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DowDuPont Inc (DWDP.N)

DWDP.N on New York Stock Exchange

66.53USD
19 Apr 2018
Change (% chg)

$-1.53 (-2.25%)
Prev Close
$68.06
Open
$67.71
Day's High
$67.81
Day's Low
$66.21
Volume
1,456,341
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52-wk High
$77.08
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$61.28

Latest Key Developments (Source: Significant Developments)

Protein Science To Advance Through Leniobio And Dow Agrosciences License Agreement
Thursday, 15 Mar 2018 

March 15 (Reuters) - DowDuPont Inc ::PROTEIN SCIENCE TO ADVANCE THROUGH LENIOBIO AND DOW AGROSCIENCES LICENSE AGREEMENT.LENIOBIO - EXCLUSIVE LICENSE TO ENABLE LENIOBIO TO UTILIZE DOW AGROSCIENCES' PROPRIETARY EUKARYOTIC CELL-FREE PROTEIN EXPRESSION TECHNOLOGY​.‍LENIOBIO - WILL MARKET INNOVATION TO BIOPHARMACEUTICAL DEVELOPERS UNDER BRAND NAME ALICE​.LENIOBIO - WILL LAUNCH ALICE PLATFORM IN 2018 INITIALLY AS AN EXPRESSION KIT THAT YIELDS HIGHER AMOUNTS OF PROTEINS ON AVERAGE.  Full Article

Evonik says to restructure acrylic ‍​acid operations
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Evonik ::SAYS TO RESTRUCTURE ACRYLIC ‍​ACID OPERATIONS.TO END STOHAAS JV WITH DOW CHEMICAL ON END-2017.  Full Article

Dowdupont declares quarterly dividend of 38 cents per share, announces initial $4 billion share repurchase program
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Dowdupont Inc ::Dowdupont declares quarterly dividend of 38 cents per share, announces initial $4 billion share repurchase program.Dowdupont Inc - dividend for Q4 of 2017 will be payable on Dec. 15, 2017, to shareholders of record on Nov. 15, 2017​.Dowdupont Inc - ‍with a dividend payable date in Dec. 2017, heritage Dow shareholders will receive a total of five dividend payments in calendar year​.Dowdupont - ‍for heritage Dupont shareholders, Q4 dividend will effectively represent a 28 percent increase over last Dupont qtrly dividend payment​.  Full Article

Dowdupont sees Q4 net sales of $19 bln-$19.5 bln vs q4 2016
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Dowdupont Inc ::Dowdupont- sees fy agriculture pro forma sales to increase low-single-digits percent due to new product introductions resulting in price, volume gains‍​.Dowdupont inc - sees q4 net sales of $19 billion - $19.5 billion versus q4 2016.Q4 revenue view $18.92 billion -- Thomson Reuters I/B/E/S.Dowdupont inc sees q4 operating ebitda up 11 percent - 13 percent versus. Q4 2016.Dowdupont- sees q4 agriculture net sales up about 10 percent; sees q4 performance materials & coatings net sales up high-single-digits percent.Dowdupont sees q4 industrial intermediates & infrastructure revenue up high-teens percent; sees q4 packaging & specialty plastics revenue up about 10 percent.  Full Article

DowDuPont total pretax restructuring charges to be recorded include about $875 mln to $975 mln severance and related benefits costs
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - DowDuPont Inc :DowDuPont - Total pretax restructuring charges to be recorded include about $875 million-$975 million severance and related benefits costs, among others.DowDuPont- Pretax restructuring charge of $2 billion also include about $450 million-$800 million asset related charges, $400 million-$450 million contract terminations costs.DowDuPont- Expects to record pretax restructuring charges of about $1 billion in Q4; remaining restructuring charges to be incurred by end of 2019.DowDuPont- Expects future cash payments related to the pretax restructuring charge to be about $1,275 million-$1,425 million.DowDuPont- The future cash payments of $1,275 million-$1,425 million primarily related to payment of severance & related benefits & contract termination costs.  Full Article

DowDuPont says Q3 GAAP earnings per share $0.32
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - DowDuPont Inc -:DowDuPont reports third quarter 2017 results.Q3 adjusted pro forma earnings per share $0.55.Q3 GAAP earnings per share $0.32.Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.DowDuPont Inc - qtrly ‍GAAP net sales of $15.4 billion; pro forma net sales increase 8% to $18.3 billion​.DowDuPont Inc - reiterated its commitment to $3 billion cost synergy target​.DowDuPont Inc - ‍in connection with cost savings actions approved to date, DowDuPont recognized pre-tax charges of $180 million in Q3​.DowDuPont Inc - ‍expects to recognize total pre-tax charges of about $2 billion, with approximately $1 billion expected in Q4 of 2017​.DowDuPont Inc - cost savings actions expected to achieve a 70 percent run rate at end of 12 months and 100 percent run rate within 24 months​.DowDuPont - ‍majority of cost savings​ work to come from procurement synergies, global workforce reductions, buildings & facilities consolidations, among others.Q3 revenue view $18.01 billion -- Thomson Reuters I/B/E/S.DowDuPont Inc - ‍expects to close divestiture of a select portion of Dow Agrosciences' corn seed business in Brazil in Q4 of 2017.DowDuPont Inc - ‍"demand outlook is positive" for majority of co's key end-markets​.DowDuPont - qtrly agriculture volume, pricing headwinds driven by Latam weakness as sales channels hold high inventory levels of crop protection products.DowDuPont Inc - ‍"Still see some market headwinds, most notable for us being in agriculture"​.  Full Article

Dowdupont says sees Q3 ‍pro forma adjusted earnings per share of $0.55
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Dowdupont Inc :Dowdupont provides expected third quarter 2017 financial results, files historical pro forma financial statements.Sees Q3 GAAP earnings per share $0.32.Q3 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Sees Q3 ‍GAAP net sales of $15.4 billion; pro forma net sales of $18.3 billion.Says sees Q3 ‍pro forma adjusted earnings per share of $0.55 ​.Says ‍in light of accounting, reporting changes incorporated in historical, current quarter pro forma statements, co provided expected results for Q3.Says ‍Q3 pro forma adjusted eps expectation excludes $0.37/share charge for significant items.Says Q3 ‍pro forma adjusted EPS expectation also excludes $0.08 per share charge for Dupont amortization of intangible assets​.Q3 revenue view $17.60 billion -- Thomson Reuters I/B/E/S.  Full Article

Earl Shipp elected to Olin's board of directors
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Dowdupont Inc :Earl L. Shipp elected to Olin's board of directors and Olin declares 364th consecutive quarterly dividend.  Full Article

Novozymes sets up Turkish project to keep flatbreads fresh for longer

COPENHAGEN, April 11 Danish enzymes maker Novozymes has invested in a new lab in Turkey to develop baking enzymes that help to prevent flatbreads traditionally eaten across the Middle East and Africa from going stale.