FMC Corporation - FMC STOCK NEWS

FMC Corporation (NYSE: FMC) announced the election of Brian Blair as vice president and treasurer, effective November 1, 2020. He will succeed Brian Angeli, who will focus on leading Precision Agriculture and FMC Ventures. Blair, a finance leader with over a decade at FMC, previously held the role of deputy treasurer. CEO Mark Douglas praised Blair's experience, expecting his leadership to enhance the Treasury group. FMC continues to innovate in agricultural sciences with a considerable employee base of approximately 6,400 worldwide.

FMC Corporation (NYSE: FMC) plans to release its third quarter 2020 earnings on November 2, 2020, after market close, followed by a webcast conference call on November 3, 2020, at 9:00 a.m. ET. Investors can access the conference call via the company's website. A replay will be available from 11:00 a.m. ET on November 3 until November 24, 2020. FMC, an agricultural sciences company, supports growers globally with innovative solutions in crop protection and plant health.

FMC Corporation (NYSE: FMC) has scheduled its Investor Technology Update for November 17, 2020, at 10:00 a.m. ET. The event will be live-streamed and focus on FMC's innovation strategy, R&D pipeline, and recent product launches. Attendees can access the webcast at investors.fmc.com. The session will last for two hours and will also share information on capital allocation priorities. An archived version will be available for one year post-event.

FMC Corporation (NYSE: FMC) announces that CEO Mark Douglas and CFO Andrew Sandifer will present at the Credit Suisse 33rd Annual Basic Materials Conference on September 17 at 9:30 a.m. ET. A live webcast of the event will be available on the company's investor relations website. FMC specializes in agricultural sciences, offering innovative crop protection solutions and a diverse product portfolio that includes insecticides and herbicides. The firm employs approximately 6,400 workers worldwide.

FMC Corporation (NYSE: FMC) and Zymergen have announced a collaboration aimed at developing innovative crop protection solutions. The partnership will leverage Zymergen's extensive molecular library and expertise in synthetic biology to accelerate the discovery of natural products for agriculture. FMC aims to enhance its product pipeline by using Zymergen's gene clusters and fermentation capabilities, targeting specific pests effectively. This collaboration addresses consumer demand for sustainable agricultural practices amid increasing global food needs.

FMC reported Q2 2020 revenue of $1.16 billion, a decrease of 4% compared to Q2 2019, but saw 3% organic growth. GAAP net income reached $185 million, marking a 5% increase year-over-year. Adjusted EBITDA stood at $341 million, a 1% rise. The company raised its full-year revenue outlook to between $4.68 and $4.82 billion, reflecting 3% growth at the midpoint and 9% organic growth. Additionally, adjusted earnings guidance increased to $6.28 to $6.62 per diluted share, indicating a 6% increase.

FMC Corporation (NYSE: FMC) declared a quarterly dividend of 44 cents per share, payable on October 15, 2020. Shareholders recorded as of the close of business on September 30, 2020 will receive this dividend. FMC focuses on agricultural sciences, offering innovative solutions for crop protection and plant health, supported by a diverse product portfolio. The company's workforce comprises approximately 6,400 employees globally. For more information, visit www.fmc.com.

FMC Corporation has elected John Davidson to its Board of Directors as of July 13, 2020. Davidson, a finance leader with extensive global experience, will serve on the Audit and Sustainability Committees. He previously held senior roles at Tyco International, Eastman Kodak, and Dell Computer. His background includes governance and financial reporting expertise. CEO Mark Douglas expressed optimism about Davidson's contribution to FMC's growth strategy, emphasizing a focus on enhancing shareholder value.