DuPont de Nemours In (DD)

[Hunter120]

Nice end of day close

[PStockPickz]

https://news.bloombergenvironment.com/environment-and-energy/dupont-owes-50-million-in-latest-pfas-cancer-cases-jury-finds

[02opida]

DuPont to Acquire Ultrafiltration Membrane Business from BASF

[02opida]

Higher she will go 1st Q

[02opida]

66/67

[02opida]

CTVA ~ first spin off

[Tower of Hanoi]

So what was the actual % price movement today, taking the rev. split into account?

THX...

[jziggyp]

Thanks

[DewDiligence]

Yes, CTVA will pay a dividend. Not sure yet what it will be.

[DewDiligence]

CTVA—(Corteva)—now has its own iHub board: #board-36928.

[DewDiligence]

DuPont (DD) PR on new name and spin-off of CTVA:

https://finance.yahoo.com/news/dupont-becomes-independent-company-uniquely-100000315.html

[jziggyp]

Is ctva going to or mentioned paying a dividend?

[Tower of Hanoi]

Interesting, TD does not provide for that, nor did it provide it when DOW-WI was trading.....

[DewDiligence]

Corteva is now trading on "when issued" basis as CTVA-WI.

[DewDiligence]

FMC better value than CTVA, says Barron’s: #msg-149031649.

[ResearchDD]

May 23. 4:15 pm. Breaking news. June 1st. Reverse Stock split!!!

[ResearchDD]

CNBC Pete Najarian. At 1pm on CNBC. Says this is a buy. Huge call options going out to the end of June We bought 1:05 pm. @ 30.74

[Tower of Hanoi]

Doing some house-cleaning.

I owned DWDP for a couple of days-sold yesterday because, I HATE REVERSE SPLITS. I have never been involved nor observed one that worked out positively.

At the end of the day, I'd rather be wrong for what I believe are the right reasons. WTF would DWDP ruin a interesting deal by even mentioning a reverse split we will never know, you KNOW the so-called "vote" will be in favor of it.

So that's it. Best of luck, and if my trepidations were unfounded, I may buy after the deal.

MY OPINION ONLY!!!!! I CANT STRESS THAT ENOUGH!!!

[DewDiligence]

Any specific feelings on a reverse split?

That doesn’t concern me one way or the other.

[Tower of Hanoi]

Any specific feelings on a reverse split?

Has/will the vote on it be in place by the time of the spin-off? That was my initial understanding. As far as the lawsuits go, they go hand in hand with investing in chemicals.

All the best-


MY OPINION ONLY!

[TFMG]

.kfmv

[DewDiligence]

I'd welcome any DD on this topic [Corteva].

Please see #msg-148789220 and #msg-148804678.

[Tower of Hanoi]

I bought this earlier today-I like the idea of the Corteva spin-off, and although the idea of a reverse split is not great, I not sure it necessarily portends bad things. I'd welcome any DD on this topic.

Hey, not going to get hurt with 150 shares.........



MY OPINION ONLY!

[TFMG]

GOING FROM BAD TO WORSE FOR DOWDUPOINT, BEARISH

Trade war speculation is not what DWDP needed, at quite a critical level for the stock. The chart looks terrible and signals a strong sell to us, all indicators are negative, with $33 as a crucial level at quiet weak support. Break below that level and investors will throw in the towel.

[DewDiligence]

What you buy back tomorrow will not include the DOW spin-off, so it's apples vs oranges. If you hold until tomorrow (or later), the price of your DWDP shares will go down, but you will receive 1 share of DOW for each 3 shares of DWDP you own.

[GuguWei]

Should we sell our current DWDP now and buy back tomorrow ?

[DewDiligence]

Yes, DWDP will trade down tomorrow; you can get a read on the post-spin share price by tracking the DWDP-WI ("when issued") symbol:

https://finance.yahoo.com/quote/DWDP-WI?p=DWDP-WI&.tsrc=fin-srch

[GuguWei]

What happened with DWDP shares price after spin off tomorrow ? Will it go down ?

[tw0122]

W.Va. House approves controversial water quality rules bill
By ERIN BECK CNHI News West Virginia Mar 6, 2019

W.Va. Capitol Dome

CHARLESTON — The West Virginia House of Delegates on Tuesday passed a rules bill that includes a provision opposed by advocates for clean water.

The West Virginia Legislature approves rules proposed by the state Department of Environmental Protection (DEP). Last year, the West Virginia DEP released a proposal to update about 60 water quality standards, based on recommendations the federal Environmental Protection Agency made in 2015.

The standards specify concentrations of pollutants known to have human health effects, including cancer-causing chemicals, allowed in rivers and streams. For the majority of the standards, less pollution would have been allowed in West Virginia waterways.

But in November, the West Virginia Manufacturers Association asked the joint rule-making review committee not to implement the standards.

They argue that the EPA encourages states to incorporate state-specific science, and that because West Virginians are heavier, their bodies can handle more pollutants, and that because they drink less water, they are less exposed to the pollutants. They have commissioned a worker to gather that state-specific information.

