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August 5, 2021
By Kevin Stankiewicz, CNBC • Updated on August 4, 2021 at 7:00 pm Getty Images "With this stock currently trading at a meager 17 times this years earnings forecast, Im pronouncing DuPont a bargain," CNBCs Jim Cramer said Wednesday. The "Mad Money" host said investors appear to be misjudging the specialty chemical maker. "This is a higher quality company than Wall Street seems to recognize," he said. CNBCs Jim Cramer said Wednesday he believes DuPont de Nemours shares are trading at...
July 14, 2021
by The Associated Press Last Updated Jul 13, 2021 at 7:39 pm ADT WILMINGTON, Del. (AP) — DuPont Co. and two spinoffs will pay at least $50 million to Delaware to help clean up toxic chemicals, the Delaware Department of Justice announced Tuesday. It’s the first time the state’s Department of Justice has resolved environmental damage claims on behalf of the state, news outlets report. The settlement will pay for environmental restoration, improvement, sampling and analysis, community envi...
June 3, 2021
Ed Breen, Executive Chairman and Chief Executive Officer of DuPont, and Lori Koch, Chief Financial Officer of DuPont, will speak at Deutsche Bank's 12th Annual Global Basic Materials Conference (virtual) on Wednesday, June 9, 2021 from 9:45 a.m. – 10:20 a.m. ET.
May 5, 2021
Leland Weaver Good morning, everyone. Thank you for joining us for DuPonts first-quarter 2021 earnings conference call. Were making this call available to investors and media via webcast. We have prepared slides to supplement our comments during this conference call. These slides are posted on the investor relations section of DuPonts website and through the link to our webcast. Joining me on the call today are Ed Breen, chief executive officer, and Lori Koch, our chief financial officer. Pleas...
May 4, 2021
DuPont Reports First Quarter 2021 Results - 1Q21 GAAP EPS from continuing operations of $0.89; adjusted EPS of $0.91 - 1Q21 Net Sales of $4.0 billion, up 8 percent; organic sales up 7 percent versus the year-ago period - 1Q21 GAAP Income from continuing operations of $541 million; operating EBITDA of $1.05 billion, up 15 percent versus the year-ago period - Earnings leverage of 1.9 times driving operating EBITDA margin expansion of 160 basis points - Approximately $660 million of capital return...
May 4, 2021
The board authorised a new share buyback programme worth £1.08 billion. DuPont forecasts up to £11.45 billion of sales for the full financial year. DuPont de Nemours Inc. (NYSE: DD) said on Tuesday its profit and sales in the fiscal first quarter came in better than what analysts had anticipated. All of its business segments, the company added, showed resilience in recent months as it raised its guidance for the full financial year. 1. Financial performance DuPont reported £3.88 billion of n...
April 28, 2021
DuPont Announces $20 Million Investment in LISCs Black Economic Development Fund News provided by Share this article Share this article WILMINGTON, Del., April 28, 2021 /PRNewswire/ -- DuPont (NYSE: DD) today announced it has committed to invest $20 million in the Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC). The BEDF will provide financing to support Black-led financial institutions, anchor institutions, and businesses through improved a...
April 23, 2021
Longleaf Partners Global Fund Sold its DuPont de Nemours (DD) Position Longleaf Partners Fund, an investment management firm under Southeastern Asset Management, published its “Longleaf Partners Global Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 13.20% was delivered by the fund for the Q1 of 2021, outperforming its MSCI World benchmark that had a 4.92% gain in the same period. You can view the fund’s top 5 holdings to have a peek at the...
March 15, 2021
Industry > Industry monitor > Chemicals DuPont to acquire Laird Performance Materials for $2.3 billion 08 March 2021 Global chemicals and techno-materials major DuPont is acquiring Laird Performance Materials for $2.3 billion, in a deal that will add critical capabilities and market leading offerings in thermal management and electromagnetic shielding essential to emerging electronic applications. DuPont on Monday announced the signing of a definitive agreement with private equity firm Advent...
March 11, 2021
Global materials firm DuPont Co. is acquiring specialty products maker Laird Performance Materials for $2.3 billion in cash.