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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
June 13, 1996
FMC CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-2376 94-0479804
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
200 East Randolph Drive, Chicago, Illinois 60601
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(address of principal executive offices) (Zip Code)
(312) 861-6000
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(Registrant's telephone number, including area code)
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Item 5. Other Events
On June 13, 1996 FMC Corporation issued the following release:
FMC LOWERS EXPECTATIONS FOR 1996 SECOND QUARTER
CHICAGO, June 13, 1996 -- FMC Corporation today announced that although it
expects 1996 earnings to be at record levels and slightly above 1995 results,
its second quarter will be significantly lower than the 1995 period. Lower
results in the 1996 quarter are driven by market conditions and higher raw
material costs in Performance and Industrial Chemicals, interest costs and other
expenses associated with investment projects that are not yet onstream, and an
extremely strong 1995 quarter, particularly in defense. The company currently
estimates earnings between $1.40 and $1.60 per share in the 1996 quarter
compared with $2.06 in the 1995 quarter.
According to FMC Chairman and Chief Executive Officer Robert N. Burt: "Although
we are disappointed in our second quarter estimates, markets seem to be
recovering, and our investment programs remain on track."
Safe Harbor Statement under the Private Securities Litigation Act of 1995:
Substantially all statements in this news release are forward-looking
statements subject to various risks and uncertainties concerning the specific
factors identified above and in the corporation's 1995 Form 10-K and other SEC
filings. The information contained herein represents management's best judgment
as of the date hereof based on information currently available. The corporation
does not intend to update this information and disclaims any legal obligation to
the contrary.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FMC Corporation
Registrant
Date: June 13, 1996 By: /s/ Robert L. Day
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Name: Robert L. Day
Title: Secretary
