DuPont FOCUSING on Long-Term Sales and 3 Dow Movers Not to Miss
The Boeing Company (NYSE:BA): A proposed European aerospace and defense super-merger between European Aeronautic Defence and Space (EADSY.PK) and BAE Systems (BAESY.PK), might trigger the biggest shake-up among the United States’ rivals in almost 20 years, says the Wall Street Journal.
Don’t Miss: AIG: US Taxpayers, You are (Almost) Free.
Bank of America Corporation (NYSE:BAC): Some economists are dubious regarding economic benefits from another round of bond buying by the Federal Reserve, although that would be the course of action that most think the central bank will announce when its latest policy meeting concludes later Thursday, according to the most recent forecasting survey by the Wall Street Journal.
Cisco Systems, Inc. (NASDAQ:CSCO): Tablet PCs are forecast to reduce e-book reader and notebook sales in the second half of 2012, says DigiTimes, citing market observers, adding that tablet products such as the Kindle Fire HD, Nexus 7, and the reported 7.85-inch iPad are enjoying higher demand.
E.I. DuPont de Nemours and Company (NYSE:DD) has said in conference presentation slides that it will maintain a target of long-term sales, or compound annual growth rate, of 7 percent and long-term earnings CAGR of 12 percent, while excluding significant items. In addition, the firm it expects the Performance Coatings sale to close in the first quarter of next year.
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