According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Mehdi Hosseini and Mark Sue have a total average return of -6.4% and 1.5% respectively. To receive notifications via email, enter your email address and select at least one subscription below. “We are proud of Dow Corning’s success, and pleased that our 72-year partnership will continue through our ownership in Hemlock Semiconductor. On April 1, 2019, the company completed the separation of its materials science business into a separate and independent public company by way of a pro rata dividend in-kind of all the then outstanding stock of Dow Inc. (the "Dow Distribution"). Executive Summary2. While we will no longer receive equity earnings or dividends from Dow Corning’s silicones business, we are confident that Hemlock and deployment of the new entity’s $4.8 billion will create significant value for our shareholders, including EPS accretion.”. Industry Background and Classifications2.1: Introduction, Background, and Classification2.2: Supply Chain2.3: Industry Drivers and Challenges3. Hosseini has a success rate of 39.0% and is ranked #3316 out of 3638 analysts, while Sue has a success rate of 53.3% and is ranked #1315. Nicholson Vice President Investor Relations Corning Incorporated One Riverfront Plaza Corning, NY 14831 1-888-CORNING (267-6464) Included in this group is DuPont’s stake in Hemlock Semiconductor, a silicon joint venture with Corning and Shin-Etsu Handotai. This is an excerpt of the original content. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled "Risk Factors" (Part I, Item 1A) of DuPont's 2019 Annual Report on Form 10-K, Item 8.01 of DuPont's current report on Form 8-K filed on April 20, 2020 and as updated by DuPont's subsequent periodic and current reports filed with the SEC. Upon completion of the exchange, The Dow Chemical Company, an equal owner of Dow Corning with Corning since 1943, will assume 100% ownership of Dow Corning. Research and Markets Laura Wood, Senior Manager press@researchandmarkets.comFor E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716, View original content:http://www.prnewswire.com/news-releases/2020-global-polysilicon-market-competitive-analysis-with-key-company-profiles-including-wacker-chemie-hemlock-semiconductor-and-sunedison-301045387.html, Registration on or use of this site constitutes acceptance of our, US stock futures point higher after Dow broke 30,000 as investors cheer vaccines, Biden's new administration », A $15 minimum wage means higher menu prices at restaurant chains, including Waffle House, Potbelly, and Texas Roadhouse », Upgraded Metallurgical-Grade Silicon Process. Forward- looking statements are not guarantees of future results. DuPont Investor Relations Leland Weaver 302-999-2477leland.weaver@dupont.com. DuPont de Nemours Inc. published this content on 09 September 2020 and is solely responsible for the information contained therein. The Company offers cellular phones, computers, video games, car electronics, home electronics, satellite and cable televisions, digital cameras, environmental control systems, and medical devices. On December 15, 2019, DuPont and IFF announced they had entered definitive agreements to combine DuPont's Nutrition & Biosciences business with IFF in a transaction that would result in IFF issuing shares to DuPont shareholders, pending customary closing conditions, other approvals including regulatory and that of IFF's shareholders. Separately, on October 28, RBC’s Mark Sue reiterated a Buy rating on the stock and has a price target of $24. 2020 Global Polysilicon Market Competitive Analysis, with Key Company Profiles Including Wacker Chemie, Hemlock Semiconductor and SunEdison PRESS RELEASE PR … irinfo@corning.com, Transfer Agent These risks are and will be more fully discussed in DuPont's current, quarterly and annual reports and other filings made with the U.S. Securities and Exchange Commission, in each case, as may be amended from time to time in future filings with the SEC. Some of the important factors that could cause DuPont's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the parties' ability to meet expectations regarding the timing, completion and accounting and tax treatments of the proposed transaction with IFF; changes in relevant tax and other laws, (ii) failure to obtain necessary regulatory approvals, approval of IFF's shareholders, anticipated tax treatment or any required financing or to satisfy any of the other conditions to the proposed transaction with IFF, (iii) the possibility that unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies that could impact the value, timing or pursuit of the proposed transaction with IFF, (iv) risks and costs and pursuit and/or implementation of the separation of the N&B Business, including timing anticipated to complete the separation, any changes to the configuration of businesses included in the separation if implemented (v) risks and costs related to the Dow Distribution and the Corteva Distribution (together, the "Distributions") including (a) with respect to achieving all expected benefits from the Distributions; (b) the incurrence of significant costs in connection with the Distributions, including costs to service debt incurred by the Company to establish the relative credit profiles of Corteva, Dow and DuPont and increased costs related to supply, service and other arrangements that, prior to the Dow Distribution, were between entities under the common control of DuPont; (c) indemnification of certain legacy liabilities of E. I. du Pont de Nemours and Company ("Historical EID") in connection with the Corteva Distribution; and (d) potential liability arising from fraudulent conveyance and similar laws in connection with the Distributions; (vi) failure to effectively manage acquisitions, divestitures, alliances, joint ventures and other portfolio changes, including meeting conditions under the Letter Agreement entered in connection with the Corteva Distribution, related to the transfer of certain levels of assets and businesses; (vii) uncertainty as to the long-term value of DuPont common stock; (viii) potential inability or reduced access to the capital markets or increased cost of borrowings, including as a result of a credit rating downgrade (ix) risks and uncertainties related to the novel coronavirus (COVID-19) and the responses thereto (such as voluntary and in some cases, mandatory quarantines as well as shut downs and other restrictions on travel and commercial, social and other activities) on DuPont's business, results of operations, access to sources of liquidity and financial condition which depend on highly uncertain and unpredictable future developments, including, but not limited to, the duration and spread of the COVID-19 outbreak, its severity, the actions to contain the virus or treat its impact, and how quickly and to what extent normal economic and operating conditions resume.
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