The joint rule-making review committee agreed to the Manufacturers Association’s request. Another legislative committee put the stricter standards back in, but last month, the Senate Judiciary Committee voted to give the Manufacturers Association until October 2019 to gather more state-specific information to present to the DEP, in hopes of altering the proposal and considering the bill during the 2021 legislative session.

The economic impact of implementing the standards is unclear. Advocates for clean water have said Dow Chemical has threatened to leave the state. Dow has not returned reporter calls, but was apparently ready to testify and wasn’t called on during a committee meeting, according to the Charleston Gazette-Mail.

In response to an email seeking more information on the economic impact, Rebecca McPhail, president of the West Virginia Manufacturers Association, said, “Of course when you talk about regulations that require significant capital investment in order to comply — without demonstrated health/environmental benefit — companies will carefully consider future operations relative to production in other states which take an equally protective but balanced approach.”

Meanwhile, Michael McCawley, an environmental health professor at West Virginia University School of Public Health, as well as a professor at WVU’s Cancer Institute, has said that any amount of a carcinogen can be cancer-causing, and that heavier bodies may already have other problems, like inflammation, that increase risk for cancer.

During debate Tuesday morning, Del. Mike Pushkin, D-Kanawha, noted he represents the Chemical Valley, but jobs began to decline long ago, before the Obama administration set out to strengthen environmental protections.


“I think what we’re going to be left with is a high cancer rate and a high unemployment rate,” he said.

Dels. John Shott, R-Mercer, and Geoff Foster, R-Putnam, stood in support of the bill, noting that the water quality provision was part of an overall rules bundle with numerous other provisions.

The West Virginia Rivers Coalition and West Virginia Environmental Council have accused lawmakers of catering to industry.

Del. Evan Hansen, D-Monongalia, who had attempted to amend strengthened water quality protections into the bill Monday, has said that DEP would give companies years to comply with the new standards.

The bill had already passed the state Senate. It passed the House of Delegates, 78-22.

Tags
West Virginia Dep Senat

[tw0122]

Dow Chemical supports poisoning West Virginia water with cancerous results for the population states Emily Calandrelli
@TheSpaceGal
Oh my god. West Virginia lawmakers have sided with
@DowChemical
and agreed NOT to implement stricter water standards recommended by the Department of Environmental Protection. Why? LOOK AT THIS REASONING.

(link: https://www.bdtonline.com/news/w-va-house-approves-controversial-water-quality-rules-bill/article_f93877d2-3fbd-11e9-b0a9-4bdc832c8a85.html) bdtonline.com/news/w-va-hous…

[T695]

Buy order For $43

[DewDiligence]

If you buy DWDP, you will get 1 share of new DOW for every 3 shares of DWDP you own when DOW is spun off on 4/1/19. (The new DOW starts trading on 4/2/19.)

On the other hand, if you buy DWDP-WI (“when issued”), you will not receive shares of DOW in the spin-off.

Currently, DWDP is trading at about $52, while DWDP-WI is trading at about $36. The difference between these two prices is how much value investors are ascribing to the DOW spin-off.

This PR explains things in more detail:
https://finance.yahoo.com/news/dowdupont-board-directors-approves-separation-113000145.html

[Tower of Hanoi]

If I buy DWDP tomorrow March 27, 2019 what will happen over the next few months?

I've read the company docs and don't quite understand them. Thanks in advance for the help.

My interest stems from my grandparents, who owned DOW back in the 60's!

[DewDiligence]

We'll know when the shares begin selling on a when issued basis.

[02opida]

wonder what the symbol will be for Corteva spin-off remains set for 6/1/19:

[Danl]

https://www.prweb.com/releases/dupont_sustainable_solutions_to_become_independent_consulting_firm/prweb16109904.htm

[Danl]

DuPont spinning off DSS in July..

[Eagle1]

Thanks Dani!

[DewDiligence]

DWDP 4Q18 results—Corteva spin-off remains set for 6/1/19:

https://www.businesswire.com/news/home/20190131005382/en

[DewDiligence]

Did anybody else here listen to the recent Investor Day webcast?

[DewDiligence]

A concern wrt the Corteva spin-off:

If this idea works in commercial varieties of CORN, the biz models of the major ag-biotech companies (Bayer-Monsanto, ChemChina-Syngenta, and $DWDP's Corteva spin) may become untenable.

— Roy Friedman (@DewDiligence) December 14, 2018

(scan up)

[mkendra]

I’m thinking with all the products that can be made from hemp, there’s got to be a nice little nitch in there somewhere.

No ?

[DewDiligence]

Corteva—the ag-biotech company to be spun from DWDP on 6/1/19—held an Investor Day webcast on 11/8/18.

Please see the thread starting at #msg-145364875 for discussion.

[DewDiligence]

Yes, I think that is crazy.

[mkendra]

I'm thinking this could be a play in the upcoming HEMP industry.

Am I crazy ?

[Danl]

Seems Breen wants own before split...

DowDuPont CEO Edward Breen Buys $1,999,903.80 in $DWDP

[Danl]

Thinking it best to own, before breakup..

Anyone else?

[02opida]

proxy just came

[02opida]

good Q ~ Just pondering

[02opida]

news will come

DWDP