DuPont is going the way of GE—again—by surprising investors with a three-way breakup. The reaction from investors was positive.
DuPont is going the way of GE—again—by surprising investors with a three-way breakup. The reaction from investors was positive.
Materials giant DuPont pre-announced fourth-quarter results and provided financial guidance for the first quarter, and the numbers weren’t good.
DuPont stock was down in early trading after quarterly results showed that the global economy just isn’tgreat for industrial and materials companies. Things are still slowing down.
Chemical maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell 80.1% of its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, for about $1.6 billion.
DuPont de Nemours Inc.’s stock DD,rose 1.3% premarket Wednesday, after the chemicals company topped forecasts for its second quarter earnings, although its guidance was mixed.
Chemical makers Chemours Co, DuPont de Nemours Inc and Corteva Inc said on Friday they would set up a $1.19 billion fund to settle PFAS-related drinking water claims in the United States.