FMC Corporation is a diversified global specialty chemicals company that focuses on providing innovative solutions primarily for the agricultural sector. The company develops and produces a wide range of crop protection products, including insecticides, herbicides, and fungicides, aimed at enhancing crop yield and quality. In addition to its agricultural offerings, FMC also manufactures lithium compounds essential for the energy storage and electric vehicle industries, as well as specialty chemicals used in various industrial applications. With a commitment to sustainability and innovation, FMC strives to support farmers and industries in achieving efficient and responsible production methods.
Discover why FMC, Mosaic, and Nutrien are top picks for agricultural sector growth, with strong price targets, dividend yields, and institutional backing.
FMC Corp (NYSE: FMC) recently declared a quarterly dividend of 58 cents per share, payable on Oct. 17 to shareholders of record as of Sept. 30. Analysts expect earnings of 55 cents per share and revenue of $1.04B. With a dividend yield of 3.97%, an investor would need $151,203 worth of FMC or 2,586 shares to earn $500 monthly.
PALM BEACH, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The nickel mining market is fueling several international industries that require nickel to continue to expand. Experts see sustained growth in the global nickel mining market. A report from Precedence Research said that the global nickel mining market size, which surpassed USD 50.07 billion in 2023, is projected to be worth around USD 94.43 billion by 2033, expanding at a CAGR of 6.60% from 2024 to 2033. The report said: “The surge in electric vehicle (EV) production and renewable energy projects further propels the demand for nickel, a crucial component in batteries and clean energy technologies. With expanding economies, strategic investments in mining infrastructure, and a burgeoning urbanization trend, Asia-Pacific remains a key player, driving substantial growth and influencing the dynamics of the global nickel mining market. The rapid expansion of the electric vehicle (EV) market stands as a pivotal catalyst, driving a surge in nickel demand. Nickel's indispensable role in electric vehicle batteries positions it as a cornerstone element in this burgeoning market.” It said key takeaways were: “Asia-Pacific contributed more than 58% of market share in 2023; North America is estimated to expand the fastest CAGR between 2024 and 2033; By end-use, the non-ferrous alloys segment has held the largest market share of 46% in 2023; By end-use, the batteries segment is anticipated to grow at a remarkable CAGR of 7.8% between 2024 and 2033; By mining technique, the open cast mining segment generated over 56% of market share in 2023; and By mining technique, the underground mining segment is expected to expand at the fastest CAGR over the projected period.” Active companies in the markets this week include: First Atlantic Nickel Corp. (OTCQB: FANCF) (TSXV: FAN), FMC Corporation (NYSE: FMC), Tesla, Inc. (NASDAQ: TSLA), Power Nickel Inc. (OTCQB: PNPNF) (TSX-V: PNPN), United States Steel Corporation (NYSE: X).
Wall Street traded slightly in the red on Tuesday morning as markets took a cautious stance ahead of the inflation report and the Federal Open Market Committee (FOMC) meeting on Wednesday.
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve’s unexpectedly dovish stance
