Tag: DuPont

DuPont to Split Into Three Companies as CEO Breen Steps Back

(Bloomberg) — DuPont de Nemours Inc. plans to split into three publicly traded companies, joining a list of industrial conglomerates seeking to boost returns by breaking into smaller, more focused businesses. Most Read from Bloomberg The company will separate its electronics and water units through tax-free transactions, DuPont announced Wednesday in a statement. The remaining […]

DuPont to split into three companies, replaces CEO Ed Breen

(Reuters) -DuPont said on Wednesday it will split into three publicly traded companies, sending its shares up 5% after the bell as it joins a slew of U.S. conglomerates looking to unlock value and pursue focused growth. The company will separate its electronics and water businesses in tax-free transactions, while the new DuPont will continue […]

Jessie Ball duPont Fund isn’t shying away from complicated legacy

Alfred and Jessie duPont Earlier this year the Jessie Ball duPont Fund brought Ty Seidule, an author and historian, to Jacksonville for a public event. It was held at the Jessie Ball duPont Center, or The Jessie as the former Haydon Burns Library has been referred to since it was transformed into a nonprofit center […]

Why DuPont Stock Is Falling Today

Chemicals giant DuPont de Nemours (NYSE: DD) is seeing demand soften, both from Western industrial customers and from China. That’s impacting earnings, and investors are not happy. Shares of DuPont traded down 12% as of 10:30 a.m. ET Wednesday after the company released preliminary year-end results. Are DuPont customers scaling back? DuPont isn’t scheduled to […]

Chemicals-maker DuPont tumbles as prelim quarterly results disappoint

(Reuters) – DuPont De Nemours said on Wednesday that it expects to report a fourth-quarter loss compared to a year-ago profit, sending its shares down 12% before the bell. The multi-industrial chemical company expects to report a loss from continuing operations in between 220 million and $370 million, compared to a reported profit of $105 […]