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Update: DuPont Expected To Cut 1,700 Jobs In Delaware
Tuesday, December 29, 2015 - 1:33pm | 320Read More...Shares of E I Du Pont De Nemours And Co (NYSE: DD) were trading higher by nearly 2 percent early Tuesday afternoon after reports surfaced of mass job cuts in Delaware. According to Delaware Online, DuPont will eliminate about 1,700 jobs in Delaware in early 2016. The company's CEO Ed Breen...
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Why A DuPont Breakup Is Now 'Likely'
Tuesday, November 10, 2015 - 6:06pm | 453Read More...E I Du Pont De Nemours And Co (NYSE: DD) has named interim CEO Ed Breen as permanent chairman and CEO. Deutsche Bank believes that Mr. Breen will likely pursue a breakup of the company. A potential breakup would likely unlock value for shareholders and make DuPont’s seed business a...
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Why DuPont Will Ride The Agriculture Consolidation Wave
Wednesday, October 28, 2015 - 2:00pm | 400Read More...Deutsche Bank remains bullish on E I Du Pont De Nemours And Co (NYSE: DD) following Q3 earnings. The firm believes a new CEO and a wave of consolidation in the agriculture business will be positive catalysts for DuPont. Deutsche Bank’s SOTP analysis yields a $70 price target. In a new...
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UPDATE: Citigroup Reiterates Neutral Rating, Raises PT on Tyco International
Wednesday, August 1, 2012 - 11:50am | 163Read More...In a report published Wednesday, Citigroup reiterated its Neutral rating on Tyco International Ltd. (NYSE: TYC), and raised its price target from $58.00 to $61.00. Citigroup noted, “CEO Ed Breen and team have kept Tyco securely on-track for the September break-up without losing any operating...
