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du Pont (DD)
DuPont announced that it has declared a Q4 common stock dividend of $0.41 per share, payable December 14, to stockholders of record November 13.
This dividend is the same as what was paid in Q3 2009. Regular quarterly dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 per share on the $3.50 series preferred stock also were declared, both payable January 10, 2010 to stockholders of record January 8, 2010.
Oct 21 · 12:38:00 PM · Source: Reuters
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by Michael Oliveto
du Pont (DD)
DuPont reported earnings for the quarter of $0.45 per share on net profits of $409 million versus $0.40 per share on profits of $367 million in the year ago period.
Revenue was down 18% from $7.29 billion to $5.96 billion versus analyst estimates of $6.14 billion. Revenue fell across all five of the company's segments, including its safety & protection unit, which makes the Kevlar vest.
Oct 20 · 11:21:00 AM · Source: CNBC
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by Michael Oliveto
PPG Industries (PPG)
PPG Industries (NYSE:PPG) today reported sales for the third quarter of $3.2 billion, a decline of 24 percent versus the prior year’s third quarter including a 5 percent decline resulting from a business divestiture in 2008. The company reported net income of $159 million, or 96 cents per share. Adjusted net income was $161 million, or 97 cents per share. Third quarter 2008 sales were $4.2 billion, reported net income was $117 million, or 70 cents per share, and adjusted net income was $227 million, or $1.37 per share.
Earnings beat estimates but company predicts dip later in year.
Oct 15 · 10:54:00 AM · Source: Business Wire
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by Larry Etter
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