Thursday, 5 Nov 2009 | Source: The Associated Press
DuPont's CEO Ellen Kullman said Thursday the chemical company is well positioned to outperform the market and global competitors as the economy makes a recovery.
(Reuters) - Delphi, the auto-parts maker that emerged from a four-year bankruptcy in October, is forming a new board of directors and will name retired Dupont <DD.N> Chief Executive John Krol as its chairman, the Wall Street Journal said.
Tuesday, 3 Nov 2009 | Source: The Associated Press
A leaner DuPont chemical company is pushing hard into China and other developing countries and said Tuesday it is in position to outperform markets that have been rattled by the recession.
Diversified U.S. manufacturer Honeywell International posted a 15 percent profit drop that was far less severe than analysts had forecast, sending its shares higher in light premarket trading.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. The Dow shed more than 50 points, or 0.5 percent, but still held above 10,000. The S&P and Nasdaq each lost about 0.6 percent.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. Apple and Caterpillar surged after their earnings blew past forecasts.
DuPont posted an 11 percent jump in third-quarter profit Tuesday, beating Wall Street estimates, but the chemical maker narrowed its earnings outlook for the year.
The Dow fell more than 2 percent Thursday, it's largest one-day loss since right before the summer rally began, as a weak ISM reading rattled confidence in the recovery. Shares of both GE and Comcast fell amid buzz that the two are in talks about GE's NBC Universal unit.
Stocks rallied for a third day Wednesday, jumping more than 1 percent, as industrial production rose for a second straight month and weakness in the dollar boosted commodity and industrial stocks.
On a week where the Dow closes above 10K, gold tops $1,100 and unemployment hits 10.2%, the markets shrug off negative data to end the week up over 3%.... Read More
On a mostly negative week for the markets, where tech outperformed and the NASDAQ 100 was the only major index positive for the week, the Dow finishes in the red to close below the 10,000-mark on Friday.... Read More