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Dow And DuPont Announce Merger, Intend To Spin Into Three Publicly Traded Companies
Friday, December 11, 2015 - 8:40am | 629Dow Chemical Co (NYSE: DOW) and E I Du Pont De Nemours And Co (NYSE: DD) made their merger official on Friday. The companies confirmed the combined entity will proceed to split into three "highly focused leading businesses." The companies noted the "highly synergistic...
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DuPont Price Target Cut At Morgan Stanley; Stock Up 10%
Tuesday, October 6, 2015 - 11:46am | 342Shares of E I Du Pont De Nemours And Co (NYSE: DD) spiked higher by 10 percent on Tuesday. DuPont announced on Monday its CEO Ellen Kullman will retire, cut its fiscal 2015 operating earnings per share guidance to around $2.75 from a previous $3.10. Vincent Andrews of Morgan Stanley...
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Monday's After-Hours Movers Led By Du Pont, Arena Pharma, Illumina & Container Store Group
Monday, October 5, 2015 - 5:26pm | 342Shares of Container Store Group Inc (NYSE: TCS) are down roughly 4 percent on Monday’s after-hours trading following the announcement of the company’s second quarter financial results. The small-cap specialty retailer reported earnings of $0.06 per share on revenue of $195.48...