THE LOCAL UNIT of US-based E I Du Pont De Nemours And Co (NYSE:DD) has launched a 131-kilowatt solar power facility in its production plant in Tarlac, the company said in a statement on Wednesday. DuPont Far East, Inc. Philippines on Feb. 12 inaugurated the solar project at its DuPont Pioneer production plant in the province. E I Du Pont De Nemours And Co (NYSE:DD) stock opened at $63.20 in last trading session, and closed at $63.98, trading in the range of $63.05 – $64.15. The stock showed a positive weekly performance of 2.34%.
Huntsman Corp. (NYSE:HUN) was downgraded by TheStreet from a “buy” rating to a “hold” rating in a research note issued on Thursday, Analyst Ratings.Net reports. Huntsman Corporation (NYSE:HUN) shares closed at $22.73 on last trade day. Stock 52 week range is $16.02 – $24.74. Company’s market capitalization is $5.50 billion.
When it comes to the future of The Dow Chemical Company (NYSE:DOW), there is a growing rift between the strategies of the company’s leadership and activist investor Dan Loeb’s hedge fund, Third Point LLC, which recently bought a large stake in the company. The disagreement between the two parties became public at the end of January when Third Point revealed in an investor letter that it believes that Dow should spin off its petrochemical business and focus on specialty chemicals to maximize shareholder return. This would mean much of Dow’s Houston-area operations, employing 6,000-plus, would be affected since these operations specialize in petrochemical manufacturing. The Dow Chemical Company (NYSE:DOW) stock finished the last session at $46.30. The EPS of the stock remained 3.55. Company’s market capitalization is $56.16 billion.
illionaire investor William Ackman said there is room for Air Products & Chemicals, Inc. (NYSE:APD)’s stock price to double in the next few years if the industrial gas producer hires the right chief executive. “This is a $200 plus stock over the next three years with new management,” Ackman said at an investment conference. Ackman’s Pershing Square Capital Management is Air Products’ biggest shareholder with a 9.71 percent stake. Air Products & Chemicals, Inc. (NYSE:APD) stock opened at $110.79 in last trading session and closed at $116.93. The 52 week range of the stock is $84.04 – $117.04 and the day range was $110.61 – $117.04.