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Talk about slapping lipstick on the proverbial pig!
Oct 20 16:58 pm
|Rating:
+1
-2
All Comments by funfun »E. I. du Pont de Nemours and Company Q3 2009 Earnings Call Transcript [View article]
DuPont Executive Vice President, Jeffrey Keefer brags disingenuously, if not deceptively,
"DuPont had a strong third quarter..."
What in the world is he blabbering about?
Revenues cratered, down 20%!
World-wide volumes were down 12%!
Earnings per share were flat, if the nickel in tax benefits is factored out.
And Keefer goes on with his snake oil pitch,
"After accounting for the tax benefit, stilll a very, very, solid quarter"
Fellow investors, that is VERY, VERY misleading and distorting to frame one of the sickest, weakest DuPont quarters in memory in such a dishonest fashion! ...funfun..