DuPont de Nemours Inc
Insiders Invest In Body Bag Company Stock as COVID-19 Casualties Rise
Urea Prices: The Continuing Decline Last Week
Granular urea prices in the Middle East declined 5% to $200 per metric ton in the week ended July 1. It was $210 per metric ton in the previous week.
Overview: Monsanto’s Merger with Bayer in 2016
If Monsanto and Bayer merge, they’ll become the largest global pesticide and seed company. Monsanto’s business is the best fit for Bayer’s Crop Science segment.
A Quick Peek into the 4Q16 Starts of DOW, DD, and MON
Dow Chemical (DOW) and DuPont (DD) started 4Q16 on a positive note, with their stocks rising 1.1% and 1.3%, respectively, compared to their closes on September 30, 2016.
Why Did Dow’s Consumer Solutions Segment’s Revenue Rise in 2Q16?
The Consumer Solutions segment is Dow Chemical’s lowest revenue generator. In 2Q16, the segment reported revenue of $1.3 billion.
Non-farm payrolls, average hourly earnings rise
US non-farm payrolls rose by 295,000 in February 2015 from a downwardly revised January number of 239,000 compared to 257,000 reported earlier.
Why Did LyondellBasell’s 3Q16 Earnings Miss Estimates?
LyondellBasell (LYB) reported adjusted EPS (earnings per share) of $2.31 in 3Q16 compared to $2.80 in 3Q15, implying a fall of 17.5%.
Does Praxair Have Higher Leverage than Its Peers?
Praxair is highly leveraged in comparison to its closest peers, Airgas (ARG) and Air Products and Chemicals (APD).
Key Issues for Specialty Chemicals in the Next Five Years
When the specialty chemicals industry entered a mature phase in the mid-1990s, innovation came to be characterized by small steps rather than by big leaps.
Axalta’s 4Q16 Adjusted EPS Manages to Meet Expectations
Axalta Coating Systems (AXTA) reported adjusted EPS (earnings per share) of $0.29 for 4Q16 and managed to meet analysts’ expectation of $0.29.
Dow Chemical and Sadara Announce Start-Up of Mixed Feed Cracker
On August 29, 2016, Sadara Chemical (SADARA), a joint venture of Dow Chemical (DOW), and Saudi Aramco announced the start-up of its mixed feed cracker.
Analyzing DuPont’s Stock Performance in 2017
With DuPont stock continuing to rise, it’s trading 8.1% above its 100-day moving average of $72.10. The movement indicates the stock’s upward trend.
PotashCorp’s Price Target before It Reports Its 2Q16 Earnings
Since the beginning of 2016, analysts have revised their next-12-month price target for PotashCorp downward. The consensus price target now stands at $15.70.
Why LYB’s Olefins and Polyolefins – EAI Revenue Fell in 2Q16
In 2Q16, LyondellBasell’s (LYB) Olefins & Polyolefins – Europe, Asia, and International (or EAI) segment reported revenue of $2.7 billion.
What Are Analysts’ Recommendations for DuPont?
Analysts’ consensus indicates a 12-month target price for DuPont at $78.10—a return potential of 5.5% from its closing price of $74.03 on January 11.
How Cotton Prices Moved in Week Ending June 30
The overall prices for cotton moved higher for the week ended June 30 compared to levels during the previous week.
LyondellBasell Announces New Share Repurchase Program
On May 24, 2017, LyondellBasell’s (LYB) board authorized a new share repurchase program. It can repurchase up to 10% of its outstanding shares over the next 18 months.
PPG Industries Will Acquire The Crown Group
On July 20, 2017, PPG Industries (PPG) announced that it has entered into a definitive agreement to acquire The Crown Group.
Monsanto Reports Fiscal 3Q16 Earnings: It’s a Negative Surprise
In this series, we’ll look at Monsanto’s 3Q16 earnings results and analyze what factors influenced them the most. We’ll also look at management’s guidance for the rest of the year.
Will Monsanto’s Soybean Seed and Traits Drive Its Profit?
Monsanto’s (MON) Soybean Seed and Traits segment is the second-largest subsegment under the Seeds and Genomics segment.
Leveraged Loans Issuance Reaches Its Highest 2015 Level
The US leveraged loans market saw an allocation of ~$19.0 billion worth of senior loans across 22 transactions in the week to May 8.
