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 Reaffirms Outlook for Titanium Dioxide, Sees Strong Demand Over Ore

By Victoria Stilwell DuPont Co. (DD) reaffirmed its full-year and long-term outlook for titanium dioxide amid recent fears about weak demand in the pigment industry for the second half of the year. DuPont--the bigger maker of the pigment and one of the best leading indicators of broader industrial production--said it expects demand for titanium dioxide to be stronger than that of ore, partially due to changes in inventory levels. The company said recent comments regarding market demand "overstate the softness in the pigment industry." The company plans to offer additional perspective when it reports second-quarter earnings on July 24. Australian rival Iluka Resources Ltd. (ILU.AX) earlier this week cut its full-year sales volume outlook for titanium dioxide, a key pigment used to make paints, a move that pressured stocks across the sector. The company also said it is reviewing its spending plans and considering further cutbacks to output to deal with slowing demand and a subsequent inventory buildup. Meanwhile, Jefferies earlier this month cut its 2012 and 2013 views and downgraded DuPont to hold to reflect a weaker demand outlook in Europe and "incremental deterioration" in the titanium-dioxide space. The investment bank said price increases were stalling earlier than expected. DuPont in April reported its first-quarter profit rose 4% as the company benefited from higher pricing and a jump in sales of agricultural products, as well as strong growth in developing markets. Shares rose 1.6% to $48.22 in recent trading after sliding 2.9% Monday. The stock is down 5.6% over the past three months. Write to Victoria Stilwell at

Stock News for Du Pont E I De Nem (DD)
11/13/201506:30:00Syngenta Shares Rise on Takeover Report
11/10/201517:23:52Statement of Changes in Beneficial Ownership (4)
11/10/201509:25:00DuPont Digital Printing Collaborates With EFI Reggiani to Deliver...
11/10/201503:03:00DuPont Names Breen CEO
11/09/201517:27:56Current Report Filing (8-k)
11/09/201515:05:00DuPont Names Breen CEO, Removing Interim Tag--Update
11/09/201508:20:00DuPont Names Breen CEO, Removing Interim Tag
11/09/201508:03:00DuPont Names Breen CEO, Removing Interim Tag
11/09/201506:45:00DuPont Board of Directors Names Edward D. Breen Chair and CEO
11/06/201503:02:00Farm Giants Explore Deals
11/05/201516:40:00Agricultural Giants Look to Join Forces
11/05/201516:25:00Agricultural Giants Look to Join Forces
11/03/201515:40:00Monsanto, Deere Join Forces Over Data Services
11/02/201509:45:00DuPont Announces Business Unit Consolidations and Leadership...
11/01/201503:15:25Splitsville: Activist Investing Daily
10/30/201519:22:18DuPont opens $225M cellulosic ethanol plant
10/29/201503:07:01Activist Investing Daily: Large Caps
10/27/201510:27:00DuPont Profit Slides on Weak Ag Market, Strong Dollar -- Update
10/27/201507:38:50Current Report Filing (8-k)
10/27/201507:30:00DuPont Profit Drops on Headwinds

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