Agricultural input provider Corteva obliterated Wall Street’s earnings expectations. But, as is often the case with farming, things get complicated.
Deals aren’t dead. But picking stocks of companies that might get bought, sending shares higher, is hard. A few screens for them are time-tested.
For his second "Executive Decision" segment of Mad Money Tuesday evening, Jim Cramer also spoke with Jim Collins, CEO of Corteva , the agriculture company with shares off 13% for the year after the company suspended forward-looking guidance amid pandemic uncertainty and flooding in the Midwest. Collins said Corteva has a very strong market share in the seed business, and a growing business in crop protection, with insecticides and other products. CTVA has a big international business, which has been affected by currency swings.
Corteva, Inc. (NYSE: CTVA) announced Corteva Executive Vice President and Chief Financial Officer, Greg Friedman, will participate in the Goldman Sachs Industrials and Materials Virtual Conference at 1:50 p.m. Eastern Time, on Friday, May 15, 2020.
Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, James C. Collins, Jr., will participate in Bernstein's 36th Annual Strategic Decisions Conference at 9:00 a.m. Eastern Time, on Wednesday, May 27, 2020.
Many companies are facing lower profit margins, partly because of extra costs related to the Covid-19 pandemic, such as extra cleaning, screening, and higher logistics costs.
Jim Collins, Corteva CEO, joins Yahoo Finance to discuss the agricultural chemical company's recent earnings report, the White House response, outlook for the agricultural industry and more.
Foods stocks' results are expected to reflect gains from product mix reinvention, shift changes and improved deliveries amid the pandemic. Costs incurred on the efforts are likely to have hurt results.
Corteva, Inc. (NYSE: CTVA) today announced its Board of Directors has authorized a common stock dividend of 13 cents per share, payable June 15, 2020, to the Company's shareholders of record on May 15, 2020. This marks the third consecutive cash dividend to be paid by Corteva since becoming an independent public company on June 1, 2019.
The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across many sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals. Materials stocks, as represented by the Materials Select Sector SPDR ETF (XLB), have underperformed the broader market, providing investors with a total return of 4.1% compared to the S&P 500's total return of 8.9% over the past 12 months. These market performance numbers and the statistics in the tables below are as of May 27.
DuPont Capital also nearly doubled its investment in the SPDR S&P 500 exchange-traded fund in the first quarter. DuPont Capital’s U.S. large-cap strategy is trouncing the S&P 500.
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Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Evermore Global Advisors, LLC is a Summit, New Jersey-based investment management firm. It was co-founded by David Marcus and Eric LeGoff in 2009. Recently, Evermore Global Advisors released its Q1 2020 Investor Letter – a copy of which can be downloaded here. In the letter, the Evermore Global Value Fund posted a -30.66% return for […]
CTVA earnings call for the period ending March 31, 2020.
Goldman Sachs suggests a barbell strategy that doesn’t require making a call on whether the market has risen too far, too fast.
Corteva, Inc. (NYSE: CTVA) announced Corteva Chief Executive Officer, James C. Collins, Jr., will participate in the BMO Capital Markets Farm to Market Virtual Conference at 12:20 p.m. Eastern Time, on Thursday, May 14, 2020.
Today, Corteva Inc. (NYSE: CTVA) announced its new go-to-market structure for seeds in the U.S. retail market. These changes are part of Corteva Agriscience's Multi-Channel, Multi-Brand strategy for the U.S., which serves customers based on their buying preferences through a segmented route-to-market approach. They will strengthen and focus Corteva's offering for customers who buy seed through retail locations, beginning with the 2021 sales season.
Corteva, Inc. ("Corteva") (NYSE: CTVA) today announced the pricing of a public offering by its direct subsidiary, E.I. du Pont de Nemours and Company d/b/a Corteva Agriscience ("EID"), of $500,000,000 aggregate principal amount of its 1.700% Senior Notes due 2025 (the "2025 Notes"), which will be issued at 99.910% of their principal amount, and $500,000,000 aggregate principal amount of its 2.300% Senior Notes due 2030 (together with the 2025 Notes, the "Notes"), which will be issued at 99.637% of their principal amount. Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering.
Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the quarter ended March 31, 2020.