Monsanto Is Dropped from TPG-Axon’s Portfolio
Monsanto’s net sales for fiscal 2Q15 fell 11% on a year-over-year basis to $5.19 billion.
Valuation Multiples for Agricultural Chemicals after Brexit
In this part of the series, we’ll look at agricultural fertilizer producers’ valuations from their historical standpoints. Over the long run, valuation multiples impact a company’s share price.
Who Are the Biggest Players in the Fertilizer Industry?
There’s a handful of big players in the agricultural fertilizer industry. Setting up business requires huge capital, which makes for a high barrier to entry.
What Hurdles Could Monsanto-Bayer Deal Face?
A few days ago, Monsanto (MON) agreed to Bayer’s takeover offer of $128 per share for a total deal value of $66 billion.
Analyzing How IFF Stock Performed since Its 3Q16 Earnings
International Flavors and Fragrances’ (IFF) stock performance after 3Q16 hasn’t been strong. It underperformed the broader markets (SPY).
Trian initiates a proxy fight with DuPont
Last month, Trian launched a proxy fight with DuPont and nominated four directors to DuPont’s board after DuPont defended its existing structure.
A Look at Dow’s Agricultural Sciences Segment’s Growth Drivers
Dow’s Agricultural Sciences segment contributed to 13% of its revenue and 10% its EBITDA in 2014.
Why investing in seed is different than investing in fertilizer (Part 2)
Continued from Part 1 Monsanto and DuPont Two industry giants dominate the seed industry, Monsanto Co. (MON) and DuPont (DD), which together held ~62% of the industry’s revenue in 2012. Why are these two companies dominant players in the industry? Let’s explore. Patent protection One big differentiator between seed and fertilizer stocks is patentability. Companies […]
Air Products and Chemicals Signs New Agreement with SMIC
For the week ended June 30, 2017, APD fell 0.6% and closed at $143.06.
Why DOW’s Performance Plastics Segment Revenue Rose in 2Q17
Dow Chemical’s (COW) Performance Plastics segment is the company’s largest revenue generator.
Why Is Praxair Trading at a Discount Compared to Peers?
On December 9, Praxair was trading at a one-year forward PE ratio of 21.0x, as compared to Air Products and Chemicals’ one-year forward PE ratio of 22.9x.
What Led to the Improvement in DuPont’s Leverage Ratios?
DuPont has improved its leverage, despite spending a whopping $9.0 billion and $4.3 billion on capital expenditure and buyback programs from 2010–2014.
Air Products and Chemicals Has Something New for Glass Manufacturers
On July 12, 2017, Air Products and Chemicals (APD) launched a new oxy-fuel burner. The product is primarily targeted at glass manufacturers.
Wall Street’s Views on DuPont, Pre-2Q17 Earnings Release
Wall Street’s views on DuPont As of July 18, 2017, 18 analysts were tracking DuPont (DD) stock. Among them, 50% recommended “buy,” and 50% recommended “hold.” There were no “sell” recommendations. The analysts’ 12-month target price is $90, which implies a potential return of 6.3% based on the closing price of $84.63 on July 18, 2017. […]
Will Dow Chemical Prove Analysts Wrong in 3Q16?
Analysts are expecting Dow Chemical (DOW) to post revenue of $11.9 billion in 3Q16, which is a fall of 0.8% on a year-over-year basis.
How Has Dow Chemical Stock Performed after 2Q16 Earnings?
Dow Chemical (DOW) is set to report its 3Q16 earnings in a conference call with securities analysts on Thursday, October 27, 2016, before the markets open.
Liftoff Should Help Lift Your Returns from the Financial Sector
The financial sector in the US is one of the first and foremost to benefit from the Fed’s rate hike.
Why Dow Chemical’s Valuation Is Lower Than Its Peers
As of October 18, 2016, Dow Chemical (DOW) was trading at a one-year forward PE multiple of 13.70x. DuPont (DD) was trading at 19.20x.
Praxair Approaches Linde AG for Merger Talks—Again
On August 16, 2016, both companies were engaged in preliminary merger talks, but on September 12, merger plans were dropped due to strategic considerations.
A Quick Look at DuPont’s Valuation ahead of Its 4Q16 Earnings
On January 18, 2017, DuPont was trading at a one-year forward PE of 19.80x compared to its peers Dow Chemical (DOW) and LyondellBasell (LYB).
