38.29 0.00 (0.00%)
After hours: 7:57PM EDT
|Bid||38.15 x 1300|
|Ask||38.48 x 1400|
|Day's Range||38.07 - 38.65|
|52 Week Range||32.88 - 48.37|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||23.23|
|Forward Dividend & Yield||1.52 (2.85%)|
|1y Target Est||N/A|
Rating Action: Moody's assigns Prime-2 rating to DowDuPont's commercial paper program. Global Credit Research- 24 Apr 2019. New York, April 24, 2019-- Moody's Investors Service assigned a Prime-2 rating ...
WASHINGTON (AP) — Borrowing from the way cockroaches skitter along walls, scientists have created a robotic device that safely guides itself through the delicate chambers of a pig's heart as it's beating.
shares were declining 1.07% in trading Thursday after the company said that its first-quarter guidance cut last month was due to the effects of flooding in the Midwest that caused transportation disruptions and halted farming operations in its agriculture business.
Tapping into this national mood, some policy makers have proposed stronger antitrust enforcement, breaking up big tech companies, and applying closer scrutiny to M&A deals. Normally, businesses in the same industry compete with each other in order to maximize their own market share. If one of these firms cuts prices and increases its market share at its rivals’ expense, any resultant gain for the firm’s stockholders will be roughly matched by the losses at the competing firms that the stockholder also holds.
DowDuPont Inc. said Thursday it expects its agriculture business to fall short of guidance for the first quarter after severe weather delayed seed deliveries into early April. "Less than 50% of planned seed deliveries in the last 5 days of the quarter occurred, resulting in a greater than anticipated impact on first quarter performance," the company said in a statement. "In this peak delivery period, under normal circumstances and based on history, the division would expect one day of U.S. seed sales to generate about $25 to $35 million in operating EBITDA." The division is now expected to record sales of $3.4 billion and operating EBITDA of about $665 million, down 11% and 25% versus the year-ago period, respectively. For the first half, the division is expecting sales to be down in the low-single digit percent and operating EBITDA to be 3% to 5% below the year-ago period. "Deliveries are on track with current expectations and the revised first half guidance reflects the possibility of reduced planted acres overall, lower than anticipated corn acres, and continued delays to the start of the planting season due to additional weather events," said the statement. The company is sticking with its full-year guidance for sales and operating EBITDA, and expects to overcome the first-half decline through price increases and new product launches, among other factors. Turning to its other businesses, DowDuPont is expecting specialty products to post sales of $5.4 billion, down 3% from a year ago, and operating EBITDA of $1.6 billion, flat versus the year-earlier period. That compares with earlier guidance of net sales and operating EBITDA to be down in the low-single digits. Materials science is expected to post sales of $10.8 billion and operating EBITDA of $1.9 billion, down 10% and 24% respectively. That is in line with previous guidance. Shares fell 0.5% premarket and are down 14.3% in the last 12 months, while the S&P 500 has gained 7.1%.
If you're looking for an honest read on the economy, look no further than the rails, Jim Cramer reminded his Mad Money viewers Wednesday. and Cramer showed viewers how this one earnings report can be used to read the entire economy. All of the money to buy these stocks needs to come from somewhere, Cramer added, and right now money managers are selling healthcare.
Many people rely on government data, such as information from the Commerce Department or the Fed. In fact, go back to when Jerome Powell created his own darned bear market back in October of 2018. Powell was gung ho on one rate raise in December and three more this year because he feared runaway inflation.
"If you want to get an honest read on the economy, forget the government data from the Commerce Department," CNBC's Jim Cramer says. "It's such a terrific tell for what's happening in the U.S. economy, and it's also fabulous source of inspiration if you're on the hunt for new stock picks," he says. CSX Transportation CSX 's Tuesday earnings call gave some insight into what stocks could be worth playing, CNBC's Jim Cramer said Wednesday.
It has been relentless, everything from airlines pulling orders to stories in the paper about how the FAA is over-reliant on Boeing for approvals. Boeing's stock barely gets dented with orders cancelled or changed. When airline cancels routes - and therefore causes it to lose money because of the Max -Boeing's stock barely gets dented.
While RBC Capital Markets is bullish on the new company split off from an old chemicals name, it's less positive on what remains of the old business. The Analyst Arun Viswanathan initiated coverage of ...
Another day, another Dow stock upgrade. Analysts continue to prefer Dow shares to DowDuPont stock, even though both face macroeconomic risks.
JPMorgan stock and Disney stock helped fuel a nice rally in the Dow Jones today, while Jumia Technologies had a strong IPO debut.
Bloomberg reports a synthetic replication of a indigestible sugar in breast milk could help adults' digestion.
Global chemical giants DowDuPont Inc. and BASF SE are investing millions to ramp up production of an indigestible sugar found naturally in breast milk. Infant formula makers like Nestle SA can’t get enough of the synthetic ingredient. DuPont estimates the annual market could reach $1 billion.
Jim Cramer breaks down the latest action on Wall street and explains why certain stocks have risen when analysts said they would fall.