Edition:
United States

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

DD.N on New York Stock Exchange

77.38USD
22 May 2017
Change (% chg)

$-0.44 (-0.57%)
Prev Close
$77.82
Open
$78.12
Day's High
$78.58
Day's Low
$77.32
Volume
543,224
Avg. Vol
854,021
52-wk High
$82.37
52-wk Low
$61.12

Latest Key Developments (Source: Significant Developments)

Dow, DuPont get conditional approval in Brazil for proposed merger
Wednesday, 17 May 2017 11:06am EDT 

May 17 (Reuters) - Dow Chemical Co ::Dow and DuPont receive conditional regulatory approval in Brazil for proposed merger of equals.Merger remains on track to close between Aug. 1 and Sept. 1.  Full Article

Dow and DuPont announce board of directors for DowDuPont
Thursday, 11 May 2017 10:00am EDT 

May 11 (Reuters) - Dow Chemical Co::Dow and DuPont announce board of directors for DowDuPont.As determined by merger agreement, DowDuPont board will consist of 16 directors.Companies reaffirm their expectation for closing of merger to occur between August 1, 2017 and September 1, 2017.Appointments will be effective upon completion of proposed merger transaction.Intended spin-offs related to deal will occur within 18 months of deal closing.Priorities of DowDuPont board include "comprehensive review" of portfolios and their alignment, total synergies, time to spin each of divisions.  Full Article

FMC Corporation announces Q1 GAAP loss per share $0.92
Tuesday, 2 May 2017 04:30pm EDT 

May 2 (Reuters) - FMC Corp :Qtrly consolidated revenue of $596 million, down 2 percent versus Q1 '16.Q1 adjusted earnings per share $0.43.Q1 GAAP loss per share $0.92.FMC Corporation announces first quarter 2017 results.Sees FY 2017 adjusted earnings per share $2.20 to $2.60 excluding items.FMC Corp - FMC expects adjusted earnings per share to be in range of $2.20 to $2.60 for full year 2017.FMC Corp - Segment revenue for full year of 2017 is forecast to be in range of $325 million to $365 million for FMC lithium.FMC Corp - FMC's full year outlook for AG Solutions is unchanged.FMC Corp - For 2017, full-year segment revenue is expected to be approximately $2.2 billion to $2.4 billion for FMC agricultural solutions.  Full Article

DuPont says Dow, co receive conditional approval from China's Ministry of Commerce for proposed merger of equals
Tuesday, 2 May 2017 10:51am EDT 

May 2 (Reuters) - DuPont::Dow and DuPont receive conditional approval from China's Ministry of Commerce for proposed merger of equals.MOFCOM's approval is conditional on DuPont and dow fulfilling commitments given to MOFCOM in connection with clearance.Says Dow and DuPont on track to close merger between Aug. 1 and Sept. 1.Dow, company made commitments for supply, distribution in China of some herbicide, insecticide ingredients, formulations for rice crops for 5 years after deal closing.  Full Article

Dupont sets quarterly dividend of $0.38 per share
Thursday, 27 Apr 2017 06:45am EDT 

April 27 (Reuters) - Dupont ::Sets quarterly dividend of $0.38 per share.  Full Article

DuPont expects pre-tax charges of $326 mln in 2017 - SEC filing
Tuesday, 25 Apr 2017 03:44pm EDT 

April 25 (Reuters) - E I Du Pont De Nemours And Co ::Expects to incur pre-tax charges of $326 million, comprised of $293 million of asset-related charges, $33 million in severance costs in 2017 - SEC filing.Charges for 2017 primarily relate to closure of Protection Solutions segment's Cooper River manufacturing site near Charleston, South Carolina.  Full Article

Dupont Q1 operating earnings per share $1.64
Tuesday, 25 Apr 2017 06:00am EDT 

April 25 (Reuters) - Dupont :Dupont reports first-quarter results.Q1 operating earnings per share $1.64.Q1 GAAP earnings per share $1.52.Q1 earnings per share view $1.38 -- Thomson Reuters I/B/E/S.Q1 sales $7.7 billion versus I/B/E/S view $7.5 billion.Dupont - expects first-half 2017 GAAP earnings per share of about $2.42.Dupont - first-half 2017 operating earnings per share are expected to be about $2.90.Dupont - continue to expect to close Dow merger in august of this year.Q1 agriculture segment operating earnings $1,236 million versus operating earnings of $1,101 million.Q1 performance materials operating earnings $355 million versus operating earnings of $273 million.Dupont - Continue to expect to quickly begin working on 500-plus projects identified to deliver targeted $3 billion in cost synergies relating to Dow deal.Dupont - H1 2017 GAAP earnings includes an expected net charge of about $0.32 per share for items related to deal costs associated with merger with Dow.Dupont - agriculture sales were positively impacted by change in timing of seed deliveries which benefitted Q1 sales by approximately $140 million in quarter.Dupont - qtrly volume grew in almost all segments, led by performance materials, electronics & communications and agriculture.  Full Article

Dupont CEO Edward Breen's fy 2016 total compensation was $11 mln
Friday, 14 Apr 2017 09:54am EDT 

Dupont : CEO Edward Breen's fy 2016 total compensation was $11.0 million versus $10.2 million in fy 2015 - sec filing .CFO Nicholas Fanandakis's fy 2016 total compensation $5.6 million versus $4.1 million in fy 2015.  Full Article

FMC Corp says in connection with purchase agreement with DuPont, co entered into commitment letters - SEC Filing
Tuesday, 4 Apr 2017 02:51pm EDT 

FMC Corp : On March 27, 2017, in connection with purchase agreement with DuPont, co entered into commitment letters with Citigroup Global Markets Inc . Under terms, commitment party will provide for, among other things, commitment of a $1.5 billion 364-day bridge term loan .Under terms, commitment party will provide to co in certain circumstances, a $1.5 billion revolving credit facility, $750 million term loan facility.  Full Article

BP, DuPont venture acquires Nesika Energy
Monday, 3 Apr 2017 07:18am EDT 

BP Plc : Butamax Advanced Biofuels, a BP and DuPont JV, announced acquisition of Nesika Energy and its state-of--art ethanol facility in Kansas .Butamax plans to license its proprietary bio-isobutanol technology beyond this first facility on a global scale.  Full Article

More From Around the Web

Fitch Publishes 'BBB' Syngenta Rating, Outlook Stable

(The following statement was released by the rating agency) LONDON, May 19 (Fitch) Fitch Ratings has published a 'BBB' Foreign-Currency Long-Term Issuer Default Rating on Syngenta AG following its takeover by China National Chemical Corporation (ChemChina; A-/Stable). At the same time, Fitch has published a Foreign-Currency Short-Term Issuer Default Rating on the company of 'F3' and a senior unsecured long-term rating of 'BBB'. A full list of rating actions is at the end of this commentary. The