Why Analysts Expect Dow Chemicals’s Operating EPS to Fall in 4Q16
At the end of 3Q16, DOW had purchased 7.8 million shares amounting to $416 million under its $9.5 billion share repurchase program.
Will LyondellBasell’s Stock Continue to Recover in 4Q16?
LyondellBasell (LYB), one of the top producers of polymers, is set to report its 3Q16 earnings before the market opens on November 1, 2016.
SPY rallies in the afternoon and closes higher at 2,021
The SPDR S&P 500 ETF (SPY) mirrors the price movement of the S&P 500, so it also gained ~0.93% and closed at 202.01 levels
The PowerShares DB US Dollar Index Bullish ETF (UUP) gains
The PowerShares DB US Dollar Index Bullish ETF (UUP) consists of long US dollar index or USDX futures contracts.
Praxair Stock Continues to Surge beyond November
Praxair (PX) stock had a decent performance in November, closing at $120.3, which reflects a gain of ~3.7% in one month.
Tesla the Most Profitable Short Bet, Bears Rejoice
Tesla bears had made a whopping $2.75 billion in mark-to-market gains this year as of August 9, making it the most profitable US short bet year-to-date.
Is an ‘Earnings Recession’ on the Horizon?
Is the market rally justified? Corporate earnings are at the lowest level this year. We might be heading into an “earnings recession.”
Axalta’s Managment Changes in Global Refinishing
AXTA stock was trading 6.6% below its 100-day moving average of $30.98, but analysts expect a target price of $32.53, implying a return potential of 12.5%.
PPG Industries Increased Its Quarterly Dividend after 5 Quarters
PPG Industries (PPG) is all set to pay its 3Q17 dividend on September 12, 2017. It has announced a dividend of $0.45 per share.
Performance of Deere’s Construction & Forestry Segment in 3Q17
In fiscal 3Q17, Deere’s (DE) Construction & Forestry segment reported revenue of $1.5 billion, a 29.0% rise on a year-over-year basis.
Dow Chemical Commissioned All 26 Plants at Sadara
On August 14, the joint venture company of Dow Chemical (DOW) and Saudi Aramco, Sadara made the announcement that all 26 plants have been commissioned.
Can Deere Beat the Analysts’ Earnings Estimate Again in Fiscal 3Q17?
Analysts are expecting Deere (DE) to post EPS earnings per share of $1.91 for fiscal 3Q17, which would be an increase of 23.2% on a YoY basis.
Behind the Revenue Decline of Albemarle’s Bromine Specialties Segment
Albemarle’s (ALB) Bromine Specialties segment is the company’s second-largest revenue contributor, accounting for 27.7% of ALB’s total revenues in 2Q17 compared to 30.9% in 2Q16.
Dow Chemical and DuPont Will Close the Merger Deal on August 31
All of the merger conditions have been satisfied. Dow Chemical and DuPont stock will stop trading after the close on August 31, 2017.
Chemours: Analysts’ Recommendations after Its 2Q17 Earnings
For Chemours (CC), 88% of the analysts recommended a “buy,” 12% recommended a “sell,” and none of the analysts recommended a “hold.”
Analyzing APD’s Industrial Gases-Americas Segment in 3Q17
Air Products & Chemicals’ (APD) Industrial Gases-Americas segment was the largest revenue contributor to the company’s overall revenue.
Air Products & Chemicals’ Stock Price Rose
Air Products & Chemicals (APD) announced its fiscal 3Q17 earnings on August 1, 2017. Its adjusted EPS from continuing operations was $1.65.
Analyst Ratings for International Flavors & Fragrances before Q2
Of the 16 analysts tracking International Flavors & Fragrances (IFF), 31.0% of them have recommended a “buy” for the stock
How Did DOW’s Infrastructure Solutions Segment Perform in 2Q17?
Dow Chemical’s (DOW) Infrastructure Solutions segment is the second largest revenue generator for DOW.
DuPont’s Industrial Biosciences Segment’s Revenue Rose in 2Q17
DuPont’s (DD) Industrial Biosciences segment accounted for 5.30% of DuPont’s overall revenue in 2Q17—compared to 5.0% in 2Q16.
