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

DD.N on New York Stock Exchange

84.94USD
3:13pm EDT
Change (% chg)

$-0.41 (-0.48%)
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$85.35
Open
$85.46
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$85.48
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$84.62
Volume
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$85.48
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Latest Key Developments (Source: Significant Developments)

DuPont sets quarterly dividend of $0.38per share
Thursday, 13 Jul 2017 04:30pm EDT 

July 13 (Reuters) - DuPont :Sets quarterly dividend of $0.38per share.  Full Article

Dow names ‍pedro Suarez Chief Commercial Officer​
Thursday, 13 Jul 2017 12:00pm EDT 

July 13 (Reuters) - Dow Chemical Co ::Dow announces changes in key executive leadership roles.‍Pedro Suarez named chief commercial officer​.Matt Davis adds North American Geographical President role​.‍Joe Harlan retires​.Chief commercial officer ‍Joe Harlan has elected to retire from company at close of Dow Dupont merger ​.  Full Article

Dow to divest portion of its corn hybrid seed business in Brazil to CITIC Agri Fund for $1.1 bln​
Tuesday, 11 Jul 2017 05:00pm EDT 

July 11 (Reuters) - Dow Chemical Co ::Dow to divest a portion of its corn hybrid seed business in brazil to citic agri fund.Dow to divest a portion of its corn hybrid seed business in brazil to citic agri fund.Dow chemical co - transaction marks continued progress in proposed dow and dupont transaction.Dow chemical co - deal for ‍purchase price of $1.1 billion​.Dow chemical co - both companies are working together for a "seamless" transition for all stakeholders.Dow chemical co - merger transaction is still expected to generate cost synergies of approximately $3 billion and growth synergies of $1 billion.Dow chemical co - dow and dupont continue to work constructively with regulators in remaining jurisdictions to obtain clearance for merger.Dow chemical co - companies have reaffirmed expectation to close merger in august 2017, with intended spin-offs to occur within 18 months of closing.Dow chemical co - ‍entered into a definitive agreement with citic agri fund to divest a select portion of dow agrosciences' corn seed business in brazil​.Dow chemical co - divestiture will be conditioned on dow and dupont closing their merger transaction, including approval of divestiture transaction by cade.Dow chemical co - divestiture will be conditioned on dow and dupont closing their merger transaction.Dow chemical- ‍divestiture is intended to satisfy dow's commitments to brazil's cade related with regulatory clearance of proposed merger with dupont​.  Full Article

S. Africa's Competition Commission says Dow, Dupont deal approved with conditions
Wednesday, 5 Jul 2017 10:19am EDT 

July 5 (Reuters) - Competition Commission South Africa::Says Dow, Dupont merger approved with conditions - FB post.Dow to make available 81 maize hybrids,7 maize inbred lines to 3rd parties for licensing hybrids, inbreds in South Africa.Dow is required to register Powercore, Enlist biotechnology traits in S.Africa within 2 years of approval of deal.In relation to insecticides, Dow, Dupont required to divest Dupont's entire insecticide business.  Full Article

Dow and DuPont provide update on merger
Wednesday, 28 Jun 2017 06:30pm EDT 

June 28 (Reuters) - Dow Chemical Co ::Dow and DuPont provide update on merger.Dow Chemical Co says companies reaffirmed their expectation to close merger in august 2017.Dow Chemical Co - boards have jointly commenced review and have engaged Mckinsey & Co. To assist companies in assessment.Dow Chemical Co - DowDuPont board is expected to review results soon after merger closes.Dow Chemical Co - boards of Dow, DuPont "support a comprehensive portfolio review for dowdupont".Dow - "if results of our review demonstrate there is net greater long-term value creation to be realized through a change in portfolio, it will be pursued".  Full Article

CB&I awarded contract for ethane cracking furnace project
Wednesday, 21 Jun 2017 08:00am EDT 

June 21 (Reuters) - Chicago Bridge & Iron Company Nv :CB&I awarded contract for ethane cracking furnace project.Chicago Bridge & Iron Company NV - has been awarded a contract valued at approximately $40 million by e. i. Du pont de nemours and company (dupont).Chicago Bridge & Iron company NV - new cracking furnace will have an ethylene capacity of 200 million pounds per year.  Full Article

Hart-Scott-Rodino waiting period expires for Dupont-FMC transactions
Wednesday, 14 Jun 2017 09:25am EDT 

June 14 (Reuters) - E I Du Pont De Nemours And Co :Hart-Scott-Rodino waiting period expires for dupont-fmc transactions.Dupont - companies continue to expect transactions to close in Q4 of 2017.Dupont - Dupont continues to expect fmc transactions to close in Q4 of 2017.Dupont - waiting periods for approval of transactions with fmc under Hart-Scott-Rodino antitrust improvements act of 1976 expired.  Full Article

De La Rue says to buy DuPont's authentication business for $25 mln in cash
Friday, 9 Jun 2017 08:42am EDT 

June 9 (Reuters) - De La Rue Plc ::To acquire authentication business of DuPont electronics & communications for a cash consideration of $25m.Transaction is expected to complete by end of this calendar year, subject to specific closing conditions.Anticipated to be earnings accretive in first year post completion.  Full Article

Third Point says issues new DowDuPont board must consider include capital structure, optimal cost of capital
Wednesday, 24 May 2017 12:23pm EDT 

May 24 (Reuters) - Third point LLC: :Issues DowDuPont board must consider post deal-close include capital structure, optimal cost of capital - presentation.Says issues DowDuPont board must consider post deal-close also include new cost reduction goals in light of planned portfolio review.Says DowDuPont board must consider, post deal-close, whether 3 spin-off companies are "appropriate".Says offering structural solutions that could create about $20 billion of additional value compared to status quo in Dow & DuPont merger.Says DowDuPont board must consider, post deal-close, if creation of additional companies or divestitures would "enhance shareholder value".Third point, on DowDuPont, says believes Specialty Products could be split into as many as 4 public cos to ensure each "Spin Co" has "compelling" invesment case.Says reconfiguration of dowdupont portfolio should yield cost reduction opportunities that are incremental to announced synergies of $3 billion.Third point, on DowDuPont, says new board will need to evaluate whether dividends, special dividends or buybacks provide the "most value" to shareholders.Says to optimize cost of capital, estimate DowDuPont board will need to return nearly $40 billion of excess capital to shareholders in 24 months post closing.Third point, on DowDuPont, says shareholders proposal recommends moving several businesses from material science to speciality products.  Full Article

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

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DuPont, Monsanto urge transparent GMO crop reviews in China

BEIJING Global seeds giants have called for transparent, science-based approvals processes for new crop types after China approved two more genetically modified (GMO) crops for import, but left four others on the waiting list.