Thank Nelson Peltz for DuPont profit beat: Analyst

April 21, 2015 1:08 PM

52 0

DuPont faces an "awfully tough environment" with a "huge amount of foreign exchange headwinds," but there are positive indicators in the earnings report, Connelly said. DuPont is finally cutting out costs, something the company should have done in 2010, he added.

The company is suffering in the short term from the spinoff of its volatile titanium dioxide business, which was one of its best units for absorbing fixed costs, according to Connelly. However, he said it was the right decision, and once again credited Peltz for pushing DuPont to move its performanc...

Read more

To category page