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Dupont De Nemours Inc (DD.N)

DD.N on New York Stock Exchange

47.47USD
25 Feb 2020
Change (% chg)

$-2.98 (-5.91%)
Prev Close
$50.45
Open
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$47.02
Volume
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$169.92
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$47.02

Latest Key Developments (Source: Significant Developments)

DuPont Says Ed Breen To Return As CEO
Tuesday, 18 Feb 2020 

Feb 18 (Reuters) - Dupont De Nemours Inc ::DUPONT ANNOUNCES LEADERSHIP CHANGES.DUPONT - ED BREEN RETURNS TO CEO ROLE, BECOMING EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER.DUPONT - LORI KOCH NAMED CHIEF FINANCIAL OFFICER.DUPONT - APPOINTMENTS ARE EFFECTIVE IMMEDIATELY.DUPONT - MARC DOYLE AND JEANMARIE DESMOND, WHO HAVE SERVED AS CEO AND CFO RESPECTIVELY, WILL DEPART COMPANY.DUPONT - LORI D. KOCH, VICE PRESIDENT OF INVESTOR RELATIONS AND CORPORATE FINANCIAL PLANNING AND ANALYSIS, IS NAMED CFO.DUPONT - NICK FANANDAKIS, FORMER DUPONT CFO, WILL SERVE AS SENIOR ADVISOR TO CEO WITH A FOCUS ON DRIVING RESTRUCTURING EFFORT.DUPONT'S ED BREEN SAYS "WHILE WE MADE SOME PROGRESS IN 2019, WE DID NOT MEET OUR OWN EXPECTATIONS AND WE NOW NEED TO MOVE AGGRESSIVELY".DUPONT - ED BREEN RETURNS TO CEO ROLE, BECOMING EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER.  Full Article

Dupont Declares Regular Quarterly Dividend On Common Stock
Thursday, 13 Feb 2020 

Feb 13 (Reuters) - Dupont De Nemours Inc ::DUPONT DECLARES REGULAR QUARTERLY DIVIDEND ON COMMON STOCK.DUPONT - DECLARED A Q1 DIVIDEND OF $0.30 PER SHARE ON OUTSTANDING COMMON STOCK OF COMPANY.  Full Article

Dupont Sees FY 2020 Adjusted Earnings Per Share $3.70 To $3.90
Thursday, 30 Jan 2020 

Jan 30 (Reuters) - Dupont De Nemours Inc ::DUPONT REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.95.Q4 GAAP EARNINGS PER SHARE $0.24 FROM CONTINUING OPERATIONS.Q4 SALES $5.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.23 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.95 -- REFINITIV IBES DATA.SEES FY 2020 ADJUSTED EARNINGS PER SHARE $3.70 TO $3.90.SEES FY 2020 SALES $21.5 BILLION TO $22 BILLION.FY2020 EARNINGS PER SHARE VIEW $4.11, REVENUE VIEW $21.98 BILLION -- REFINITIV IBES DATA.DUPONT - ELECTRONICS & IMAGING REPORTED Q4 NET SALES OF $937 MILLION, UP 3 PERCENT FROM YEAR-AGO PERIOD.DUPONT - 2020 ADJUSTED EARNINGS PER SHARE GUIDANCE OF $3.70 TO $3.90 REFLECTING HEADWINDS FROM PRIOR YEAR DISCRETE BENEFITS AND NYLON MARKET PRESSURES.DUPONT - CONTINUE TO STRATEGICALLY REDUCE SPENDING AND ARE TAKING ACTIONS TO CONSOLIDATE OUR ASSET FOOTPRINT.DUPONT - NUTRITION & BIOSCIENCES REPORTED Q4 NET SALES OF $1.5 BILLION, DOWN 2 PERCENT FROM YEAR-AGO PERIOD..DUPONT - TRANSPORTATION & INDUSTRIAL REPORTED Q4 NET SALES OF $1.2 BILLION, DOWN 9 PERCENT FROM YEAR-AGO PERIOD.SEES Q1 ADJUSTED EARNINGS PER SHARE $0.70 TO $0.74 INCLUDING ITEMS.DUPONT - SAFETY & CONSTRUCTION REPORTED Q4 NET SALES OF $1.3 BILLION, DOWN 3 PERCENT FROM YEAR-AGO PERIOD..DUPONT - EXPECTING Q1 NET SALES TO BE DOWN MID-SINGLE DIGITS.DUPONT - ON AN ORGANIC BASIS, QTRLY NET SALES WERE DOWN 2 PERCENT.  Full Article

IFF Names Rustom Jilla Chief Financial Officer
Friday, 20 Dec 2019 

Dec 19 (Reuters) - International Flavors & Fragrances Inc ::CURRENT CFO RICHARD O'LEARY NAMED EVP, INTEGRATION OFFICER FOR IFF.RUSTOM JILLA APPOINTED AS IFF EVP, CHIEF FINANCIAL OFFICER EFFECTIVE JANUARY 20, 2020.  Full Article

