Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  DuPont    DD

DUPONT (DD)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Nations Turn To Companies For Help In Food Aid - US Officials

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/18/2012 | 12:15pm CEST
   By Bill Tomson 
   Of  
 

The U.S. and other donor countries will turn to corporations to assist in a renewed effort to prevent starvation and spur agricultural development in needy countries, U.S. government officials said, previewing what President Barack Obama will say in a speech Friday.

The speech comes a day before the Group of Eight highly industrialized nations begins meetings in Camp David, Md. At the 2009 G-8 summit in L'Aquila, Italy, the countries agreed to set up a $22 billion fund at the World Bank to combat hunger by helping impoverished countries improve farming practices.

But there likely will not be any specific target for government donations announced this time, said Rajiv Shah, administrator of the U.S. Agency for International Development and White House Deputy National Security Advisor for International Economic Affairs Mike Froman.

"Going forward, our goal is to recognize that this is going to be a long-term effort," Shah said. "It will take at least a decade to achieve our objectives, and we want to maintain ... the level of support on an annual basis that the L'Aquila pledges represented."

The new factor in the effort, he said, will be the involvement of the private sector. Companies like DuPont and Vodafone will be providing specialized assistance that governments could not, Shah said.

Corporations are expected to commit to more than $3 billion worth of assistance in the G-8 effort, Shah said, but often it is hard to put a value on their contributions. DuPont, he said, has pledged to send scientists to Ethiopia to help improve crop yields.

Another company which has committed to help is Vodafone, which will provide 500,000 small farmers with cellular service to give them instant access to market pricing information, Shah said.

"In previous studies ... we've found that that service alone helps farmers improve their incomes by 20% because they can negotiate better farm-gate prices with middlemen when they have that data at their fingertips," Shah said.

-By Bill Tomson, Dow Jones Newswires; 202-646-0088; bill.tomson@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DUPONT
08/10 DUPONT : Acquires Ag Software Company Granular to Accelerate Digital Ag Strategy..
08/07 DUPONT : and Dow Set Closing Date for Merger of Equals; All Conditions Satisfied..
08/07 DUPONT : and Dow Set Closing Date for Merger of Equals
08/04 DUPONT E I DE NEMOURS & CO : Entry into a Material Definitive Agreement, Other E..
08/01 DUPONT : Earnings Review and Free Research Report: DuPont’s Operating Earnings p..
07/31DJDOW CHEMICAL : Faces A Revolt As DuPont Deal Nears -- WSJ
07/30DJDOW CHEMICAL : How Dow Chemical Wants to Reshape Materials
07/30DJDOW CHEMICAL : How to Carve Up DowDuPont? Four Activists Sharpen Their Knives
07/27 DUPONT : Price hikes power Dow's results ahead of DuPont merger
07/27 DUPONT : ex-dividend day
More news
News from SeekingAlpha
08/20 Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q2 2017 Update
08/18 Top Gain Dow Dogs Are General Electric, IBM, & Pfizer Per Broker August Targe..
08/16 Picking Stocks Fantasy Football Style - Cramer's Mad Money (8/15/17)
08/15 Global Oligopolies - Investing In Concentrated Businesses
08/13 Tracking Nelson Peltz's Trian Fund Management Portfolio - Q2 2017 Update
Financials ($)
Sales 2017 25 571 M
EBIT 2017 4 611 M
Net income 2017 3 400 M
Debt 2017 1 725 M
Yield 2017 1,99%
P/E ratio 2017 20,80
P/E ratio 2018 19,22
EV / Sales 2017 2,82x
EV / Sales 2018 2,80x
Capitalization 70 448 M
Chart DUPONT
Duration : Period :
DuPont Technical Analysis Chart | DD | US2635341090 | 4-Traders
Technical analysis trends DUPONT
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 91,1 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Edward D. Breen Chairman & Chief Executive Officer
Nicholas C. Fanandakis Chief Financial Officer & Executive Vice President
Phuong Tram Chief Information Officer
Douglas W. Muzyka Senior VP, Chief Science & Technology Officer
Lois D. Juliber Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
DUPONT10.60%70 448
GENERAL ELECTRIC COMPANY-22.31%212 553
3M13.98%121 460
SIEMENS-4.71%110 906
HONEYWELL INTERNATIONAL17.26%102 639
JARDINE MATHESON HOLDINGS LIMITED16.85%47 145