DuPont Stories
US chemical makers seen poised to beat expectations
U.S. chemical makers are poised to post stronger-than-expected third-quarter earnings, but demand for their products could cool later this year as government stimulus programs unwind, industry experts say.
DuPont sees profit level return around 2012
Chemicals maker DuPont says it does not expect to match last year's profit levels until at least 2012, according to a filing with U.S. regulators on Wednesday.
BofA's CEO search panel heavy on Fleet veterans
Bank of America Corp's six-member CEO search committee includes three former directors of FleetBoston Financial Corp, a sign the bank's Boston connection may take a stronger role in setting future strategy.
Bank of America names team to oversee CEO search
Bank of America Corp
has appointed a six-member group of directors to oversee the
search for Kenneth Lewis' replacement.
BofA to add DuPont's Holliday to board: report
DuPont Co Chairman Charles Holliday will likely be added to Bank of America Corp's board of directors at a meeting on Monday, the Wall Street Journal said, citing a person familiar with the situation.
DuPont earnings sink, but cost cuts help
DuPont posted a 61 percent drop in quarterly profit hurt by weak global demand, but cost cuts helped the chemical maker beat Wall Street forecasts.
World stocks near 9-month high on earnings hopes
World stocks approached a 9-month high on Tuesday while emerging stocks hit a 2009 peak as investors anticipated upward surprises from earnings results due later given a run of strong reports over the past week.
GE, 3M and others get U.S. funds for PV-linked projects
General Electric, 3M and DuPont and twenty one firms more were given the green light by the U.S. government for up to $22 million worth in investments for projects with the potential to impact the photovoltaic (PV) solar industry within 2 to 6 years, the Department of Energy announced Thursday.
DuPont cuts another 2,000 jobs, takes charge
Chemicals maker DuPont Co said it would eliminate another 2,000 jobs as part of its cost-cutting plan as it tries to conserve cash and operate through the worst recession in decades.
Chemical makers top forecast as agriculture shines
Booming demand for agriculture products helped chemical companies BASF and Dow Chemical Co record better than expected quarterly profits on Thursday.
Dow Chemical shares surge on surprise profit
Dow Chemical Co posted a surprise first-quarter profit on Thursday, helped by cost reductions, gains in its agricultural segment and lower raw material costs, sending its shares up as much as 20 percent.
DuPont profit tops forecast, but trims outlook
Chemical maker DuPont posted a better-than-expected quarterly profit, but trimmed its full-year outlook and said it would cut more jobs as weak economic conditions continued to constrict demand.
DuPont lowers outlook, sets new job cuts
Chemical maker DuPont reported a 59 percent fall in quarterly profit, trimmed its full-year outlook and said it would cut more jobs as weak economic conditions continued to constrict demand.
DuPont earnings fall; cuts '09 outlook
Chemical maker DuPont reported a 59 percent fall in quarterly earnings, cut its full year 2009 earnings forecast due to weak demand, and said it will undertake additional cost cutting measures.
Chemical companies' outlook to trump weak earnings
Investors are expected to look past a weak crop of earnings reports from U.S. chemical companies this quarter and focus on whether a potential economic upturn can keep shares on an upswing, analysts said.
DuPont posts 4Q loss, lowers 2009 forecast
Chemical maker DuPont Co. reported Tuesday a loss of $629 million in the fourth quarter, as declines in construction, motor vehicle sales and consumer spending caused a steep decline in global industrial production and diminished demand and the volume of the company's sales to more than 20 percent in the quarter.
DuPont Boosts First-Quarter Earnings Outlook
While most companies are warning they will likely miss their profit forecasts, chemical giant DuPont upped its first-quarter profit expectations Thursday morning for the second time this year.
DuPont sees agriculture and nutrition business growth
DuPont Co. on Wednesday said it expects its agriculture and nutrition business to deliver 10 percent revenue growth and 20 percent pretax operating income growth in 2007.
U.S. housing woes send global stocks down
European stocks hit a one-month low and the yen and government bonds rose on Wednesday after disappointing U.S. earnings results fanned concerns that the U.S. mortgage sector's malaise may hurt the broader economy.
DuPont profit slips on weak housing, auto markets
DuPont Co., the No. 2 U.S. chemical company, on Tuesday reported lower-than-expected second-quarter profit as weak U.S. housing and auto markets slowed demand and overshadowed growth in other regions.
DuPont: Suspected Carcinogen in Teflon Is Not Deadly
DuPont Co., the third-largest chemical maker in the US, says that one of its new worker health studies suggests that a chemical in Teflon used to make nonstick products is not carcinogenic.
DuPont sees faster Chinese growth
DuPont Co., the second largest U.S. chemicals maker, said its strong double-digit revenue growth in China would accelerate while it increased investment and manpower in its fastest growing market.
Stock Futures Drift Following 2 Days of Losses
U.S. stock market futures were drifting Wednesday on concerns the hangover from Federal Reserve's Chairman Ben Bernanke's hawkish interest-rate comments may linger, with seemingly little else on the economic or corporate news front to capture markets' attention.