How Dow Chemical’s Consumer Solutions Segment Performed in 2Q17
Dow Chemical’s (DOW) Consumer Solutions segment is the fourth largest segment in terms of revenue.
What Boosted DOW’s Agricultural Sciences Segment’s 2Q17 Revenues?
Dow Chemical’s (DOW) Agricultural Sciences segment accounted for 11.8% of DOW’s total revenue as compared to 13.2% in 2Q16.
LyondellBasell Stock Rose, Earnings Beat Estimates
LyondellBasell (LYB) announced its 2Q17 earnings on July 28, 2017. It reported EPS of $2.82—an increase of ~10.20% on a YoY (year-over-year) basis.
Why Dow Chemical Saw Robust Revenue Growth in 2Q17
Dow Chemical (DOW) reported revenue of $13.8 billion in 2Q17, an increase of 15.7% on a year-over-year basis.
How Did DuPont’s Protection Solutions Segment Perform in 2Q17?
DuPont’s (DD) Protection Solutions segment accounted for 10.80% of DuPont’s overall revenue in 2Q17—compared to 11.10% in 2Q16.
Analyzing DuPont’s Nutrition and Health Segment in 2Q17
DuPont’s (DD) Nutrition and Health segment is the company’s third-largest revenue generator. The segment accounted for 11.0% of DuPont’s revenue in 2Q17.
DuPont’s Performance Materials Segment’s Revenue Rose in 2Q17
In 2Q17, DuPont’s Performance Materials segment reported revenue of $1.38 billion—a increase of 3.40% on a YoY (year-over-year) basis.
What Drove DuPont’s Agriculture Segment in 2Q17?
DuPont’s (DD) Agriculture segment accounted for 46.40% of the company’s revenue in 2Q17—compared to 45.60% in 2Q16.
DuPont’s Revenue Rose in 2Q17 Due to Higher Volumes
DuPont (DD) reported revenue of $7.42 billion in 2Q17—an increase of 5.10% on a year-over-year basis. In 2Q16, DuPont reported revenue of $7.06 billion.
How Analysts View APD’s Fiscal 3Q17 Adjusted Earnings
On March 31, 2017, APD was left with $485.3 million from its share repurchase program.
Air Products and Chemicals Stock before Its Fiscal 3Q17 Earnings
Air Products and Chemicals (APD) plans to announce its fiscal 3Q17 earnings on August 1. In this series, we’ll analyze APD’s performance since its fiscal 2Q17 earnings release.
DOW on the Street: Analyst Recommendations ahead of the 2Q17 Earnings
Among the 20 analysts tracking DOW, 80% recommended a “buy” for the stock, while 20% recommended a “hold.”
Can Dow Chemical Beat Analysts’ Operating EPS Estimates for 2Q17?
Analysts expect Dow Chemical (DOW) to post operating EPS of $1.00 in 2Q17—a rise of 5.3% on a YoY basis.
Understanding DOW’s High 2Q17 Revenue Hopes
As of July 21, 2017, analysts are expecting Dow Chemical (DOW) to post revenues of ~$13.6 billion for 2Q17, which would represent a 14.0% rise on a YoY basis.
Why PPG’s Industrial Coatings Segment’s Revenue Rose in 2Q17
PPG Industries’ (PPG) Industrial Coatings segment is its lowest revenue contributor. The segment represented 39.5% of PPG’s total revenue in 2Q17.
What Led to PPG’s Performance Coatings Segment’s Revenue Fall?
PPG Industries’ Performance Coatings segment is its largest revenue contributor. The segment’s contribution to PPG’s overall revenue fell from 61.8% in 2Q16 to 60.5% in 2Q17.
PPG Industries Stock Plummets on Its Revenue Miss
PPG Industries announced its 2Q17 earnings results before the market opened on July 20, 2017. The company reported 2Q17 revenue of $3.8 billion.
What Can We Expect for DuPont’s Earnings per Share in 2Q17?
DuPont’s earnings per share estimates for 2Q17 As of July 19, 2017, analysts expected DuPont (DDD) to post operating EPS (earnings per share) of $1.29, an increase of 4.0% YoY (year-over-year). In 2Q16, DuPont reported operating EPS of $1.24. The forecast increase in DuPont’s operating EPS is expected to be driven by improved SG&A (selling, general, […]
Why Analysts Expect a Turnaround for DuPont in 2Q17
DuPont (DD) is set to announce its 2Q17 earnings on July 25, before the market opens. In this series, we’ll look at DuPont’s expected revenue and analysts’ views on the stock.
