BRIEF-AT&T launches 5G trial with DIRECTV NOW in Austin
* AT&T Inc - Expect that trial will provide speeds up to 1 gigabit per second using mmWave spectrum Source text for Eikon: Further company coverage:
Oct 24 DuPont said on Thursday it will spin off its titanium dioxide unit and related businesses into a separately traded public company within 18 months.
The move to separate the Performance Chemicals business, which had been aggressively sought by Wall Street, will allow DuPont to better focus on specialty materials and agriculture, two growth areas.
DuPont said its existing shareholders will own 100 percent of the business after the spinoff. The spinoff will likely dent fourth-quarter earnings by a penny to 2 cents per share.
Shares of DuPont rose 3.9 percent to $63.76 in after-hours trading.
June 27 Wall Street slipped at the open on Tuesday as a selloff in technology shares continued, while investors awaited clues on interest rate hikes from Federal Reserve Chair Janet Yellen's talk in London.