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 Victoria.Stilwell@dowjones.com

Stock News for Du Pont E I De Nem (DD)
DateTimeHeadline
10/28/201414:49:21U.S. Stocks Trade Higher
10/28/201413:26:11DuPont Earnings Rise But So Do Headwinds -- 2ndUpdate
10/28/201409:57:24DuPont Earnings Rise But So Do Headwinds -- Update
10/28/201409:14:36MARKET SNAPSHOT: U.S. Stocks: Futures Trim Gains After Durable-goods...
10/28/201408:31:17MARKET SNAPSHOT: U.S. Stocks: Futures Up On European Gains, Hopes...
10/28/201406:32:21MARKET SNAPSHOT: U.S. Stocks: Futures Up On European Gains, Hopes...
10/26/201418:29:07Correction to DuPont Earnings Preview
10/26/201405:18:37MARKET SNAPSHOT: Energy, Health Care Earnings To Dominate Week
10/24/201418:06:05DuPont Earnings, Revenue Seen Rising in 3Q -- Earnings Preview
10/21/201417:19:27EU Charges Honeywell, DuPont in Refrigerant Case
09/17/201419:58:21MARKET SNAPSHOT: U.S. Stocks Gain; Dow Closes At Record High
09/17/201419:52:40MARKET SNAPSHOT: U.S. Stocks Extend Gains On Fed Decision
09/17/201419:38:51MARKET SNAPSHOT: U.S. Stocks Rise Ahead Of Fed Statement
09/17/201419:33:21MARKET SNAPSHOT: U.S. Stocks: Futures Swing Higher After CPI
09/17/201418:21:30MARKET SNAPSHOT: U.S. Stocks: Futures Flat As Fed Day Arrives
09/03/201419:09:29Atlantic Richfield, DuPont to Pay $26 Million in Cleanup Settlement
09/03/201419:00:54Atlantic Richfield, DuPont Agree to Pay $26 Million in Cleanup...
08/28/201414:03:29U.S. Hot Stocks: Hot Stocks to Watch
08/27/201417:47:33DuPont Reaches $1.28 Million Settlement Over Toxic Gas Leaks...
08/27/201417:45:53DuPont Reaches $1.28 Million Settlement Over Toxic Gas Leaks

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