NEW YORK, July 21, 2015 /PRNewswire/ --
ACI Association has initiated research coverage on E I Du Pont
De Nemours and Co. (NYSE: DD). Select highlights from the
internally released reports are being made available to the general
public (included below), with access to the entirety of the
research available to new members.
Today, membership is open to readers on a complementary basis at
the following URL: http://www.aciassociation.com/?c=DD
Highlights from our DD Report include:
- DuPont spins off Performance Chemicals segment -
On July 1, 2015, E I Du Pont De
Nemours and Co., commonly referred to as DuPont, reported that it
has successfully completed the spin-off of The Chemours Company
(Chemours). With the separation of the Performance Chemicals
segment from DuPont, its common stockholders received one share of
common stock of Chemours for every five shares of DuPont common
stock they held on June 23, 2015.
DuPont common stockholders will receive cash in lieu of fractional
shares of Chemours. Chemours now trades on the New York Stock
Exchange under the symbol "CC."
- Management View - "Today's successful spin-off advances
DuPont's transformation to a higher growth, higher value, global
science and innovation company," said DuPont Chair and Chief
Executive Officer Ellen Kullman. "We
are now fully focused on markets where our science gives the
company a distinct competitive advantage, enabling DuPont to drive
higher, more stable growth. He added, "The next generation DuPont
is leaner and more efficient, better able to capitalize on key
capabilities that help solve major global challenges and enable our
customers to provide plentiful, healthier food; renewably sourced
advanced materials; ample energy; better infrastructure and
transportation."
- Chemours, a Global provider of performance
chemicals - Chemours, which operated as a wholly-owned
subsidiary of DuPont until the separation, was created as a part of
DuPont's initiative to separate certain of the assets and
liabilities of DuPont's Performance Chemicals segment, which
includes its titanium technologies, fluoroproducts and chemicals
businesses, from the rest of its businesses. The executive team of
Chemours includes - Mark Vergnano as
President and CEO; Mark E. Newman as
Senior Vice President and CFO; E. Bryan
Snell as President of Titanium Technologies; Thierry Vanlancker as President of
Fluoroproducts; Chris Siemer as
President of Chemical Solutions; Beth
Albright as Senior VP of Human Resources; Erich Parker as VP of Corporate Communications
and Chief Brand Officer; and
Dave Shelton as General Council
& Corporate Secretary.
- Chemours' growth Strategy: On the launch
of Chemours as an independent, publicly traded corporation,
Mark Vergnano, said, "We bring to
the market a rich heritage based on our DuPont legacy and built on
industry leadership and innovation adding the energy and agility of
a customer-centered, global business fresh out of the starting
gate. Together, we're going to build on our strengths, while
becoming more streamlined and responsive."
To find out how this influences our rating on E I Du Pont De
Nemours and Co., read the full report in its entirely here:
http://www.aciassociation.com/?c=DD
About ACI Association:
Active Charter Investors Association ("ACI Association")
produces regular sponsored and non-sponsored reports, articles,
stock market blogs, and popular investment newsletters covering
equities listed on NYSE and NASDAQ and micro-cap stocks. ACI
Association has two distinct and independent departments. One
department produces non-sponsored analyst certified content
generally in the form of press releases, articles and reports
covering equities listed on NYSE and NASDAQ and the other produces
sponsored content (in most cases not reviewed by a registered
analyst), which typically consists of compensated investment
newsletters, articles and reports covering listed stocks and
micro-caps. Such sponsored content is outside the scope of
procedures detailed below.
ACI Association has not been compensated; directly or
indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by
a writer (the "Author") and is fact checked and reviewed by a third
party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "CFA®"),
provides necessary guidance in preparing the document templates.
The Reviewer has reviewed and revised the content, as necessary,
based on sound investment judgment and publicly available
information which is believed to be reliable. The Reviewer and the
CFA® have not performed any independent investigations or forensic
audits to validate the information herein. Unless otherwise noted,
any content outside of this document has no association with the
Author, the Reviewer, or the CFA® (collectively referred to as the
"Production Team") in any way. The Production Team is compensated
on a fixed monthly basis and do not hold any positions of interest
in any of the securities mentioned herein.
NO WARRANTY
ACI Association, the Author, the Reviewer and the CFA®
(collectively referred to as the "Publishers") are not responsible
for any error which may be occasioned at the time of printing of
this document or any error, mistake or shortcoming. No liability is
accepted by the Publishers whatsoever for any direct, indirect or
consequential loss arising from the use of this document. The
Publishers expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from
any reliance placed on the information in this document.
Additionally, the Publishers do not (1) guarantee the accuracy,
timeliness, completeness or correct sequencing of the information,
or (2) warrant any results from use of the information. The
included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or
a solicitation of an offer to buy or sell the securities mentioned
or discussed, and is to be used for informational purposes only.
Please read all associated disclosures and disclaimers in full
before investing. Neither ACI Association nor any party affiliated
with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our
report(s), read our disclosures, or for more information, visit
http://www.aciassociation.com/.
RESTRICTIONS
ACI Association is not available to residents of Belarus, Cuba, Canada,
Iran, North Korea, Sudan, Syria
or Somalia. Do not send email to
robottrap (at) aciassociation.com.
CFA® and Chartered Financial Analyst® are registered trademarks
owned by CFA Institute.
SOURCE www.aciassociation.com