Shares of agricultural-chemicals specialist FMC Corporation (NYSE: FMC) collapsed in Monday trading, falling 12.5% through 1 p.m. ET, and it's no great secret why:

Early this morning, before the stock market opened for trading, FMC drastically reduced its guidance for its upcoming third-quarter earnings report -- and for the full year as well.  

The news here is pretty grim, so let's break it down line by line.

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Source Fool.com