimethoate-based products, which have previously been withdrawn for use on some other crops, are made by companies including Germany's BASF BASFn.DE and Cheminova, part of FMC FMC.N.  Full Article

FMC Corporation's Board Declares Quarterly Dividend
Thursday, 10 Dec 2015 04:15pm EST 

FMC Corporation:declared a regular quarterly dividend of 16.5 cents per share.payable on January 21, 2016, to shareholders of record at the close of business on December 31, 2015.  Full Article

FMC Corp cuts adjusted profit forecast again; would cut 800 to 850 jobs - Reuters
Sunday, 11 Oct 2015 08:00pm EDT 

FMC Corp:FMC Corp cut its full-year adjusted profit forecast for the second time, citing a fall in the value of the Brazilian currency, and said it would cut 800 to 850 jobs - Reuters.FMC said it now expects annual cost savings of $140 million to $160 million by the middle of 2017, up from prior target of $90 million - Reuters.The company employed about 7,000 people globally - Reuters.  Full Article

More From Around the Web

BRIEF-Nemaska says FMC Corp makes US$10 mln payment per lithium carbonate supply agreement

* FMC Corporation makes a US$10m payment per lithium carbonate supply agreement