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DowDuPont Inc (DWDP.N)

DWDP.N on New York Stock Exchange

70.32USD
14 Dec 2017
Change (% chg)

$-0.24 (-0.34%)
Prev Close
$70.56
Open
$70.65
Day's High
$70.93
Day's Low
$70.07
Volume
2,293,860
Avg. Vol
--
52-wk High
$73.84
52-wk Low
$64.01

Latest Key Developments (Source: Significant Developments)

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

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Monsanto offers cash to U.S. farmers who use controversial chemical

CHICAGO Monsanto Co will give cash back to U.S. farmers who buy a weed killer that has been linked to widespread crop damage, offering an incentive to apply its product even as regulators in several U.S. states weigh restrictions on its use. | Video