|Bid||53.30 x 1000|
|Ask||53.46 x 800|
|Day's Range||53.25 - 54.82|
|52 Week Range||40.44 - 60.52|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||21.48|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||2.80 (5.27%)|
|1y Target Est||55.95|
The stock market took another roller coaster ride in late-session trading Friday, a day after the White House agreed to a trade deal with China.
DOW UPDATE The Dow Jones Industrial Average is falling Friday morning with shares of Verizon Communications Inc. and Dow Inc. seeing the biggest losses for the price-weighted average. The Dow (DJIA) was most recently trading 50 points, or 0.
Chemical giant DowDupont, with 2018 sales of $86 billion, split into three companies this past March in an effort to unlock shareholder value where the sum of the parts is greater than that whole, recalls Bryan Perry, growth and income expert and editor of Cash Machine.
DOW UPDATE Led by strong returns for shares of Cisco and JPMorgan Chase, the Dow Jones Industrial Average is climbing Thursday afternoon. The Dow (DJIA) was most recently trading 227 points, or 0.8%, higher, as shares of Cisco (CSCO) and JPMorgan Chase (JPM) are contributing to the index's intraday rally.
(Bloomberg) -- Agribusiness is increasingly turning to natural and sustainable alternatives to chemicals as consumers rebuff genetically modified foods and concerns grow over Big Ag’s role in climate change.At the heart of the trend are innovations that harness beneficial microorganisms in the soil, including seed-coatings of naturally occurring bacteria and fungi that can do the same work as traditional chemicals, from warding off pests to helping plants flourish, according to a global patent study by research firm GreyB Services.“Both entrepreneurs and investors are saying, ‘Hey, the writing is on the wall, we’re entering a post-chemical world,’” said Rob LeClerc, chief executive officer of AgFunder, an online venture-capital platform. “The seed companies who have billions in market cap are like ‘We need to do something,’ and everyone recognizes the opportunity.”Much of the handwringing over farm chemicals stems from the recent fate of glyphosate, the most ubiquitous weedkiller ever. Regulators around the world are tightening up rules around using the chemical, including Europe and Mexico. Meanwhile, thousands of lawsuits that could result in billions of dollars in penalties are pending against Bayer AG over whether its glyphosate-containing product, Roundup, caused cancer. Bayer insists it’s safe, and some government agencies such as the U.S. Environmental Protection Agency say it isn’t likely to cause cancer in humans.The global fertilizer and pesticide market is around $240 billion, and grows 2% to 3% a year, according to Ben Belldegrun, a managing partner at Pontifax AgTech, a company that invests in food and agriculture technology. While so-called biologicals including biofertilizers, biopesticides and biostimulants are just 2% of that market, those have been growing closer to 15% a year for the past five years, Belldegrun said.Pressure for less chemical-intensive farming methods is coming from retailers like Walmart Inc., non-governmental organizations and consumers, who are throwing more dollars toward organic and other niche foods with environmental or animal welfare claims.As population increases worldwide, the demand for agricultural products is projected to grow 15% over the next decade with no change in the amount of land available for farming, according to a joint report by the Organization for Economic Cooperation and Development and the United Nations’ Food and Agriculture Organization.“There’s a growing world population and how are we going to feed all of these people?” asked Craig Forney, assistant director for licensing and business development at Iowa State University in Ames, Iowa. “At the same time, we want to protect the environment. We need to use land better and use the resources better.”The answer, Forney said, is “intensified agricultural production to increase productivity of land and do it with minimal chemical support.”Patents give owners the exclusive right to an invention, and can indicate both where research funding is being spent and where companies or universities expect to generate revenue in the future.Companies like BASF SE, Bayer and Syngenta AG have patents on products using naturally-occurring microbes to help crops flourish even when there is low water availability, according to GreyB’s analysis. The microbes can act as catalysts to encourage growth. Biological-based fungicides and insecticides can also help reduce crop damage from insects, slugs and fungi.“Seed-applied biological products can extend the window of disease and pest protection, while some also provide alternate modes of action that can reduce the build-up of resistance, aid with nutrient management and reduce plant stress,” said Chris Judd, BASF’s global strategic marketing manager for Seed Treatment, Inoculants and Biologicals.Evonik Industries AG, Altair Nanotechnologies Inc., Covestro AG and startup Indigo AG have been active in obtaining patents and publishing research in the area of using microbes, as have universities like China’s Zhejiang University and Nanjing Agricultural University, according to GreyB.Likewise, thousands of patents are being issued to companies like BASF, Bayer and Dow Inc. for more natural ways of managing pests including pheromones that deter breeding and reflective mulches, instead of chemical-based insecticides.Germany’s Bayer, which bought agriculture chemical giant Monsanto Co. in 2018, sees “high growth potential” for biologicals, citing a challenging regulatory environment for chemicals and a growing emphasis on sustainability in agriculture. Bayer has a research and development team solely focused on them. The company also is hunting for partnerships to boost its portfolio. Benoit Hartmann, head of biologics at Bayer, said the increased investments show how the science around microbes has matured in recent years.In 2013, BASF acquired seed-treatment supplier Becker Underwood, which helped the company become a leader in biological agents to fight bacteria and fungi. Judd said the company sees demand for biologicals increasing but maintains that they need “to be compatible with an increasing array of chemistries and to have the ability to survive on the seed for adequate periods.”The increased patenting reflects a trend of researchers looking for ways to help promote organic and non-GMO farming, said Nicole Kling, a patent agent with Nixon Peabody who specializes in the biotechnology field.With biologicals, “You’re not introducing chemicals with the scare quotes around it,” Kling said. “You’re not doing anything that would harm the agricultural workers.”Researchers and companies are looking for new solutions for farming with less chemicals because organic farming, the most popular alternative to modern conventional farming, often results in lower yields. Still, demand for food continues increasing. Iowa State and other universities around the world, using government funding or in partnership with companies, are rushing to deal with those competing demands.