Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (4567)	10/3/2002 3:09:46 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 57110

i should think even a politician would understand the adage..."half a loaf is better than none" (well.....maybe not<g>) yes stanley works chickened out due to the political environment at the time....but if stanley works decides it can best keep it's work force employed by incorporating outside the u.s. i think they can make that case very well....(how quickly things change in a jobless "recovery") in case anybody doesn't notice...taxes "count"....especially in a deflationary environment where costs cannot be passed along...our american businesses have to wring out every bit of profitability from every source... cbs.marketwatch.com DuPont ups Q3 profit as high as 54% By Jennifer Waters, CBS.MarketWatch.com Last Update: 10:02 AM ET Oct. 3, 2002 WILMINGTON, Del. (CBS.MW) - DuPont said Thursday that favorable income tax rates will pump as much as 54 percent more into the chemical company's third-quarter profits. Shareholders were happy with that news, which came a day after the company lost close to 6 percent after rival Dow(DOW: news, chart, profile) Chemical warned its earnings would fall short of expectations. DuPont (DD: news, chart, profile) burst open at $38.46, up $1.15, or better than 3 percent. Dow (DOW: news, chart, profile) shares ticked higher by 4 cents to $27.29. The company said a lower-than-expected tax would produce earnings, before one-time items, in a range of 35 cents to 37 cents a share. Even on the low end, that's nearly 46 percent higher than the 24 cents a share average sitting at Thomson First Call. A year ago, DuPont made 12 cents a share in so-called "underlying" earnings. The company said that the pretax outcome would "modestly" surpass expectations. The results will be released Oct. 23.