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E I du Pont de Nemours and Co (DD.N)

DD.N on New York Stock Exchange

68.43USD
22 Jul 2016
Change (% chg)

$0.58 (+0.85%)
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$67.85
Open
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$68.63
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Volume
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Latest Key Developments (Source: Significant Developments)

Dow and DuPont stockholders approve merger
Wednesday, 20 Jul 2016 10:26am EDT 

Dow Chemical Co: Dow and DuPont stockholders approve merger .Companies expect merger transaction to close in second half of 2016.  Full Article

Moody's says eventual DowDuPont spin-off butterfly to support bonds
Wednesday, 13 Jul 2016 11:02am EDT 

Moody's: Eventual DowDupont Spin-off butterfly to support bonds . Execution risk is meaningful, due to complexities of combining, restructuring, realizing synergies within the entity .Lack of clarity surrounding which legal entity, assets from future spincos will service dupont bonds on post-spin basis is a risk to bondholders.  Full Article

Dupont statement on PFOA personal injury trials
Friday, 8 Jul 2016 02:03pm EDT 

Dupont : On July 8, in second phase of freeman trial, jury awarded $0.5 million in punitive damages plus attorneys' fees; dupont says co will appeal .Dupont statement on pfoa personal injury trials.  Full Article

Monsanto and Dupont sign Dicamba supply agreement
Thursday, 7 Jul 2016 10:00am EDT 

Monsanto Co : Terms of agreement were not disclosed . Dupont will sell its new herbicide as Dupont Fexapan Herbicide Plus Vaporgrip Technology. . Monsanto and Dupont sign Dicamba supply agreement .Announced a multi-year Dicamba supply agreement for U.S. and Canada.  Full Article

Dupont loses third case over teflon toxin; Chemours to pay- Bloomberg
Wednesday, 6 Jul 2016 03:17pm EDT 

:Dupont loses third case over teflon toxin; Chemours to pay- Bloomberg.  Full Article

Arcadia Biosciences and Dupont Pioneer announce successful field-trial validation of safflower plants that produce ARA oil
Wednesday, 1 Jun 2016 08:00am EDT 

Arcadia Biosciences Inc : Company and Dupont Pioneer achieve milestone in development of high value specialty oil .Arcadia's ARA safflower oil is in late stages of product development.  Full Article

E. I. du Pont de Nemours and Co gives FY 2016 EPS guidance
Tuesday, 26 Jan 2016 06:19am EST 

E. I. du Pont de Nemours and Co (DuPont):Expects FY 2016 operating earnings of $2.95 to $3.10 per share, including an expected benefit of $0.64 per share from the 2016 global cost savings and restructuring plan.Says higher base tax rate, reflecting the expected geographic mix of earnings, is expected to negatively impact operating earnings by $0.05 - $0.10 per share.Excluding impact of currency, guidance for FY 2016 operating earnings per share, including expected benefits from cost savings and share repurchases, represents a 17-23 percent increase year over year.  Full Article

E. I. du Pont de Nemours and Co cuts jobs in Delaware ahead of Dow merger - Reuters
Tuesday, 29 Dec 2015 03:56pm EST 

E. I. du Pont de Nemours and Co:DuPont Co DD.N said it would cut 1,700 jobs in Delaware, as part of a previously announced plan to reduce its workforce before combining with Dow Chemical Co DOW.N in a $130 billion megamerger. - RTRS.The job cuts in the state, which has been its home for more than 213 years, will take place in the beginning of 2016, DuPont Chief Executive Ed Breen said in a letter to the company's employees on Tuesday - RTRS.  Full Article

E I du Pont de Nemours and Co announces $700 million global cost savings
Friday, 11 Dec 2015 06:55am EST 

E I du Pont de Nemours and Co:Announces $700 million global cost savings and restructuring plan for 2016; highlights 2016 macroeconomic expectations.Approximately 10 percent of dupont's global workforce will be impacted by restructuring.Says expects to record a pre-tax charge to earnings of approximately $780 million.Says approximately 10 percent of dupont's global workforce will be impacted.Says company will begin implementation of these changes immediately.Pre tax charge consisting of about $650 million of employee separation costs and about $130 million of asset-related charges and contract terminations.Plans to provide full-year 2016 guidance during its fourth-quarter 2015 earnings announcement.2016 currency headwinds expected to be about $0.25 per share, due to continued strengthening of U.S. dollar primarily against brazilian real.Company expects sales growth in 2016 to be challenging.Says the 2016 cost reductions include a range of structural actions across all businesses and staff functions globally.Company also expects $0.05 to $0.10 per share of pressure from a higher base tax rate in 2016.  Full Article

DuPont and Dow to Combine in Merger of Equals
Friday, 11 Dec 2015 06:45am EST 

Dupont:Andrew N. Liveris will be named executive chairman and edward d. breen will be named CEO of combined company.Says the combined company will be named dowdupont.Under the terms , Dow shareholders will receive a fixed exchange ratio of 1.00 share of dowdupont for each Dow share.Says combined market capitalization will be approximately $130 billion at announcement.Dow and Dupont shareholders will each own about 50 percent of the combined company, on a fully diluted basis, excluding preferred shares.Says Dow shareholders will receive a fixed exchange ratio of 1.00 share of dowdupont for each Dow share.Says all-stock merger of equals.Says companies will include a global pure-play agriculture company; a global pure-play material science company.Parties intend to subsequently pursue a separation of dowdupont into three independent, publicly traded companies through tax-free spin-offs.Says additional upside of approximately $1 billion is expected from growth synergies.Three businesses that boards intend to separate are agriculture company, material science company, specialty products company.Separation of dowdupont would occur as soon as feasible, which is expected to be 18-24 months following the closing of the merger.Transaction is expected to close in the second half of 2016.Evercore,goldman,sachs were dupont's financial advisors;klein and company,lazard,morgan Stanley served as dow's financial advisors for deal.  Full Article

BRIEF-Dow and DuPont stockholders approve merger

* Companies expect merger transaction to close in second half of 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)