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 ...

DuPont de Nemours Inc (NYSE:DD) has been capturing attention in the market as its shares have soared to a two-year high, nearing the $80 mark as of May 20th. This surge in valuation isn’t arbitrary; it’s backed by solid fundamentals and strategic moves by the company.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.In the first quarter of 2024, DuPont exceeded expectations, with non-GAAP EPS of $0.79, surpassing estimates by $0.14. Despite a slight dip ...

WILMINGTON, Del., May 16, 2024 /PRNewswire/ -- DuPont (NYSE:DD) today announced it has been Certified™ by Great Place To Work® for the second year in a row. The prestigious recognition is based entirely on survey responses from current employees about their experience working at DuPont. Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation."We are proud to once ...

DuPont de Nemours Inc. (DD) has announced that it will exhibit its full spectrum of advanced circuit materials and solutions at the 2024 International Electronic Circuits Exhibition in Shanghai.The demand for high-speed gadgets that power Artificial Intelligence ("AI") continues to rise due to a rapid increase in data generation. DuPont is driving innovation with cutting-edge solutions for sophisticated packaging and integrated circuit ("IC") substrates, which are critical components for AI accelerators and ...

DuPont de Nemours Inc's (DD) Performance Building Solutions recently introduced Tyvek Trifecta, its newest generation breather membrane. The novel product provides great fire and moisture protection, making it an ideal choice for high-rise building external walls. It comes in a handy and lightweight 1.5m × 25m roll size.Tyvek Trifecta is a non-combustible breather membrane that offers all of the benefits of a conventional Tyvek breather membrane, but with A2-s1, d0 Class Fire Performance according to the cu ...

Have you looked into how DuPont de Nemours (DD) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this specialty chemicals maker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essenti ...

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DuPont de Nemours, Inc. (DD) registered a profit from continuing operations of $183 million or 41 cents per share in first-quarter 2024. In the year-ago quarter, the company recorded a profit of $273 million or 58 cents per share.Barring one-time items, earnings came in at 79 cents per share in the reported quarter, topping the Zacks Consensus Estimate of 65 cents.DuPont's net sales reached $2,931 million, down 3% year over year. This result exceeded the Zacks Consensus Estimate of $2,816 million. The 6% dr ...