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Corteva, Inc. - CTVA STOCK NEWS

Welcome to our dedicated page for Corteva news (Ticker: CTVA), a resource for investors and traders seeking the latest updates and insights on Corteva stock.

Corteva, Inc. (NYSE: CTVA) is a global leader in the agriculture industry, dedicated to providing comprehensive agricultural solutions. Formed in 2019 after a spinoff from DowDuPont, Corteva operates as a pure-play agricultural inputs company. The company is renowned for its innovation and the development of premium seeds and crop protection products, which significantly enhance farmer productivity and profitability.

Corteva's portfolio includes some of the world's most recognized brands, such as Pioneer® and Brevant™ seeds, award-winning crop protection products, and advanced digital tools and services like Encirca® and Granular®. These solutions help farmers optimize their operations and achieve higher yields, while also promoting sustainable agricultural practices.

The company reported net sales of $17.6 billion in 2023, with its seed business contributing the majority of the revenue. Despite challenges in the crop protection market, Corteva has managed to maintain a robust financial performance with a focus on cost discipline and operational efficiency. The company is well-positioned for future growth, driven by its strong pipeline of new products and technologies.

Corteva operates on a global scale, with approximately half of its revenue coming from North America. The company is committed to enriching the lives of both producers and consumers by ensuring the sustainable progress of the global food system. Corteva's strategic partnerships and collaborations further enhance its market presence and innovation capabilities.

Recent highlights include the release of its fourth-quarter 2023 earnings, reflecting a strategic focus on productivity and a balanced product mix. The company also announced upcoming earnings releases and investor presentations, showcasing its commitment to transparency and shareholder engagement.

Corteva's ongoing projects include collaborations with companies like Lavie Bio and AgPlenus, aiming to develop advanced ag-biological and herbicide solutions. These partnerships underscore Corteva's dedication to tackling the world's most pressing agricultural challenges through innovative technologies and sustainable practices.

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Chemours Company (CC) announces continued support for PFAS-related drinking water claims settlement with DuPont de Nemours, Inc. (DD) and Corteva, Inc. (CTVA)
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Corteva, Inc. (NYSE: CTVA) will release its Q4 2023 earnings on January 31, 2024, followed by a live webcast on February 1, 2024, at 9:00 a.m. Eastern Time. The slide presentation will be available on the Company's Investor Events and Presentations page, with a webcast replay until February 1, 2025.
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Corteva Agriscience (CTVA) successfully completes ESA consultation process, expanding Enlist® herbicide use in formerly restricted U.S. counties
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DuPont de Nemours, Inc. (DuPont) (NYSE: DD) reached a $110 million settlement agreement with The State of Ohio, allocating 80% to restoration of natural resources. DuPont's share is approximately $39 million. The settlement resolves claims related to PFAS releases and AFFF, benefiting Ohio's natural resources and people.
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Chemours (CC) settles PFAS-related claims with the State of Ohio for $110 million, allocating 80% for discharges from Washington Works and 20% for other PFAS claims statewide, including AFFF. Chemours responsible for 50% of the settlement costs, or $55 million.
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Corteva, Inc. (NYSE: CTVA) reported 3Q YTD net sales reflecting positive global Ag fundamentals, with pricing gains, product mix, and productivity driving performance. The company recalibrated its 4Q Brazil outlook for Seed and Crop Protection, affirming full year 2023 net sales and earnings guidance. Organic sales decreased 1% YTD, with Seed net sales growing 7% and Crop Protection net sales decreasing 10%. GAAP income and EPS from continuing operations were down from prior year, while Operating EBITDA and EPS improved. The company announced a plan to optimize its Crop Protection network, with expected restructuring charges and run-rate savings. The company's 3Q 2023 net sales decreased 7% and organic sales declined 13%. Seed net sales and operating EBITDA improved, while Crop Protection net sales and operating EBITDA decreased. The global outlook for agriculture remains positive overall in 2023, with high demand for grain and oilseeds. The company's revised full-year 2023 net sales and earnings expectations reflect lower-than-expected corn planted area and delayed farmer purchases in Brazil, leading to a 2% decrease in net sales and 3% decrease in operating EPS at the mid-point of guidance.
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Corteva, Inc. (NYSE: CTVA) has announced a common stock dividend of $0.16 per share, payable on Dec. 15, 2023. EIDP, Inc., a subsidiary of Corteva, Inc., has declared preferred stock dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 per share on the $3.50 series preferred stock, payable on Jan. 25, 2024.
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Corteva provides preliminary Q3 net sales and earnings results, lowers full-year guidance due to evolving market dynamics in Brazil.
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Alveo Technologies collaborates with Corteva Agriscience to expand its molecular sensing and disease diagnostics technology to include agricultural disease diagnostics. The collaboration aims to develop crop-specific assays to detect pathogens in the field using Alveo's rapid and portable medical-grade platform.
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Corteva files lawsuit against Inari for stealing proprietary technology, seeking to prevent further theft and protect intellectual property.
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FAQ

What is the current stock price of Corteva (CTVA)?

The current stock price of Corteva (CTVA) is $57.48 as of December 20, 2024.

What is the market cap of Corteva (CTVA)?

The market cap of Corteva (CTVA) is approximately 39.2B.

What does Corteva, Inc. specialize in?

Corteva, Inc. specializes in developing premium agricultural solutions, including seeds, crop protection products, and digital tools to enhance farmer productivity and sustainability.

When was Corteva, Inc. formed?

Corteva, Inc. was formed in 2019 after being spun off from DowDuPont.

What are the primary revenue sources for Corteva?

Corteva's primary revenue sources are its seed business, which generates the majority of its profits, and its crop protection products.

What are some of Corteva's well-known brands?

Some of Corteva's well-known brands include Pioneer®, Brevant™, Encirca®, and Granular®.

How does Corteva support sustainability in agriculture?

Corteva supports sustainability in agriculture by developing innovative and efficient products and services that help farmers optimize their operations while promoting sustainable practices.

What recent financial performance did Corteva report?

Corteva reported net sales of $17.6 billion in 2023, with strong performance in its seed business and a strategic focus on productivity and cost discipline.

What is Corteva's global revenue distribution?

Corteva operates globally, with approximately half of its revenue coming from North America.

What are some of Corteva's recent projects and partnerships?

Recent projects include collaborations with Lavie Bio and AgPlenus to develop advanced ag-biological and herbicide solutions.

Where can I find more information about Corteva's earnings and financial updates?

More information about Corteva's earnings and financial updates can be found on the company's Investor Events and Presentations page on their website.

What is Corteva's mission?

Corteva's mission is to enrich the lives of those who produce and those who consume, ensuring sustainable progress for generations to come.

Corteva, Inc.

NYSE:CTVA

CTVA Rankings

CTVA Stock Data

39.19B
686.55M
0.09%
86.15%
1.47%
Agricultural Inputs
Basic Materials
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United States of America
INDIANAPOLIS