DuPont reels from high energy prices
Article Abstract:
Wilmington, PA-based DuPont Co. still spends roughly $3 billion annually on oil and natural gas to supply its chemical works and other heavy manufacturing facilities, and it is still vulnerable to high energy costs. Although the company's shares are at a four-year low, DuPont vows it will not cut jobs, despite raising prices and pushing employees harder.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Stocks' 3d-quarter drop felt here
Article Abstract:
Philadelphia-area companies reflected a national trend where nearly three-fifths of the 263 publicly traded companies lost its share value. The surveys showed that the consumers and business owners are still optimistic because of the higher oil prices and loan rates that boosted costs and depressed the profit outlook for many stocks.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Advanta warns of lower profits
Article Abstract:
The article discusses Advanta Corp.'s slumping mortgage, leasing and credit-card businesses, and how the company is again warning investors to expect lower profits. In heavy trading on the Nasdaq stock market, Advanta stock fell to its lowest value in nine years.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Turning green with energy. Merger plan improves Peco image
- Abstracts: Tenet Healthcare to sell 27 hospitals, aiming to enhance long-term growth. Genesis Health: Chapter 11 Filing
- Abstracts: Armstrong unit files bankruptcy protection plea. Aramark files for public offering
- Abstracts: Virtua, duPont hospitals link care. Penn system is recovering much faster than expected. Activists target Campbell to protest bioengineered foods
- Abstracts: 367 jobs go the way of the suit at work. Hershey will shut 3 plants, cut jobs. Pep Boys losing stores and jobs