What Praxair Has on Deck in South Korea
On July 12, 2017, Praxair (PX) announced that it will begin a new air separation plant for a Samsung display manufacturing facility in Tangjeong, South Korea.
Who’s LyondellBasell Cooking up a License Deal with Now?
On July 12, 2017, LyondellBasell (LYB) granted its Spherizone and Lupotech T Licenses to Shaanxi Coal Yulin Energy and Chemical.
Where Eastman Chemical Plans Its Next Price Hike
On July 14, 2017, Eastman Chemical (EMN) announced the price hike for its acetic anhydride products.
Dow Chemical Is about to Sell Something Big in Brazil
In another move to ensure the merger between Dow Chemical and DuPont, DOW announced the sale of its corn hybrid seed business in Brazil to CITIC Agri Fund.
Axalta’s Big Deal with Volkswagen Group Italia
On July 10, 2017, Axalta (AXTA) and Volkswagen Group Italia signed a new three-year contract involving Axalta’s three premium refinish brands.
What to Expect from Sherwin-Williams’ 2Q17 Revenue
Sherwin-Williams (SHW) could post record 2Q17 revenue. As of July 12, 2017, analysts expect Sherwin-Williams to post revenue of $3.69 billion.
Wall Street’s View on PPG Industries ahead of 2Q17 Earnings
Of the 21 analysts tracking PPG Industries (PPG), about 67.0% of them have recommended a “buy” for the stock, and 33.0% have recommended a “hold.”
Can PPG Industries’ 2Q17 Adjusted EPS Beat Estimates?
Analysts are expecting PPG Industries (PPG) to post adjusted EPS of $1.84 in 2Q17, which implies a fall of 0.50% YoY.
Will RPM International Beat Revenue Expectations?
As of July 10, 2017, analysts expect RPM International to post revenues of $1.5 billion—an increase of 5.10% compared to the same quarter last year.
Axalta’s Bright Red Paint for China’s New Bullet Train
Axalta Coating Systems (AXTA) has added one more feather to its cap. Its bright red Imron paint now graces China’s Fuxing model high-speed train.
Why Eastman Chemical Is Trading at a Premium to Its Peers
In this article, we’ll analyze Eastman Chemicals’s latest valuations compared to those of its peers.
Can Praxair Manage Its Interest Expense?
Praxair’s (PX) interest expense has been on an upward trend since 2012 when its debt grew.
Where Does Praxair Stock Stand at the End of 1H17?
At the end of the first half of 2017, we see that Praxair (PX) has risen 13.2%, outperforming the SPDR S&P 500 ETF (SPY), which has risen 8.6%.
Praxair Debt: Is It Stressed Out or Manageable?
At the end of 1Q17, Praxair’s (PX) debt was ~$9.4 billion. Its history over the past five years suggests that its debt has been on the rise.
W.R. Grace Enters New Agreement with Valliscor
On June 26, 2017, W.R. Grace (GRA) announced that it entered a master service agreement with Valliscor to supply fluorinated intermediates.
Axalta-Huajia to Supply Alesta Powder Coatings to Thermos
On June 26, 2017, Axalta-Huajia announced it will supply Alesta powder coatings to Thermos, a well-known manufacturer of insulated food beverage containers.
An Update on Monsanto’s Merger with Bayer
Monsanto’s (MON) merger with Bayer AG is expected to be completed by 2H18. However, the merger depends on regulators’ approval.
Why PPG Industries’ Interest Expense Is in a Declining Trend
In 2015, PPG’s interest expense dropped significantly. At the end of 2014, PPG refinanced $1.7 billion worth of notes that carried coupon rates of 9% and 7.7%, which reduced the interest expense.
Monsanto’s Corn Seed and Traits Will Drive Its Profit
The Corn Seed and Traits segment is one of the strongest segments for Monsanto (MON). More than one-third of Monsanto’s sales come from the segment.
Is LyondellBasell Managing Its Interest Expenses Efficiently?
LyondellBasell’s (LYB) interest expense has been steady in the range of $309 million–$352 million since 2013, although debt has risen during the same period.