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DD / DuPont stock gains after $11 billion deal to sell most of its M&M business to Celanese

Shares of DuPont de Nemours Inc. DD, -2.91% rallied 1.6% in premarket trading Friday, after the chemicals company announced an agreement to sell a majority of its Mobility & Materials (M&M) business for $11 billion in cash to Celanese Corp. CE, -2.03% Celanese's stock was still inactive ahead of the open. As part of the deal, Celanese will acquire a production network of 29 facilities, customer and supplier contracts and agreements, about 5,000 employees across the manufacturing, technical and commercial organizations. Read More

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Posted: Feb 18 2022, 06:10

Author Name: Market Watch

DD News

By Investopedia
November 1, 2023

DuPont Shares Drop Despite Earnings Beat After Lowering Its Guidance as China Demand Slows

DuPont's (DD) third-quarter earnings beat analyst estimates, but the chemical company lowered its revenue guidance on slowing demand from China. The c

By Zacks Investment Research
November 1, 2023

DuPont's (DD) Q3 Earnings Surpass Estimates, Revenues Lag

DuPont's (DD) earnings top estimates in Q3 amid lower volumes.

By Zacks Investment Research
November 1, 2023

DuPont de Nemours (DD) Tops Q3 Earnings Estimates

DuPont de Nemours (DD) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to

By Barrons
November 1, 2023

DuPont Stock Is Slipping. Earnings Beat, but the Future Looks Dim.

Materials and chemicals firm DuPont announced strong third-quarter earnings, but sliced down sales guidance.

By Market Watch
November 1, 2023

DuPont's stock down 1.5% after sales miss and guidance that lags consensus

DuPont de Nemours Inc.'s stock DD fell 1.5% premarket Wednesday, after the chemicals company missed sales estimates for the third quarter and offered

By Schaeffers Research
October 11, 2023

Bullish Bettors Should Consider This Chemical Stock

Subscribers to Schaeffer's Weekend Trader options recommendation service received this DD commentary on Sunday night, along with a detailed options tr

By Zacks Investment Research
October 3, 2023

DuPont (DD) Opens Adhesives Manufacturing Facility in China

The new plant by DuPont (DD) will manufacture adhesives for transportation customers, notably in lightweighting and fast-growing vehicle electrificati

By Zacks Investment Research
September 27, 2023

DuPont (DD) Offers Ion Exchange Resin for Green Hydrogen

AmberLite P2X110 Ion Exchange Resin by DuPont (DD) represents a first step into the Green Hydrogen market.

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