“The hope is someday in the future they will merge and you will have organic and non-GMO products that are just as productive as Big Ag,” Forney said.That’s where things like precision agriculture to tailor the application of nutrients, artificial intelligence to monitor soil conditions and the development of new plant hybrids come in.Other emerging techniques that could boost yields while helping farmers use less chemicals is artificial intelligence, which is being used to analyze which seeds and crops can yield the most based on changing soil conditions and weather patterns on a farm. The promise of quantum computers would let companies use massive computing power to develop and analyze new seeds and fertilizers.Scientists also are developing new plant varieties, with applications for new varieties up 9% in 2018, according to the World Intellectual Property Organization. China led the growth, with more than a quarter of the applications for new varieties.Much of the research in crop biotech is centered in the U.S., China, Germany, Japan and South Korea, though it’s being adapted to meet local conditions in Africa, Latin America and Asia, according to WIPO, an agency of the U.N.Demand for more food will be greatest in Africa, India and the Middle East. In the developing world, there is little food scarcity because “we did good things with all that ‘better living through chemistry,’” Kling said, referring to a play on an old DuPont motto. It has come at a cost, though.“We’re starting to see some of the effects of that -- all of this wonderful industrialization has contributed to climate change,” Kling said. “We’re starting to see people swing back in the other direction.”(Adds executive comment in fifteenth paragraph)To contact the reporters on this story: Lydia Mulvany in Chicago at firstname.lastname@example.org;Susan Decker in Washington at email@example.comTo contact the editors responsible for this story: Jon Morgan at firstname.lastname@example.org, ;James Attwood at email@example.com, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The Dow Chemical Company’s (NYSE: DOW ) disciplined approach to capital expenditure is likely to result in attractive free cash flow generation and strong dividend, according to SunTrust Robinson Humphrey. ...
DOW UPDATE The Dow Jones Industrial Average is rallying Friday morning with shares of 3M and Goldman Sachs delivering strong returns for the blue-chip average. Shares of 3M (MMM) and Goldman Sachs (GS) have contributed around one third of the index's intraday rally, as the Dow (DJIA) was most recently trading 336 points higher (1.
DOW UPDATE Powered by positive momentum for shares of 3M and Chevron, the Dow Jones Industrial Average is trading up Friday morning. The Dow (DJIA) is trading 266 points, or 1.0%, higher, as shares of 3M (MMM) and Chevron (CVX) have contributed to the blue-chip gauge's intraday rally.
DOW UPDATE Shares of 3M and Cisco are retreating Thursday morning, sending the Dow Jones Industrial Average into negative territory. Shares of 3M (MMM) and Cisco (CSCO) are contributing to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 79 points, or 0.
World's first investment fund dedicated to preventing ocean plastic in South and Southeast Asia from entering Asian oceans; Biggest investment capital committed towards Asia's ocean plastic crisis; First investments targeted in Asia by the end of 2019 Singapore, Singapore--(Newsfile Corp. - December 4, 2019) - Circulate Capital, the investment management firm dedicated to incubating and financing companies and infrastructure that prevent ocean plastic in South and Southeast Asia (SSEA), today announced the first close ...
DOW UPDATE The Dow Jones Industrial Average is trading up Wednesday morning with shares of Dow Inc. and Johnson & Johnson leading the way for the price-weighted average. Shares of Dow Inc. (DOW) and Johnson & Johnson (JNJ) are contributing to the blue-chip gauge's intraday rally, as the Dow (DJIA) is trading 171 points (0.
Dow (DOW) and WE are proud to team up and take the third annual WE Are Innovators Campaign across the U.S. and expand across the globe. Whether it is helping people gain access to healthy fresh food, learning how to include different perspectives for more innovative ideas, or driving efforts to protect the environment from plastic waste, WE Are Innovators inspires elementary through secondary school age students to use their STEM skills, paired with an inclusive and sustainable mindset, to develop innovative ideas addressing challenges in their local and global communities. “To tackle our planet’s most pressing challenges, we’re dedicated to developing future leaders who demonstrate innovative thinking, creativity, diverse perspectives and a solutions-oriented mindset,” said Dow CEO Jim Fitterling.
DOW UPDATE Shares of Dow Inc. and Intel are trading lower Tuesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow (DJIA) was most recently trading 266 points lower (-1.
DOW UPDATE The Dow Jones Industrial Average is in selloff mode Tuesday afternoon with shares of Goldman Sachs and Dow Inc. facing the biggest losses for the price-weighted average. The Dow (DJIA) was most recently trading 350 points lower (-1.
DEEP DIVE Investors in U.S. stocks suffered a broad decline Tuesday, as President Trump suggested a trade deal with China may not get done any time soon. The Dow Jones Industrial Average (DJIA) fell as much as 1.
DOW UPDATE Behind negative returns for shares of Dow Inc. and Goldman Sachs, the Dow Jones Industrial Average is seeing a selloff Tuesday morning. The Dow (DJIA) was most recently trading 420 points lower (-1.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]