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News Breaks
February 6, 2013
16:41 EDTFMCFMC Corporation sees Q1 adjusted EPS $1.02-$1.12, consensus $1.08
The company said, "Agricultural Products' segment earnings are expected to be up approximately 20%, reflecting anticipated strong early demand in North America and a strong finish to the Latin American season. Specialty Chemicals' segment earnings are expected to be up in the high-single-digits percent with flat performance in Lithium and continued solid performance in BioPolymer. And in Industrial Chemicals, we expect earnings to decrease in excess of 20% due to lower soda ash export pricing."
News For FMC From The Last 14 Days
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September 17, 2014
10:48 EDTFMCHigh option volume stocks
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September 11, 2014
10:49 EDTFMCHigh option volume stocks
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September 8, 2014
06:12 EDTFMCFMC Corporation to host conference call
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05:40 EDTFMCFMC Corporation to acquire Cheminova for $1.8B
FMC Corporation announced that it has signed a definitive agreement to acquire Cheminova A/S, a wholly owned subsidiary of Auriga Industries A/S. Cheminova is a multinational crop protection company based in Denmark. FMC will fund the all-cash acquisition through a mixture of debt and existing cash reserves. The transaction is expected to close in early 2015 and will be accretive to adjusted earnings in the first full year following the acquisition. FMC will modify its previously announced separation plans by pursuing a sale of Alkali Chemicals. Commenting on this decision, Brondeau said, "FMC is committed to its strong balance sheet and a sale of Alkali Chemicals will allow us to de-lever to a point that is appropriate for our business profile. Alkali Chemicals is a well-run, highly profitable and cash generative business, and we are confident it will attract many interested buyers. We expect to complete this sale by mid-2015."
05:38 EDTFMCFMC Corporation to acquire Cheminova for $1.8B
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