FMC Slashes Q2, FY23 Revenue Outlook

FMC Appoints Chairman Pierre Brondeau To Addl. Role Of CEO To Succeed Mark Douglas

Agricultural sciences company FMC Corp. (FMC) announced Tuesday that its Board of Directors has appointed Pierre Brondeau as chief executive officer, in addition to his role as board chairman. He succeeds current president and CEO Mark Douglas, who has stepped down following more than 14 years with the company.

RTTNews | 440天前

FMC Guides FY24 Revenues In Line With Estimates

Ahead of its Investor Day later on Thursday, agricultural sciences company FMC Corp. (FMC) initiated preliminary revenue guidance for the full-year 2024 in a range of $4.65 billion to $4.85 billion. It also expects adjusted earnings per share to grow faster than adjusted EBITDA in 2024.

RTTNews | 648天前

FMC Slashes Q3 Outlook; Stock Plunges 13%

Agricultural sciences company FMC Corp. (FMC) on Monday slashed its earnings and revenue expectations for the third quarter and revenue forecast for the full-year 2023, mainly driven by substantially lower sales volumes in Latin America, particularly destocking in Brazil and to a lesser degree drought in Argentina.

RTTNews | 672天前

Sensex, Nifty End Higher As IT Stocks Surge On Dovish Fed Boost

Indian shares ended modestly higher on Monday, with IT stocks leading the surge following dovish remarks from U.S. Federal Reserve Chair Jerome Powell.

RTTNews | 6分钟前

Antipodean Currencies Traded Higher Amid Risk-on Mood

The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.

RTTNews | 33分钟前