IFF To Merge With Dupont'S Nutrition & Biosciences Business
Monday, 16 Dec 2019 

Dec 15 (Reuters) - International Flavors & Fragrances Inc ::IFF TO MERGE WITH DUPONT’S NUTRITION & BIOSCIENCES BUSINESS.INTERNATIONAL FLAVORS & FRAGRANCES INC - DEAL VALUES COMBINED COMPANY AT $45.4 BILLION ON AN ENTERPRISE VALUE BASIS.INTERNATIONAL FLAVORS & FRAGRANCES INC - DEAL REFLECTS A VALUE OF $26.2 BILLION FOR N&B BUSINESS.INTERNATIONAL FLAVORS & FRAGRANCES INC - TERMS OF DEAL AGREEMENT HAS BEEN UNANIMOUSLY APPROVED BY BOTH BOARDS OF DIRECTORS.INTERNATIONAL FLAVORS & FRAGRANCES - DUPONT SHAREHOLDERS WILL OWN 55.4% OF THE SHARES OF THE NEW COMPANY AND EXISTING IFF SHAREHOLDERS WILL OWN 44.6%.IFF - UPON COMPLETION OF DEAL , DUPONT WILL RECEIVE A ONE-TIME $7.3 BILLION SPECIAL CASH PAYMENT, SUBJECT TO CERTAIN ADJUSTMENTS..INTERNATIONAL FLAVORS & FRAGRANCES - UPON CLOSING, NEW CO'S BOARD WILL CONSIST OF 13 DIRECTORS: 7 CURRENT IFF DIRECTORS, 6 DUPONT DIRECTOR APPOINTEES.IFF - NEW COMPANY WILL BE HEADQUARTERED IN NEW YORK.IFF - DUPONT EXECUTIVE CHAIRMAN, ED BREEN, WILL JOIN BOARD OF COMBINED CO AS DUPONT APPOINTEE.  Full Article

DuPont Declares Regular Quarterly Dividend On Common Stock
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Dupont De Nemours Inc ::DUPONT DECLARES REGULAR QUARTERLY DIVIDEND ON COMMON STOCK.DUPONT - DECLARED A Q4 DIVIDEND OF $0.30 PER SHARE.  Full Article

Dupont To Acquire Membrane Business From Evoqua Water Technologies Corp.
Thursday, 3 Oct 2019 

Dupont De Nemours Inc ::DUPONT TO ACQUIRE MEMBRANE BUSINESS FROM EVOQUA WATER TECHNOLOGIES CORP..DUPONT - TO ACQUIRE MEMCOR BUSINESS INCLUDING ULTRAFILTRATION AND MEMBRANE BIOFILTRATION TECHNOLOGIES FROM EVOQUA WATER TECHNOLOGIES.  Full Article

Dupont To Acquire Ultrafiltration Membrane Business From BASF
Monday, 23 Sep 2019 

Sept 23 (Reuters) - Dupont De Nemours Inc ::DUPONT TO ACQUIRE ULTRAFILTRATION MEMBRANE BUSINESS FROM BASF.DUPONT - FINANCIAL TERMS OF AGREEMENT WERE NOT DISCLOSED..DUPONT - DUPONT SAFETY & CONSTRUCTION SIGNED AN AGREEMENT TO ACQUIRE ULTRAFILTRATION MEMBRANE BUSINESS FROM BASF INCLUDING INGE GMBH.  Full Article

Dupont QTRLY Adjusted EPS Of $0.97
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Dupont De Nemours Inc ::DUPONT QTRLY ADJUSTED EPS OF $0.97.DUPONT - RAISED ITS FULL YEAR GUIDANCE FOR PRO FORMA ADJUSTED EPS TO A RANGE OF $3.75 TO $3.85.DUPONT QTRLY NET SALES FOR QUARTER TOTALED $5.5 BILLION, DOWN 7 PERCENT VERSUS SAME QUARTER LAST YEAR.DUPONT QTRLY ELECTRONICS & IMAGING REPORTED NET SALES OF $858 MILLION, DOWN 7 PERCENT.DUPONT QTRLY NUTRITION & BIOSCIENCES REPORTED NET SALES OF $1.6 BILLION, DOWN 4 PERCENT.DUPONT - ON AN ORGANIC BASIS, QTRLY NET SALES WERE DOWN 3 PERCENT.DUPONT QTRLY TRANSPORTATION & INDUSTRIAL REPORTED NET SALES OF $1.3 BILLION, DOWN 10 PERCENT.DUPONT - EXPECT FULL YEAR ORGANIC SALES TO BE SLIGHTLY DOWN VERSUS PRIOR YEAR.DUPONT - TAKING NEW COST ACTIONS IN SECOND HALF TO MITIGATE EXPECTED TOP LINE HEADWINDS.Q2 EARNINGS PER SHARE VIEW $0.84, REVENUE VIEW $5.63 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $3.77 -- REFINITIV IBES DATA.  Full Article

DowDuPont Sees Charges In Range Of $800 Mln- $1,300 Mln On Pre-Tax Basis In Quarter Ending June 30
Wednesday, 29 May 2019 

May 29 (Reuters) - DowDuPont Inc ::DOWDUPONT INC - SEES CHARGES WILL BE IN THE RANGE OF $800 MILLION - $1,300 MILLION ON A PRE-TAX BASIS IN THE QUARTER ENDING JUNE 30, 2019.DOWDUPONT INC - NO PORTION OF THE IMPAIRMENT CHARGES IN QUARTER RELATES TO FUTURE CASH EXPENDITURES.DOWDUPONT INC - CONTINUES TO ASSESS RECOVERABILITY OF GOODWILL & OTHER ASSETS RELATED TO INTERNAL SP DISTRIBUTION AND Q2 SEGMENT REALIGNMENT.DOWDUPONT - CONCLUDED THAT NON-CASH IMPAIRMENT CHARGES PRIMARILY RELATED TO GOODWILL ARE REQUIRED UNDER GAAP OF U.S. IN QUARTER ENDING JUNE 30, 2019.  Full Article

UPDATE 1-Breen to return as DuPont CEO

Feb 18 DuPont has brought back management veteran Edward Breen as its chief executive officer, in a move that the industrial materials maker is hoping will help lift sluggish sales since its split from DowDuPont Inc.