PARKERSBURG, WV – Tomorrow, Chemours will discuss its financial performance during its Q3 Quarterly Earnings Call (listeners can access the call by visiting investors.chemours.com). Chemours is a company saddled with massive debt, exposure to billions of dollars in lawsuits and remediation obligations, mounting defense costs related to ongoing litigation, and declining profitability and cash flow. “Chemours’… Read More
Chemours Company (CC) Begins Its Predicted Fall Published on July 8, 2015 at 1:29 pm by SOLON HARMONY B. DOLOR in Hedge Funds,News Chemours Company (NYSE:CC) is not having a great start to its life as an independent, publicly-traded company. Shares of the company, which was once the performance chemicals arm of E I Du… Read More
Read our presentation and learn why the Chemours spinoff is a bad deal for stakeholders, victims, employees, and the environment… Read More
On Tuesday, June 9th, Keep Your Promises hosted a Chemours investor briefing.
Couldn’t make the call? Listen to the Chemours investor briefing here and get the facts about why DuPont’s proposed Chemours spinoff is a bad deal for investors and the numerous communities it’s already harmed.… Read More
On Tuesday, June 9th, Keep Your Promises hosted an investors briefing about the proposed Chemours spinoff. Get the facts for yourself by reading our transcript. … Read More
Read our letter to the SEC highlighting Chemours’ hidden potential liabilities.… Read More
A recent Environmental Working Group (EWG) report called Poisoned Legacy identifies a huge potential liability from the new C-8 replacement chemical.… Read More
The credit ratings agency Moody’s has evaluated Chemours. Moody’s concluded that “a pattern of adverse [PFOA] jury decisions could heighten the risk that a meaningful liability accrues to Chemours related to this problem.” Other constraints include:
High financial leverage;
A high anticipated dividend payout relative to earnings and cash flow…… Read More
A failed Chemours spinoff wouldn’t be the first time DuPont failed to keep its word.
For decades, the company put the health of thousands of people throughout the mid-Ohio at risk. Their use of the chemical C-8 has been linked to kidney cancer, thyroid disease and colitis, and the full extent of the damage has yet to be discovered.… Read More