Do Not Take DuPont's Downward Revision Lightly; Signals Fourth-Quarter Earnings Season May Disappoint
publication date: Dec 9, 2011
DuPont lowered its fourth-quarter earnings guidance on the heels of weaker-than-expected demand in the consumer electronics and housing markets. We are not taking this revision lightly and may start raising some cash in our Best Ideas portfolio in anticipation of a generally lower-than-expected fourth-quarter earnings season.
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