Court approves 3M settlement over 'forever chemicals' in public drinking water systems [Financial Post (Toronto, Ontario, Canada)]
DuPont de Nemours, Inc. (DD)
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Source: Financial Post
Chemical manufacturer 3M will begin payments starting in the third quarter to many U.S. public drinking water systems as part of a multi-billion-dollar settlement over contamination with potentially harmful compounds used in firefighting foam and several consumer products, the company said. St. Paul, Minnesota-based 3M announced Monday that last year's lawsuit settlement received final approval from the U.S. District Court in Charleston, South Carolina. Article content Article content The agreement called for payouts through 2036. Depending on what additional contamination is found, the amount paid out will range from $10.5 billion to $12.5 billion. “This is yet another important step forward for 3M as we continue to deliver on our priorities. The final approval of this settlement and continued progress toward exiting all PFAS manufacturing by the end of 2025 will further our efforts to reduce risk and uncertainty as we move forward,” 3M's chairman and CEO, Mike Roman, said
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- Global $36.5 Billion Water Desalination Market Outlook, 2029: Decentralized Solutions, Adoption of Renewable Energy in Desalination, Rising Government Initiatives and Investments [Yahoo! Finance]Yahoo! Finance
- DuPont de Nemours, Inc. (NYSE: DD) had its price target raised by analysts at JPMorgan Chase & Co. from $85.00 to $88.00. They now have an "overweight" rating on the stock.MarketBeat
- DuPont de Nemours, Inc. (NYSE: DD) had its price target raised by analysts at Barclays PLC from $70.00 to $81.00. They now have an "equal weight" rating on the stock.MarketBeat
- DuPont de Nemours, Inc. (NYSE: DD) had its price target raised by analysts at Mizuho from $76.00 to $83.00. They now have a "buy" rating on the stock.MarketBeat
- Global Sodium Lauryl Sulfate Market Report 2024-2031: Urban Expansion, Cosmetic Boom, and FMCG Innovations Fuel Market Growth | East Asia Emerges as a Key Region [Yahoo! Finance]Yahoo! Finance
DD
Earnings
- 5/1/24 - Beat
DD
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/5/24 - Form ARS
- DD's page on the SEC website