Corteva

Money Moves

Moved from S&P 500 to S&P MidCap 400 on October 6

Vylor took Corteva's S&P 500 seat on October 1, and Twilio replaced Warner Bros. Discovery on October 6, completing the index reshuffle S&P Dow Jones Indices announced. Corteva moved to the MidCap 400, and Olin, Formfactor and Workiva shifted tiers. Both newcomers closed lower on October 2, even as the S&P 500 rose.

Updated Oct 22

Money Moves

Spinoff bearing historical DuPont liabilities

DuPont, Chemours and Corteva agreed in September to pay North Carolina and 11 local governments $455 million over 15 years for contaminating the Cape Fear River with PFAS chemicals. It is the largest environmental damages recovery in state history: the state gets $75 million and the local governments split $380 million, with Cumberland County receiving $161.5 million.

Updated Oct 22