|Bid||65.14 x 1200|
|Ask||70.55 x 1300|
|Day's Range||65.70 - 66.87|
|52 Week Range||61.27 - 77.08|
|PE Ratio (TTM)||67.82|
|Forward Dividend & Yield||1.52 (2.23%)|
|1y Target Est||81.48|
WILMINGTON, Del. , Aug. 15, 2018 /PRNewswire/ -- DuPont's (NYSE: DWDP) board of directors today declared regular quarterly dividends of $1.12 -1/2 per share on the $4.50 series preferred stock and $0.87 ...
Deere (DE) is expected to post an adjusted EPS of $2.75 for the third fiscal quarter—an increase of 44% on a YoY (year-over-year) basis. In the third fiscal quarter of 2017, Deere reported an adjusted EPS of $1.91. Deere didn’t meet analysts’ expectations in the previous quarter.
David Marcus of Evermore Global Advisors says any stock-market disruption is good for investors ‘who take the long-term view.’
International Flavors & Fragrances’ (IFF) Flavors segment saw a fall in its contribution to the company’s overall revenue by 0.2 percentage points in the second quarter. The growth in the segment’s revenue was driven primarily by price increases and higher volume growth across all its categories and regions. The segment reported a net profit of $109.6 million in the second quarter, a rise of 13.2% YoY.
International Flavors & Fragrances’ (IFF) Fragrances segment is a major revenue contributor to IFF’s overall revenue. The Fragrances segment reported revenue of $469.47 million in the second quarter, an increase of 9.5% on a YoY basis. The segment’s revenue growth was driven by solid growth across all of its businesses and geographical regions.
Albemarle’s (ALB) Bromine Specialties segment accounted for 25.8% of the company’s total revenues in Q2 2018 compared to 27.7% in Q2 2017, which implies a decline of 1.9 percentage points on a YoY (year-over-year) basis. The segment reported revenues of $220.51 million in Q2 2018, a rise of 8.1% on a YoY basis. In Q2 2017, the segment reported revenues of $203.94 million.
A Wilmington life sciences firm was the only local company among the top 150, though there were 17 total entries from Greater Philadelphia.
Calyxt Inc, an eight-year-old firm co-founded by a genetics professor, altered the genes of a soybean plant to produce healthier oil using the cutting-edge editing technique rather than conventional genetic modification. Seventy-eight farmers planted those soybeans this spring across 17,000 acres in South Dakota and Minnesota, a crop expected to be the first gene-edited crop to sell commercially, beating out Fortune 500 companies. Seed development giants such as Monsanto, Syngenta AG and DowDuPont Inc have dominated genetically modified crop technology that emerged in the 1990s.
In a suburban Minneapolis laboratory, a tiny company that has never turned a profit is poised to beat the world's biggest agriculture firms to market with the next potential breakthrough in genetic engineering - a crop with "edited" DNA. Calyxt Inc, an eight-year-old firm co-founded by a genetics professor, altered the genes of a soybean plant to produce healthier oil using the cutting-edge editing technique rather than conventional genetic modification. Seventy-eight farmers planted those soybeans this spring across 17,000 acres in South Dakota and Minnesota, a crop expected to be the first gene-edited crop to sell commercially, beating out Fortune 500 companies.
WASHINGTON (AP) — A federal appeals court has ruled that the Trump administration endangered public health by keeping a widely used pesticide on the market despite extensive scientific evidence that even tiny levels of exposure can harm babies' brains.
WASHINGTON (AP) — A federal appeals court ruled Thursday that the Trump administration endangered public health by keeping a widely used pesticide on the market despite extensive scientific evidence that even tiny levels of exposure can harm babies' brains.
It's almost Friday. One step closer. But before you head home, let's go over the top stories on Thursday. Tesla's Still at it Yeah, it's still in the news. It's been two days since Elon Musk, CEO, tweeted that he plans take Tesla Inc.
CEO Ed Breen is putting his money where his mouth is. Net sales, the company said, rose 17% to $24.2 billion, with volumes and local price gains recorded across all of its divisions and regions. "Volume growth, local price gains and operating margin expansion were the key highlights, reflecting a clear focus from the businesses on execution," said Breen.
Zacks.com highlights: Marine Products, American Eagle Outfitters, Schnitzer Steel Industries, Comfort Systems USA and Phillips 66
DowDuPont’s (DWDP) Specialty Products segment is expected to be spun off into an independent company by June 1, 2019, and will be called DuPont. This segment reported combined revenues of $5.85 billion, which accounted for 24.2% of DWDP’s total revenues, a decrease of 1.5 percentage points on a year-over-year basis. The reported revenue implies growth of 9.9% over Q2 2017’s reported revenues of $5.32 billion.
Yield10 Bioscience, Inc. (YTEN), a Company developing new technologies to create step-change improvements in crop yield to enhance global food security, today announced it has signed a non-exclusive research license agreement jointly with the Broad Institute of MIT and Harvard and Pioneer, part of Corteva AgriscienceTM Agriculture Division of DowDuPont (DWDP), for the use of CRISPR-Cas9 genome-editing technology for crops. CRISPR technology is uniquely suited to agricultural applications as it enables precise changes to plant DNA without the use of foreign DNA to incorporate new traits. Recent public comments by USDA-APHIS indicate that plants developed using CRISPR genome-editing technology have the potential to be designated “non-regulated” by the agency for development and commercialization in the U.S., which could result in shorter timelines and lower costs associated with commercialization of new traits in the U.S. as compared to regulated crops.
DowDuPont’s (DWDP) Material Science segment, which will be spun off and called Dow by the end of Q1 2019, accounted for 51.9% of DWDP’s total revenues in Q2 2018. The Materials Science segment revenue increase was primarily driven by double-digit growth across all the businesses under this segment.
DowDuPont’s (DWDP) Agriculture segment accounted for 23.6% of DWDP’s Q2 2018 revenues compared to 22.2% in Q2 2017 on a pro forma basis. This segment reported revenues of $5.73 billion in Q2 2018, an increase of 24.7% on a year-over-year basis. In Q2 2017, the segment reported revenue of $4.6 billion.
DowDuPont (DWDP) reported Q2 2018 revenues of $24.24 billion, an increase of 17.0% over its pro forma revenues of $20.7 billion in Q2 2017. Analysts expected DWDP to report revenues of ~$23.59 billion. The company’s revenues are reported on a continuing operations basis. It should be noted that Dow Chemical and DuPont made several significant divestitures to facilitate the merger.
DowDuPont (DWDP) announced its Q2 2018 earnings before the market opened on August 2. It reported adjusted earnings per share (or EPS) of $1.37, an increase of 41% over its pro forma adjusted earnings per share of $0.97 in Q2 2017. The company beat the analysts’ adjusted earnings per share estimate of $1.30. In this series, we’ll look at DowDuPont’s earnings, revenues, and segment-wise performance.