SPORTS
By Don Markus | June 12, 2007
Despite a slight increase in attendance this year to more than 92,000 for the week, and another scintillating finish Sunday, the founding co-chairman of the McDonald's LPGA Championship openly questions the support the tournament is receiving from the corporate community and the state of Maryland. As a result, the long-term future of the event remaining in Harford County is up for debate. "I wouldn't say there's [an immediate] concern about the future of the tournament here - we have a couple of years on the contract - but we're definitely concerned that the numbers are going down and we're hoping to figure out ways for them to go back up," Frank Quinn said Sunday afternoon.
BUSINESS
By BLOOMBERG NEWS | July 2, 1999
WILMINGTON, Del. -- DuPont Co., the biggest U.S. chemical company, said yesterday that it will cut 800 jobs in its agricultural chemicals business, or about 15 percent of the unit's work force, to trim costs and boost profit.The cuts would result in pretax savings of $200 million annually in DuPont's crop protection business, which makes herbicides, fungicides and insecticides used on soybeans, corn and other grains, the company said. DuPont expects to take an unspecified third-quarter charge for the job cuts and is also considering writing off assets.
BUSINESS
By BLOOMBERG NEWS | June 8, 1999
WILMINGTON, Del. -- DuPont Co., the largest U.S. chemicals company, said yesterday that it will eliminate 1,400 jobs in its money-losing polyester business, about 14 percent of the unit's work force, and cut production to save $90 million a year.The maker of Dacron polyester and Stainmaster carpet fibers said it will trim 800 DuPont positions and end contracts with other companies that affect 600 jobs. About 80 percent of the job cuts will be in North America.DuPont expects to take charges of 4 cents a share in the second quarter for severance pay and 2 cents to 4 cents a share for asset write-offs.
BUSINESS
By BLOOMBERG NEWS | July 8, 1999
WILMINGTON, Del. -- DuPont Co. said yesterday that it will cut 1,300 jobs, or 8.7 percent of the work force, in its coatings unit as it integrates the Herberts paint business it bought for $1.8 billion from Germany's Hoechst AG.DuPont, the biggest U.S. chemical company, said it will shut six Herberts plants in Europe, Mexico and Brazil and shed 500 manufacturing jobs and 800 corporate positions over the next nine months.The moves were anticipated at the time of purchase and won't hurt 1999 earnings, the company said.
NEWS
December 5, 1999
1937: Insulin controls diabetes1938: Dupont markets nylon1938: Minimum wage law passed1939: Uranium atoms split
BUSINESS
By BLOOMBERG NEWS | March 11, 1999
WILMINGTON, Del. -- DuPont Co., the biggest U.S. chemicals company, said yesterday that it will issue a new class of stock to track the performance of its life sciences business and expand the unit through alliances and acquisitions.The company said it is discussing alliances with unspecified pharmaceutical companies to build up its relatively small drug business this year, and is looking to expand in other life sciences including agriculture, biotechnology and nutrition.The plan comes about a year after DuPont said it would increase its focus on life sciences, which are generally faster-growing than its traditional chemicals businesses.
SPORTS
By Tom Keyser | June 4, 1999
ELMONT, N.Y. -- Allen Jerkens began earning his nickname, "Giant Killer," in 1962 when his horse, Beau Purple, twice upset the incomparable Kelso.The wily Hall of Fame trainer will try again tomorrow in the 131st Belmont Stakes to slay another giant, Charismatic, as he attempts to win the Triple Crown. But this time, instead of trying to defeat a horse of Allaire duPont's -- she owned Kelso -- Jerkens will attempt to spring the upset with a horse duPont owns, Best of Luck.DuPont bred Best of Luck -- and Kelso and other stakes winners -- at her Woodstock Farm in Cecil County.
BUSINESS
By BLOOMBERG NEWS | March 16, 1999
WILMINGTON, Del. -- DuPont Co. has agreed to buy the 80 percent of Pioneer Hi-Bred International Inc. that it does not already own for $7.7 billion in cash and stock, or $40 a share, to boost its growing agriculture unit.Des Moines, Iowa-based Pioneer Hi-Bred, the world's largest seed-corn company, has annual sales of $1.8 billion from genetically enhanced grains and feed additives.DuPont said it would pay cash for 45 percent of the shares and stock for the rest. The offer is an 81 percent premium over Pioneer's closing price Wednesday, before news of discussions between the two companies lifted Pioneer's shares.
BUSINESS
By BLOOMBERG NEWS | July 10, 1998
NEW YORK -- U.S. stocks fell yesterday, after DuPont Co., the largest U.S. chemicals company, warned that its second-quarter earnings will be below analysts' forecasts.The Dow Jones industrial average dropped 85.19 to 9,089.78, its biggest loss in almost three weeks. The Standard & Poor's 500 index declined 7.81 to 1,158.56.The Nasdaq composite index gained 4.43 to 1,939.82, its second consecutive record.Among other broad indexes, the Russell 2,000 index of small capitalization stocks inched up .03 to 460.00; the Wilshire 5,000 index lost 56.92 to 10,879.
NEWS
By Park Dietz | February 2, 1998
SCHIZOPHRENIA is a terrible disease that can profoundly alter a person's perception of reality.In the paranoid form of the illness, the patient may experience frightening hallucinations or delusions.A family member, a neighbor or a passing stranger may be perceived as a malevolent impostor, a threatening robot or an attacking demon.Burnt toastSome patients believe that their thoughts are being broadcast to others, that transmitters have been placed in their bodies or that they are under electronic surveillence wherever they go.A burnt slice of toast, an unlucky number on the license plate of a passing car or a frown from the boss are not only taken as intentional harassment, but are cited as clues to the identity of a persecutor and evidence of the conspirator's omnipotence.