Word: dupont
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Thus stain-resistant trousers. The idea of pants as a bib is one whose time has come. Levi's Dockers brand has unveiled its Go Khaki with Stain Defender line. Treated with DuPont Teflon, these trousers allow the wearer to spill any "oil or water-based liquid" (e.g., beer, salad dressing) and have it bead up and roll off. Earlier this year, Lee introduced its Performance Khaki, which uses Nano-Care, microscopic whiskers that repel spills...
...Investor's Guide to Nanotechnology and Micromachines. Only a handful of "pure play" nanotech stocks exist, including Nanophase Technologies, in Romeoville, Ill., which makes nanoscale powders, among them zinc oxide particles for sunscreen that won't turn lifeguards' noses white. Still, investors in behemoths such as Intel, Samsung and Dupont have been indirectly funding nanotech development for years...
...begin harnessing those billions in the service of a cleaner planet, Sandor plans by early next year to launch a trading forum called the Chicago Climate Exchange, in what would be the first U.S. marketplace for greenhouse-gas emissions. More than two dozen major U.S. companies, including Ford, DuPont and American Electric Power, plus five Mexican and Canadian firms, along with Chicago and Mexico City, have been involved in setting up the exchange and have expressed interest in participating, pending further negotiations. As a group, Sandor says, they represent emissions nearly equal to those of Germany...
...with part of the family. "From the beginning of this escapade, [Bronfman's uncle] Charles has been dead set against [it]," says a Bronfman-family insider. And to finance his $5.7 billion purchase of movie studio MCA/Universal in 1995, he sold Seagram's nearly 25% stake in chemical giant DuPont for $8.7 billion. Today the stake would be worth almost twice as much...
Those who like to pick stocks should stay with themes that have worked well this year. Stocks that tend to benefit from a recovery have risen, including industrials such as Boeing, Bandag, Cooper Industries and DuPont, all of which have trailing PEs of less than 19. But some, like power-systems giant Eaton, have become expensive. Even if rates rise, banks like Bank of America and Bank One, which have below-market PEs, should rise as loan demand and credit quality improve. And it may pay to think small. In general, small-cap and mid-cap companies have more attractive...