ADVFN - Advanced Financial Network.
HOME» NYSE » D » DD Stock Price » DD Stock News

Du Pont E I De Nem Share News

 Du Pont (e.i.) De Nemours & Stock Price
DD Stock Price
 Du Pont (e.i.) De Nemours & Stock Chart
DD Stock Chart
 Du Pont (e.i.) De Nemours & Stock News
DD Stock News
 Du Pont (e.i.) De Nemours & Company Information
DD Company Information
 Du Pont (e.i.) De Nemours & Stock Trades
DD Stock Trades

DuPont 1Q Profit Rises On Pricing, Agricultural Sales

DOW JONES NEWSWIRES DuPont Co.'s (DD) first-quarter profit rose 4% as the chemicals giant benefited from higher pricing and a jump in sales of agricultural products, as well as strong growth in developing markets. DuPont, a diversified U.S. manufacturer, has received a boost from higher pricing in recent quarters, offsetting raw material expenses. The company was one of the first companies last year to highlight the issue of destocking--customers working down their inventories instead of buying new products. The company saw a dip in its profits at the end of the year, and warned that customers in its consumer electronics sector would continue destocking. Dupont saw a brighter outlook in other sectors, however, expecting a bounce from U.S. auto making and other manufacturing. DuPont reported income of $1.49 billion, or $1.57 a share, up from $1.43 billion, or $1.52, a year earlier. Excluding special items, earnings in the latest quarter were $1.61 a share. Net sales were up 12% to $11.23 billion. Volume dropped 2%, offset by prices, which rose 8%. Analysts surveyed by Thomson Reuters estimated a profit of $1.55 on revenue of $11.23 billion. DuPont's agricultural segment, its biggest topline contributor, rose 16% in sales, with growth in volumes and pricing. The company's performance materials segment saw roughly 6% lower sales, while sales of performance coatings were up 6%. Sales in developing markets grew 15%. Shares of DuPont, which affirmed its 2012 guidance, closed Wednesday at $53.27 and were inactive premarket. The stock is up 16% so far this year. --By Kristin Jones, Dow Jones Newswires; 212-416-2208; kristin.jones@dowjones.com

Stock News for Du Pont E I De Nem (DD)
DateTimeHeadline
07/31/201515:43:02Statement of Changes in Beneficial Ownership (4)
07/29/201517:20:48Charges Dismissed Against Chinese Woman in Seed-Theft Case
07/29/201517:03:42Charges Dismissed Against Chinese Woman in Seed-Theft Case
07/28/201513:19:50Quarterly Report (10-q)
07/28/201512:42:09DuPont Trims Outlook on Agricultural Weakness -- 4th Update
07/28/201509:16:44DuPont Trims Outlook on Agricultural Weakness -- 3rd Update
07/28/201508:28:12DuPont Trims Outlook on Agricultural Weakness -- 2nd Update
07/28/201508:21:34Current Report Filing (8-k)
07/28/201507:40:31DuPont Trims Outlook on Agricultural Weakness
07/28/201507:10:10DuPont Trims Outlook on Agricultural Weakness -- Update
07/28/201506:58:06DuPont Trims Outlook on Agricultural Weakness
07/28/201506:00:00DuPont Reports 2Q Operating EPS of $1.18
07/27/201509:20:00Technical Data on Agricultural Chemicals Stocks -- E. I. du Pont...
07/23/201506:00:00DuPont Announces Senior Leadership Changes
07/21/201509:20:00Completion of Chemours' Spin-off - Report on E I Du Pont De Nemours
07/15/201519:26:09Activist Knocks on Macy's Door--3rd Update
07/09/201508:20:21Pope Inspires Catholic Investors to Press Environmental Concerns
07/09/201505:59:42Pope Inspires Catholic Investors to Press Environmental Concerns
07/08/201516:10:00Current Report Filing (8-k)
07/01/201506:00:00DuPont Completes Spin-off of The Chemours Company

Du Pont E I De Nem and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad