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E. I. du Pont de Nemours and Company (DuPont) (DD)

- NYSE
  • Jul. 23, 2013, 7:38 AM
    More on DuPont (DD +2.7%) Q2: DuPont is looking to sell or spin off its performance-chemicals unit as part of a strategy to become a "higher growth, less cyclical" company, and as a way to insulate itself from stagnating sales of paint pigments. The business includes DuPont's Titanium Technologies and Chemicals & Fluoroproducts operations, which generated total sales of $7.2B in 2012. The company has also announced a management reshuffle. (PR)
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  • Jul. 23, 2013, 7:11 AM
    More on DuPont (DD) Q2 earnings: A 7% boost in Agriculture sales helped offset a big decline (9%) in Performance Chemicals as titanium dioxide prices declined (volume was up 12%). Company continues to expect FY13 EPS of about $3.85 amid "currency headwinds and ... a sluggish global economy," with Q4 being better than Q3. CC at 9 ET. Shares +0.6% premarket. (PR)
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  • Jul. 23, 2013, 6:01 AM
    DuPont (DD): Q2 EPS of $1.28 beats by $0.01. Revenue of $9.9B (-1% Y/Y) misses by $0.11B. (PR)
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  • Jul. 23, 2013, 12:05 AM
    Notable earnings before Tuesday’s open: AKS, AMTD, APD, AVY, BEAV, BTU, CIT, CNC, CSL, DD, DPZ, EDU, EXAS, FCX, FMER, FRX, IDXX, IRWD, ITW, LMT, LXK, MO, MTG, PCAR, PENN, PII, PNR, R, RF, RSH, SIAL, ST, TCB, TRV, UPS, UTX, VLO, WAT, WEN
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  • Jul. 22, 2013, 5:30 PM
    Notable earnings before Tuesday’s open: AKS, AMTD, APD, AVY, BEAV, BTU, CIT, CNC, CSL, DD, DPZ, EDU, EXAS, FCX, FMER, FRX, IDXX, IRWD, ITW, LMT, LXK, MO, MTG, PCAR, PENN, PII, PNR, R, RF, RSH, SIAL, ST, TCB, TRV, UPS, UTX, VLO, WAT, WEN
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  • Jul. 18, 2013, 12:07 PM
    Deutsche's David Begleiter has some ideas about what Nelson Peltz may have planned for his purportedly "large stake" in DuPont (DD +0.2%). "We believe … Mr. Peltz could propose a breakup" of the company into two entities "comprising the Agriculture, Industrial BioSciences and Nutrition & Health segments and the other comprising the Electronic & Communications, Performance Chemicals, Performance Materials and Safety & Protection segments," Begleiter says, before noting that the more likely scenario is a divestiture of the TiO2 business.
    | 4 Comments
  • Jul. 17, 2013, 3:08 PM
    Shares of DuPont (DD +5.5%) trade higher on a report from CNBC's Andrew Ross Sorkin that Nelson Peltz is "amassing a large stake" in the company.
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  • Jun. 25, 2013, 3:45 PM
    DuPont (DD +0.7%) says it is expanding research into new products for food, agriculture and alternative energy, opening a new "innovation center" in Iowa aimed at using its global network of scientific research to more quickly come to market with local solutions.
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  • Jun. 20, 2013, 12:47 PM
    As Congress considers scaling back U.S. rules that mandate the use of renewable fuels, it has the full support of the petroleum industry with one major exception: BP is part of the Butamax JV with DuPont (DD) set to start producing a new alternative fuel by year-end, so to preserve a market for that fuel, its reps are trying to convince D.C. lawmakers that the current system doesn’t need an overhaul.
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  • Jun. 14, 2013, 9:30 AM
    DuPont (DD) -1.4% premarket as BAML downgrades shares to Neutral from Buy, seeing limited near-term upside after DD said yesterday it expects its H1 operating EPS to come in ~10% below last year vs. an earlier 7%-9% lower outlook. Jefferies trims its 2013-15 EPS estimates but keeps its rating at Hold and raises its price target to $56 from $52.
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  • Jun. 13, 2013, 8:56 AM
    DuPont (DD -1.6%) expects its H1 operating EPS to fall 10% from last year vs previous guidance of 7-9%, which was given in late April. For the full year, DuPont predicts operating EPS to be at the low end of its forecast of $3.85-4.05. Analysts expect $3.90. "Unseasonably cool, wet weather across North America and Europe is impacting our Agriculture and Nutrition & Health segments' second-quarter revenues and costs," CFO Nicholas Fanandakis says. (PR)
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  • Jun. 11, 2013, 2:28 PM
    DuPont (DD -0.7%) opens a seed plant in Ukraine designed to help farmers increase harvests with more productive seeds. Ukraine, a major maize exporter, plans to harvest a record 27M-28M metric tons of the commodity this year but still needs higher-quality seeds to increase yields. Monsanto (MON) said last month it planned to launch a non-GM corn seed plant in Ukraine in 2015.
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  • Jun. 5, 2013, 3:49 PM
    Shares of Yingli Green Energy (YGE -4.5%) burst higher, then fall back, on headlines that the solar company entered into a one-year, $100M deal with DuPont (DD -2.2%), extending a 2012 agreement. The deal includes a supply of solar materials from YGE to DD, installation of a solar power plant at DD and co-marketing initiatives.
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  • Apr. 23, 2013, 8:58 AM
    More on DuPont's (DD) Q1 results: Performance chemicals sales plunged 17% to $1.5B, reflecting substantial price declines in the sluggish market for titanium dioxide; volume compared to last year's Q1 but rose 8% Q/Q. Deutsche Bank believes a sale of the Ti02 business would be a "game-changer" for DD's stock price, and thinks management's view on such a move has "evolved." DD +0.6% premarket.
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  • Apr. 23, 2013, 6:10 AM
    DuPont (DD) declares $0.45/share quarterly dividend, 5% increase from prior dividend of $0.43. Forward yield 3.57% For shareholders of record May 15. Payable June 12. Ex-div date May 13. (PR)
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  • Apr. 23, 2013, 6:01 AM
    DuPont (DD): Q1 EPS of $1.56 beats by $0.04. Revenue of $10.4B (+2% Y/Y) misses by $0.03B. (PR)
    | 1 Comment
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Company Description
E I du Pont de Nemours & Company is a science and engineering company that offers products and patents applications for agriculture, nutrition, electronics and communications, safety and protection, home and construction, transportation and apparel.
Country: United States