|Bid||56.50 x 1000|
|Ask||59.00 x 3200|
|Day's Range||57.19 - 58.66|
|52 Week Range||57.19 - 77.08|
|Beta (3Y Monthly)||1.74|
|PE Ratio (TTM)||58.66|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||1.52 (2.64%)|
|1y Target Est||79.05|
China, where subsidy-toting drivers own a third of the world’s passenger EVs, is doing the most to fuel the boom. The market value of batteries used in electric cars, electric buses and related energy storage should multiply by about 10 times to a potential $500 billion by 2050, according to Sanford C. Bernstein & Co. research. A Bloomberg News analysis of about 80 companies in the lithium-ion battery business shows the technology’s ascent rippling through a global web and boosting providers of raw materials and components—suppliers that, in several cases, predate the 1908 introduction of Ford Motor Co.’s Model T.
Stocks that moved substantially or traded heavily Friday: Procter & Gamble Co., up $7.06 to $87.30 The consumer products company reported a greater-than-expected profit as beauty product revenue rose. ...
The Dow Jones Industrial Average rose slightly Friday, holding on to slim gains after suffering losses of more than 300 points in the previous session. rose 7.8% after the consumer products giant posted fiscal first-quarter sales and earnings that topped estimates. The Dow Jones Industrial Average rose 64.89 points or 0.3%, to 25,444.34, the S&P 500 lost one point and the Nasdaq fell about 0.5%.
Futures rose early Friday after Thursday's sell-off hit more top stocks. PayPal earnings lifted PayPal and Square. American Express, Atlassian, Intuitive Surgical moved on earnings.
The impairment charge reflects weaker markets for farm products since last year’s merger with Dow Chemical Co., DuPont said in a regulatory filing. Reduced planting areas and delays in product registrations mean that sales will grow more slowly, while an unfavorable shift to soybeans from corn in Latin America will dent profits. Farmers in Brazil are planting more soybeans and less corn, for example, to capitalize on China’s retaliatory tariffs against U.S. soybeans.
Here are some of the companies with shares expected to trade actively in Friday’s session. Stock movements reflect premarket trading. Inc.—Up 2.6% premarket: The industrials firm lowered its profit outlook to reflect the spinoffs in its home and transportation businesses, while also reporting positive quarterly results.
Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:00 a.m. ET.
U.S. stock futures were rising on Friday, Oct. 19, following a rebound for stocks in China, which was set off by a pledge from China's central bank governor to support the nation's financial system. Worrisome, however, was data that showed the weakest economic growth in China since the financial crisis. Contracts tied to the Dow Jones Industrial Average rose 101 points, futures for the S&P 500 gained 10.25 points, and Nasdaq futures were up 46 points.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - China's economic expansion slowed to its weakest pace since ...
The company, in a regulatory filing, also said its agriculture unit would see reduced cash flow, hit by weak sales and margin growth in North America and Latin American markets. In a later statement, DowDuPont said the charge was non-cash and reflected the effect of previously reported market conditions. It said the charge would not affect full-year 2018 financial guidance for flat net sales in the agriculture business.
DowDuPont Inc.’s agriculture unit is taking a $4.6 billion charge in the third quarter after the business lowered its long-term expectations on sales and profits, a move that underscores challenges agribusinesses are facing in the Americas. DowDuPont said in securities filings Thursday that it recalculated the fair value of goodwill and other intangible assets on the books of the merged Dow and DuPont company, and determined that the values of assets in its agricultural unit had fallen.
DowDuPont (DWDP) is a holding company comprised of The Dow Chemical Company and DuPont with the intent to form strong, independent, publicly traded companies in agriculture, materials science and specialty products sectors that will lead their respective industries through productive, science-based innovation to meet the needs of customers and help solve global challenges.
PayPal PYPL stock jumped more than 7% percent after the market-close on Thursday following the release of its third-quarter earnings report. The payment company beat on both its top and bottom lines, reporting earnings of 58 cents per share on revenue of $3.68 billion, vs. analyst estimates of 54 cents on $3.66 billion in revenue. In addition, total payment volume from PayPal's peer-to-peer payment app Venmo rose 78 percent in the third quarter to roughly $17 billion.
