FMC Corporation (FMC) Q2 2010 Earnings Call July 29, 2010 11:00 pm ET Executives Pierre Brondeau - President & CEO Milton Steele - VP and General Manager, Agricultural Products Kim Foster - SVP & CFO Ted Butz - VP & General Manager, Specialty Chemicals Michael Wilson - VP & General Manager, Industrial Chemicals Analysts Scott Levine - JPMorgan Hamzah Mazari - Credit Suisse Jonathan Ellis - Bank of America Corey Greendale - First Analysis Bill Fisher - Raymond James Richard Skidmore - Goldman Sachs Michael Hoffman - Wunderlich Securities PresentationOperator
Good evening, and welcome to the second quarter 2010 earnings release conference call for FMC Corporation. Phone lines will be placed on listen-only mode throughout the conference. After the speaker’s presentation, there will be a question-and-answer period. (Operator Instructions). Thank you. I'd like to turn the conference over to Mr. Brennen Arndt. Mr. Arndt, you may begin your conference. Brennen Arndt Thank you very much. Thank you, and welcome everyone to FMC’s second quarter 2010 conference call and webcast. Pierre Brondeau, President and Chief Executive Officer, will begin the call with a review of our second quarter performance. Following Pierre, Milton Steele, Vice President and General Manager, Agricultural Products will report on AG product second quarter performance, third quarter outlook and then provide an in-depth review of the differentiating strategy. The group is employing to sustain growth while delivering operating margins well ahead of industry averages. Milton will then turn the call over to Kim Foster, Senior Vice President and Chief Financial Officer, for a report on our financial position. Pierre will then provide our outlook for the third quarter, full year 2010, and we’ll complete the call by taking your questions. Joining Pierre, Kim, and Milton for the Q&A session will be Ted Butz, Vice President and General Manager, Specialty Chemicals; Michael Wilson, Vice President and General Manager, Industrial Chemicals; and Mark Douglas, Vice President, Global Services and International Development.