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Wednesday, April 7, 2010 as of 11:14 AM ET

Ellen Kullman

Ellen J. Kullman (born January 1956, Wilmington, Delaware) is an American business executive. She is President, Chair and Chief Executive Officer of E. I.

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Strong Agriculture Sales Carry DuPont to 1Q Beat

Powered by accelerating agriculture sales and higher prices, manufacturing giant DuPont (NYSE:DD) beat the Street on Thursday amid a 12% jump in revenue.

The blue-chip company said it earned $1.49 billion, or $1.57 a share, last quarter, compared with a profit of $1.43 billion, or $1.52 a share. Excluding one-time items, it earned $1.61, topping forecasts from analysts for $1.55.DuPont said its revenue rose 12% to $11.23 billion, matching the Street's view. While volumes shrank 2%, the company managed to cancel that out with an 8% increase in prices."DuPont's market-driven science and commitment to innovation and productivity are winning in key markets, despite economic headwinds early in the first quarter," CEO Ellen Kullman said in a statement.Looking ahead, DuPont reaffirmed its full-year guidance for 2012 non-GAAP earnings of $4.20 to $4.40, which translates to a 7% to 12% jump. The midpoint of that range, $4.30, would exceed the Street's view of $4.25.The markets had a muted respon...

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  1. Obama Needs Better Counsel on Jobs

     President Obama kicked off his second year in office by announcing a new advisory council for jobs. It was going to be comprised of the top names in business and br...

  2. DuPont Bags Danisco for $6.4B

    COPENHAGEN, May 16 (Reuters) - U.S. chemicals group DuPont has won its takeover battle for Danisco, with shareholders owning 92.2 percent of the Danish food ingredie...

  3. DuPont profit trounces Wall Street's expectation

    By Ernest ScheyderNEW YORK (Reuters) - DuPont's <DD.N> profit rose 27 percent to trounce Wall Street's expectations, fueled by strong sales of seeds and solar panel ...

  4. Higher Worldwide Volumes Boost DuPont 1Q Profit

    Lifted by stronger volumes, DuPont (NYSE:DD) revealed on Thursday a stronger-than-expected 23% improvement in first-quarter profit, leading the company to raise its ...

  5. DuPont profit trounces Wall Street's expectations

    By Ernest ScheyderNEW YORK (Reuters) - DuPont's <DD.N> profit rose 27 percent to trounce Wall Street's expectations, fueled largely by sales to farmers and solar pan...

  6. Doubts linger as EU clears Dupont's Danisco buy

    COPENHAGEN (Reuters) - DuPont faces a tough task to convince shareholders of Danish group Danisco to accept its $6.4 billion offer, even after it cleared another hur...

  7. Auto Sales Lift DuPont's 4Q Profit Above Expectations

    DuPont (NYSE:DD) said Tuesday its fourth-quarter profits slipped 15%, but the company’s non-GAAP profit easily surpassed Wall Street’s hopes amid jumping sales.Wilmi...

  8. How Goldman's CEO Snagged a White House Invite 

    Six months after his company settled fraud charges with the government, the chief executive officer of Goldman Sachs , Lloyd Blankfein , was invited by the White Hou...

  9. DuPont Buying Danisco for $5.8B

    U.S. chemicals group DuPont said on Sunday it will buy Danish food ingredients and enzymes firm Danisco for $5.8 billion to boost its position in the fast-growing fo...

  10. DuPont 3Q Net Tops Views; 2010 Forecast Increased

    DuPont (NYSE:DD), which makes chemicals, building materials and agricultural products, posted a higher-than-expected quarterly profit as sales rose in all six busine...

  11. DuPont execs say not seeing double-dip

    By Ernest ScheyderWILMINGTON, Del. (Reuters) - DuPont, whichmakes products in a wide range of industries such as chemicals, biotechnology and agriculture, is not see...

  1. DuPont CEO: Advanced Manufacturing is Alive in the U.S.

    DuPont CEO Ellen Kullman weighs in on the future of U.S. manufacturing.

  2. DuPont Profit Trumps Street View, Sales Miss

    Held back by weak electronics demand, chemicals giant DuPont (NYSE:DD) disclosed on Tuesday a 0.8% slip in fourth-quarter profits and weaker-than-expected revenue.Th...

  3. DuPont Eyes 2012 Earnings Beat with Sales Eclipsing $40B

    Chemical giant DuPont (NYSE:DD) said Tuesday it expects to beat Wall Street’s expectations next year by generating EPS growth of 12% to 17%.The upbeat forecast comes...

  4. Citing Soft Demand, DuPont Slashes '11 Forecast

    Hit by shrinking demand in the electronics industry and global uncertainty, chemical giant DuPont (NYSE:DD) downgraded its 2011 earnings guidance Friday below Wall S...

  5. DuPont Beats Street, Raises '11 EPS Forecast

    Boosted by a key price hike, DuPont (NYSE:DD) revealed third-quarter results on Tuesday that easily exceeded Wall Street’s expectations and led the chemical giant to...

  6. Obama Signs Patent Overhaul Into Law

    President Barack Obama on Friday praised Congress for sending him a bill that revamps the U.S. patent system, saying just before signing it into law that it will hel...

  7. DuPont's 2Q Surpasses Street's Expectations

    Chemical maker DuPont (NYSE:DD) revealed second-quarter results on Thursday that exceeded expectations, prompting the blue-chip company to upgrade its 2011 profit ou...

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