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Tuesday, December 10, 2019

DuPont cautions shareholders on mini-tender stock scheme

DuPont  has been notified of an unsolicited “mini-tender" offer. The strategy is used by firms as a way to pry loose stock from shareholders at a below-market price. According to DuPont, TRC Capital Investment Corporation...

Wilmington Trust outlook sees risk of tech productivity gains spurring populist policies

Wilmington Trust  announced its 2020 Capital Markets Forecast, "Market Tug of War: The interplay of productivity, populism, and portfolios." As the title indicates, productivity gains are likely to not make their way to employees who...

Delmarva Power ranks at top in business customer satisfaction survey

Delmarva Power ranked high in a J.D. Power business customer satisfaction survey. Delmarva was ranked as the top East Midsize utility, with neighboring Exelon utility BGE, ranked the top East large utility. “Electric utilities around the...

Croda allowed to resume production of volatile chemical

The Delaware Department of Natural Resources and Environmental granted approval to Croda, Inc. to resume ethylene oxide (EO) production at the company’s Atlas Point site. British-based Croda received DNREC approval by meeting obligations to improve...

Trending: Capital One buildings near train station up for sale

Up for sale are two former INGDirect, Capital One buildings near the Biden Wilmington Train Station. One South Orange is the former Pennsylvania Railroad building, designed by Frank Furness, who also served as architect for...

Trending: Irish company with roots in dairy industry may be lead bidder for DuPont...

An Irish company whose premium cheese and butter products  are common  items on U.S. refrigerated cases,  could be the lead bidder for DuPont's nutrition business. The Irish Times reported the Kerry Group may be poised...

Prosperity Partnership, North East England counterpart sign cooperative agreement

The Delaware Prosperity Partnership and the North East Local Enterprise Partnership (LEP), a public, private and education sector partnership in North East England, UK, signed a cooperative agreement to support joint business development. LEP works...

Personnel file: Bancorp, Cover & Rossiter, Saint Francis, TKO Hospitality, Bayhealth,...

The Bancorp, Inc. names directors The Bancorp, Inc., north Wilmington,  announced the addition of Daniela Mielke and Stephanie Mudick to its Board of Directors.  Mielke has nearly 30 years of experience in the financial services industry and...

Bloom Energy stock price rises after results beat analysts’ estimates

Bloom Energy Corporation posted a loss for the third quarter, but saw continued growth in fuel cell sales (acceptances). The San Jose, CA company has its main manufacturing site in Newark. Bloom shares rose more...

Corteva loss narrows

Wilmington-based Corteva, Inc. reported financial results for the quarter ended September 30,  and provided guidance for the full year. Corteva is the combined agriscience businesses of Dow and DuPont. It was spun off earlier this year...