FMC Profit Plummets, Plans More Job Cuts on Brazil Volatility

Astec Lifesciences stock jumped 18% to $2.56 (Rs 163) on the National Stock Exchange after the company’s consolidated net profit for…

Revenue fell 4.7% to $866.7 million, from $909.7 million a year earlier.

Its net loss widened to $26.3 million, or 14 cents a share, from $5.9 million, or 7 cents a share in the year-ago period.

FMC Agricultural Solutions reported sharply lower revenue and earnings in the first quarter, as it was hurt by weakened demand…

Demand from overseas markets offset lower shipments in Japan.

BASF posted a 15% rise in first-quarter sales to $1.9 billion, on strength in Europe and North America.

Bayer CropScience said sales increased 6.6% in the first quarter to $3.45 billion powered by strength in Europe and fungicides.

Dow AgroSciences reported first-quarter sales of $1.9 billion, down 12% versus the year-ago period.

A delayed start to the season in North America also hurt results.