|Day's Range||0.2000 - 0.2000|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of DuPont de Nemours, Inc. New York, November 11, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of DuPont de Nemours, Inc. and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The November to January period historically offers the strongest stock market returns, and these stocks may be poised to ride that seasonal pattern.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Two companies that supply farmers— (CTVA) and (FMC)—are on different paths as investors assess their quarterly results. The stock (ticker: CTVA) fell 4% Thursday, worse than the 0.5% decline of the Dow Jones Industrial Average. For Corteva, “we had previously thought there was a possibility that domestic corn yields might be significantly impaired in 2019 due to adverse weather conditions that led to a very late planting season,” wrote Zekauskas in a Friday research report.
DuPont stock is up a second straight day after reporting third-quarter numbers. Some on Wall Street see opportunity in the company’s nutrition business is sold or spun off.
One of the hottest food trends featured in the earnings of specialty chemicals company DuPont de Nemours Inc. on Thursday. The company said it's nutrition & biosciences (N&B) business saw a boost in food and beverage volumes driven by gains in specialty proteins from growing demand for plant-based meats. On the company's earnings call with analysts, Chief Operating Officer Marc Doyle said the company's plant-based meat business is "relatively small today," but that it is expected to grow in the double digits. Alternative meat has become a big business in the U.S., as companies' like Beyond Meat Inc. and Impossible Meat are introducing their products at more restaurants and fast-food outlets, as well as on grocery shelves. DuPont's N&B business is just one of four business segments, along with electronics & imaging, transportation & industrial and safety & construction. DuPont shares were up 1% Thursday, but have fallen 13% in 2019, while the S&P 500 has gained 21%.
DuPont’s results beat the Wall Street consensus by a couple of pennies. The better news is that some DuPont businesses, an indicator of the outlook for the global economy, are showing early signs of improvement.
Wall Street is looking at a shaky start for Thursday, thanks to fresh rumblings on the trade front that may take the shine off upbeat results from Apple and Facebook.
Industrial materials maker DuPont's quarterly profit edged past analysts' estimates on Thursday and sales in China improved for the second quarter in a row, sending shares up 3.5%. Sales in China, which accounted for about 15% of total revenue, were driven by higher demand for a film used in newer smartphones and helped offset weakness in its electronic and automotive sectors. A protracted trade dispute between the United States and China as well as fears of a global economic slowdown have been weighing on DuPont and rivals Germany's BASF and Dow inc.
DuPont largely reiterated guidance after it reported a 26% decline in third-quarter net income to $372 million, or 50 cents a share, as sales fell 5% to $5.4 billion and organic sales slipped 2%. The company said its adjusted EPS was 96 cents. Analysts polled by FactSet expected earnings of 94 cents a share on sales of $5.4 billion. DuPont said it reiterates full-year guidance for organic revenue of slightly down versus prior year and narrows the guidance range for pro forma adjusted EPS to $3.77 to $3.82 from $3.75 to $3.85.
WILMINGTON, Del. , Oct. 31, 2019 /PRNewswire/ -- 3Q19 GAAP EPS from continuing operations of $0.49 ; Adjusted EPS of $0.96 , up 2 percent versus prior year 3Q19 GAAP Income from continuing operations of ...
WILMINGTON, Del., Oct. 30, 2019 /PRNewswire/ -- DuPont (DD) today announced its 2030 Sustainability Goals, underscoring the importance of sustainability in fulfilling its purpose of delivering essential innovations to help societies thrive. The goals also draw inspiration from the United Nations Sustainable Development Goals (SDGs) to identify the world's most important problems that need to be solved. "DuPont's 2030 goals set forth our priorities and align to the sustainability challenges that offer the greatest opportunity to deliver business value, increase resiliency across our value chains and enable people and societies to thrive," said Marc Doyle, Chief Executive Officer for DuPont.
It’s been a tough year for the chemical giant. DuPont reports third-quarter numbers before the market opens for trading on Thursday. Those results will determine whether the stock can claw back some lost ground.