Bull notes have pushed Dupont De Nemours Inc (NYSE:DD) stock to two-year highs today. The stock was last seen up 0.5% at $81.52 and earlier hit a peak of $82.30, after Citigroup upgraded the chemical name to "buy" from "neutral," with a price-target hike to $95 from $85, while Barclays lifted its price objective to $85 from $81. This is just the latest in a flood of analyst praise, as Deutsche Bank raised its price target and Wells Fargo upgraded the stock last trading session. This attention comes ahead of ...

DuPont de Nemours Inc's (DD) Tedlar will display aerospace innovations at the 2024 Aircraft Interiors Expo ("AIX"), which will be held in Hamburg, Germany, from May 28 to May 30. Tedlar will exhibit its long-standing solutions for cleanable, durable, customizable and safe airplane interiors at the event.Tedlar is a significantly lightweight and durable protective material. It is crucial to improve aircraft performance by enabling paneling systems that boost efficiency and reduce waste. Tedlar film fulfills ...

WILMINGTON, Del., May 24, 2024 /PRNewswire/ -- DuPont™ Tedlar® will be exhibiting at 2024 Aircraft Interiors Expo (AIX), taking place from May 28 to May 30 in Hamburg, Germany. Tedlar® will be showcasing its long-established solutions for cleanable, durable, customizable and safe aircraft interiors at booth #6F74 Hall 6. We will have joint participation from other DuPont businesses including Nomex® and Kevlar®.Tedlar® is an extremely lightweight and long-lasting protective material. It plays a critical role ...

Investors are keeping a close eye on DuPont (NYSE:DD) stock today as the American multinational chemical company opts to break up its business into three distinct companies. Indeed, DuPont will fracture its electronics and water sectors, leaving the third company more specifically focused on its biopharma and medical devices.The transaction will be tax-free to shareholders. It will be completed over the next 18 to 24 months and is still subject to approval by Dupont’s board of directors.DuPont, which announ ...

DuPont de Nemours (DD) is making headlines Thursday after the global chemicals company announced its intention to split into three independent, publicly traded companies.Over the next 18 to 24 months, DuPont will separate its Electronics and Water businesses from its core business. New DuPont will continue operating as a diversified industrial company while the new independent entities will "benefit from increased focus and agility in their respective industries," DuPont said in a press release announcing i ...

DuPont de Nemours, Inc. (DD) announced a strategic plan to separate into three distinct, publicly traded companies aimed at unlocking value for shareholders and enhancing operational focus. The proposed separations of the Electronics and Water businesses will be executed in a tax-free manner for DuPont shareholders, resulting in New DuPont, Electronics and Water as independent entities. Each company will benefit from increased agility and focus within their respective industries while maintaining strong bal ...

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Key TakeawaysDuPont announced late Wednesday it will split into three publicly traded entities—focused on electronics, water and industrials, respectively—in an effort to better allocate capital.This isn't the first time DuPont has been a part of spinoffs, and the company becomes the latest conglomerate to deploy a similar strategy.DuPont also announced that Chief Financial Officer Lori Koch will replace Ed Breen as chief executive officer in June. Breen will stay on as executive chairman.Shares of the comp ...

Tax-free separations create independent, focused Electronics and Water companies that are global leaders in their respective industriesNew DuPont will remain a premier diversified industrial company with industry-leading brands and solutionsReaffirms second quarter and full year 2024 net sales, operating EBITDA and adjusted EPS financial guidanceCompany to host a call with investors at 8:00 a.m. ET on Thursday, May 23, 2024WILMINGTON, Del., May 22, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced a pl ...

Ed Breen to Transition to Executive Chair Role; Lori Koch Named Chief Executive Officer; Antonella Franzen Named Chief Financial OfficerWILMINGTON, Del., May 22, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced that its Board of Directors has selected Lori D. Koch, DuPont's Chief Financial Officer, to succeed Edward D. Breen as the company's Chief Executive Officer. Effective June 1, 2024, Mr. Breen will transition from the role of CEO to full-time Executive Chairman of the Board of Directors. Additio ...