Welcome to our dedicated page for Dupont De Nemours news (Ticker: DD), a resource for investors and traders seeking the latest updates and insights on Dupont De Nemours stock.
DuPont de Nemours, Inc. reports recurring developments across its specialty materials and advanced solutions businesses serving healthcare, water, construction and industrial markets. Company updates include product introductions such as DuPont Water Solutions digital tools for reverse osmosis operations, Corian® Design surface materials, and Liveo™ components for pharmaceutical and biopharmaceutical processing.
DuPont news also covers R&D and digital innovation initiatives, including AI-enabled laboratory workflows and customer-facing analytics, along with operating and financial results, regular common-stock dividends, shareholder voting matters, capital-structure disclosures and governance changes.
DuPont announced participation in the Barclays Industrial Select Conference on February 23, 2023, with Executive Chairman and CEO Ed Breen and CFO Lori Koch engaging in a fireside chat. The session will occur from 8:35 a.m. to 9:05 a.m.. Investors can access a live audio webcast of the presentation on the DuPont Investor Relations webpage, with a replay available afterward. DuPont, a leader in technology-based materials, aims to innovate across various sectors, including electronics and healthcare. For more details, visit www.dupont.com.
Aspen Technology, Inc. (NASDAQ:AZPN) has partnered with DuPont (NYSE:DD) to enhance its industrial data strategy. This collaboration enabled DuPont to migrate over 20 years of historical data to AspenTech’s data historian in under two days, cutting implementation costs by 45%. The partnership included assistance from Tata Consultancy Services, ensuring business continuity during the migration while preserving the integrity of vast data archives. AspenTech's solution now underpins DuPont's IT/OT convergence strategy, crucial for real-time monitoring and analytics, ultimately improving the overall data infrastructure.
DuPont announced a 9% increase in its quarterly dividend to $0.36 per share and reported Q4 2022 net sales of $3.1 billion, a 4% decrease year-over-year. However, organic sales rose 5%. GAAP income from continuing operations fell by 37% to $105 million, with a GAAP EPS of $0.20. Despite challenges in electronics and construction, DuPont achieved a full-year 2022 net sales of $13.0 billion, up 4%, and an adjusted EPS of $3.41, up 12%. The company has also launched a $3.25 billion accelerated share repurchase program while retiring $2.5 billion in long-term debt. Looking ahead, Q1 2023 is expected to see organic sales declines in mid-single digits.
DuPont (NYSE:DD) has been recognized as one of 2023 America's Top Corporations for Women's Business Enterprises by the Women's Business Enterprise National Council (WBENC). This award highlights corporations with exemplary supplier diversity programs that foster growth for women-owned businesses. DuPont's Chief Procurement Officer, Miguel Gonzalez, emphasized the company's commitment to supporting diverse suppliers to enhance innovation and strengthen its supply chain. The WBENC accolade reflects a comprehensive evaluation of DuPont's outreach and engagement initiatives aimed at empowering women-owned businesses.
DuPont (NYSE: DD) has been named one of the 2023 America's Top Corporations for Women's Business Enterprises (WBEs) by the Women's Business Enterprise National Council (WBENC). This recognition acknowledges DuPont's commitment to enhancing opportunities for women-owned suppliers through its supplier diversity program. Miguel Gonzalez, Chief Procurement Officer, emphasized the importance of diverse suppliers for innovation and market growth. WBENC's award highlights the company's ongoing efforts to support women-owned businesses, drive growth, and strengthen supply chains in the communities where they operate.
DuPont (NYSE: DD) is set to announce its fourth quarter and full year 2022 financial results on February 7, 2023, at 6:00 a.m. ET. The company will host a conference call at 8:00 a.m. ET, led by Ed Breen, Executive Chairman and CEO, and Lori Koch, CFO, to discuss financial and operational performance. The call will be accessible via a live webcast on DuPont's Investor Relations webpage, with a replay and supporting materials available afterward. Investors can join the call using the dial-in number 888-440-4172 (U.S.) or +1-646-960-0673.
DuPont reflects on the COP27 climate talks, stressing the urgent need for companies to adopt science-based greenhouse gas (GHG) targets. Despite the lack of substantial commitments from global leaders, DuPont emphasizes the necessity of reducing GHG emissions by 50% by 2030 to combat climate change effectively. The UNEP Emissions Gap Report highlights that global emissions continue to rise. DuPont calls on companies to engage with the Science Based Targets initiative (SBTi) to set actionable GHG reduction goals, fostering collaboration to address climate challenges.
DuPont aims to provide safe, clean water access globally, addressing critical water supply challenges.
Projects like the one at Fredericia brewery illustrate optimism in achieving water security through existing technologies.
By adopting innovative approaches and technologies, DuPont believes it's possible to overcome water scarcity issues and promote a water-optimized world.
For insights into DuPont DesaliTec™ CCRO technology, which offers high recovery rates with minimal operator input, visit their website.
DuPont will take part in a fireside chat at the Credit Suisse Global Industrials Conference on December 1, 2022, from 8:45 a.m. to 9:20 a.m. Executive Chairman Ed Breen and CFO Lori Koch will represent the company. The live audio webcast of the event can be accessed on the DuPont Investor Relations webpage. A replay will be available for 90 days after the presentation.
Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) has appointed Gregory R. Friedman as an independent director, effective immediately. Mr. Friedman, with over 30 years of experience, will also serve on the Audit Committee and the Compensation and Human Resources Committee. He brings significant expertise from his role as CFO at Mura Technology and previously at Corteva Agriscience (NYSE: CTVA) and DuPont (NYSE: DD). This appointment enhances Schnitzer's board, now composed of nine members, and supports the company's strategic initiatives to meet growing demand for recycled products in a low-carbon economy.