|Bid||27.27 x 0|
|Ask||27.39 x 0|
|Day's Range||27.23 - 27.23|
|52 Week Range||27.23 - 184.35|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||6.43|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chemical company DuPont reported lower-than-expected quarterly sales on Thursday, as a 5% dip in volumes more than offset the benefit from higher pricing. The company, the industrial chemicals business of conglomerate DowDupont until a split earlier this year, said net sales for the second quarter totaled $5.5 billion, compared with analysts' estimates of $5.63 billion, according to IBES data from Refinitiv. DuPont posted a loss from continuing operation of $1.1 billion, or $1.48 per share, in the latest quarter, mostly attributable to goodwill impairment and an income tax charge.
PFAS, short for per- and polyfluoroalkyl substances, are a group of chemicals, manufactured in the U.S. from the 1940s through roughly the turn of the century, that can harm people’s health, according to the Environmental Protection Agency. States and municipalities are cleaning up sites involved in the manufacture of the chemicals, while governments are pursuing liability suits seeking money from producers. In the first quarter of 2019, 3M (ticker: MMM) took a $548 million charge for litigation, which it said included $235 million for lawsuits related to PFAS.
DuPont posted stronger-than-expected second quarter earnings Thursday, and boosted its full-year profit guidance, as margins improved thanks to cost cuts and stronger pricing.
Wall Street is souring on the new Dow, one of the stand-alone companies that once were part of the chemical giant DowDuPont. Investors aren’t too hot on any of the three.
Dallas, TX, based Investment company Brookmont Capital Management (Current Portfolio) buys DuPont de Nemours Inc, sells The Estee Lauder Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Brookmont Capital Management. Continue reading...
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included big banks and a retailer bucking the industry trend. Bearish calls included pharma and video ...
Investment company Home Federal Bank Of Tennessee buys DuPont de Nemours Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Home Federal Bank Of Tennessee. Continue reading...
Washington, DC, based Investment company Bonness Enterprises Inc buys DuPont de Nemours Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Bonness Enterprises Inc.
DowDuPont spun itself into three separate companies in April, and the new DuPont includes legacy assets that have been "bolstered" by new high-quality businesses from Dow Chemical and FMC Corp (NYSE: FMC), Byrne said in a July 3 initiation note.
(DD) announced a quarterly dividend on Thursday, the first time it has done so since splitting off from DowDuPont. The others are (CTVA) (ticker: CTVA), which focuses on seeds and agricultural chemicals, and (DOW) (DOW), a commodity chemicals business. The board of DuPont (DD), a producer of specialty chemicals, declared a quarterly disbursement of 30 cents a share.
Corteva Inc (NYSE: CTVA ) shares are trading higher after the company announced a $1 billion stock buyback and declared its first dividend of 13 cents per share. Corteva is an agricultural chemical and ...
RBC Capital Markets updated its views on DuPont and Corteva after the completion of DowDuPont’s spinoff. The broker doesn’t like either stock right now.
Axalta said its board has initiated a comprehensive review of strategic alternatives — including a potential sale — to maximize shareholder value. The board has formed a strategic review committee chaired by Mark Garrett, the independent presiding director of the board. Axalta, the erstwhile coating business of DuPont de Nemours Inc (NYSE: DD), has had a checkered history since its inception, with failed takeover discussions and frequent leadership changes.
fell more than 4% on Monday after receiving a downgrade from BMO Capital Markets analyst John McNulty to market perform from outperform. McNulty initiated coverage of the new Dow back in April with the outperform rating and a $64 target price. Dow, a highly diversified materials company that is an industry leader in plastics and ethylene, has told investors and analysts the new company's focus will be on cost-cutting, capital discipline and returning significant cash to shareholders, the analyst said at the time.
Chief executives of some of the most well-known, global diversified industrial firms gathered in Florida late last month at the annual Electrical Products Group conference, where they touched on several broad themes, including robust demand leading to resilient organic growth, the muted impact from tariffs, and strong digitization trends sweeping the industry. After attending the conference and reviewing our coverage, our top picks among the diversified industrials we cover include DuPont DD , Emerson Electric EMR , Johnson Controls International JCI , and 3M MMM .
Seven chemicals analysts from large Wall Street brokerages have relaunched coverage of DuPont in the past few days with most bullish on the stock following its split from DowDuPont.
is promoting its chief operating officer Mark Newman to a newly created position of chief operating officer, said the chemical company Tuesday. As the company's COO, Newman will be responsible for Chemours' Titanium Technologies, Fluoroproducts and Chemical Solutions businesses. Another Chemours' executive, Sameer Ralhan, vice president of business finance and treasurer, will take on the CFO job.
Shares of agricultural input company Corteva stumbled out of the gate on its first day as a new stand-alone company. But Corteva CEO Jim Collins said he isn’t worried.
Analysts at Morgan Stanley are bullish on the newly independent DuPont following its separation from DowDuPont, initiating coverage on the company with an overweight rating and $78 price target. DuPont is now an independent company after DowDuPont completed a three-way split that became official on June 1.