DowDuPont Inc. announced Thursday afternoon that it is taking a massive $4.6 billion impairment charge, sending shares down more than 6% in late trading. In a filing with the Securities and Exchange Commission, the company said it plans to take the charge for the quarter ended Sept. 30 based on fair value assessments made at the time of the merger, which DowDuPont said it regularly reassesses in the fiscal fourth quarter. DowDuPont said that an analysis showed its agriculture-reporting unit would not live up to cash-flow projections due to "lower growth in sales and margins in North America and Latin America and unfavorable currency impacts related to the Brazilian real." "The lower growth expectation is driven by reduced planted area, an expected unfavorable shift to soybeans from corn in Latin America, and delays in expected product registrations," the filing reads. That change sparked an entire reassessment that led to further charges, mostly related to in-process research and development. DowDuPont stock closed at $58.58 Thursday, its lowest price since the merger of Dow and DuPont closed last year, before the big drop in after-hours action. Shares have declined 17.8% so far this year, as the S&P 500 index has gained 5.1%.
MIDLAND, Mich. and WILMINGTON, Del., Oct. 18, 2018 /PRNewswire/ -- DowDuPont (DWDP) today announced the filing of the initial Form 10 registration statement with the U.S. Securities and Exchange Commission for the separation of Corteva AgriscienceTM, Agriculture Division of DowDuPont. Corteva Agriscience remains on track to separate from DowDuPont on June 1, 2019. The filing provides an overview of Corteva Agriscience's business, the strategy it is pursuing and management's priorities for the company.
The chemical company's $4.6 billion charge is related to goodwill and other assets of its agriculture reporting unit. Decreases in commodity prices and higher-than-anticipated industry grain inventories are expected to impact farmers' income. In the quarter ending Sept. 30, the company will record the tax provision charge of $75 million, according to the Securities and Exchange Commission filing.
Professional services firm Alvarez & Marsal on Thursday named Philippe Dupont as senior adviser and Nicolas Taufflieb as managing director. Dupont, who previously served as the chairman of BPCE Group, ...
WILMINGTON, Del., Oct. 16, 2018 /PRNewswire/ -- Today, Corteva Agriscience™, Agriculture Division of DowDuPont, and The Economist Intelligence Unit (EIU), released the 2018 Global Food Security Index (GFSI) findings. The report, sponsored by Corteva Agriscience, provides a common framework for understanding the root causes of food insecurity. For the first time, Singapore claims the top spot in the 2018 GFSI ranking.
INDIANAPOLIS, Oct. 15, 2018 /PRNewswire/ -- Today, Corteva Agriscience™, Agriculture Division of DowDuPont, received a 2018 Green Chemistry Challenge Award for Rinskor™ active, a rice herbicide that provides a sustainable solution for rice farmers to control grass, broadleaf and sedge weeds.
came up during the "Lightning Round" this past Friday on Mad Money with Jim Cramer. The lows of April and May were broken and now it looks like DWDP will need a prolonged rebasing period. In the daily bar chart of Action Alerts PLUS holding DWDP, below, we can see that in late September prices quickly broke down below the weakening 50-day and 200-day moving average lines.
Zacks.com highlights: Duluth Holdings, Children's Place, Patrick Industries, AllianceBernstein Holding and C.H. Robinson Worldwide
In a survey conducted by Corteva Agriscience™, Agriculture Division of DowDuPont, women say they see progress but that it's too slow. WILMINGTON, Del., Oct. 15, 2018 /PRNewswire/ -- Women in agriculture around the world, whether in developing or developed countries, say widespread gender discrimination persists and poses obstacles to their ability to help feed the world, according to a new study from Corteva Agriscience™, Agriculture Division of DowDuPont. The study was released to coincide with today's celebration of the International Day of Rural Women.
Jim Cramer zooms through his take on callers' favorite stocks, including the ailing industrial everybody has their eyes on.