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  "documentTitle": "E.I. du Pont de Nemours and Company (DuPont) (DD)",
  "authorId": "06_Trian_Partners",
  "authorName": "Nelson Peltz",
  "documentKindSlug": "activist-deck",
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  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2015-04-21 00:00:00",
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  "pageNumber": 12,
  "pageCount": 87,
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  "nDataPoints": 10,
  "notes": "The chart uses a dual-axis line/scatter hybrid to contrast stock price (blue) with EPS (red).",
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      "text": "We believe DuPont's recent share price performance reflects the market's desire for Trian's involvement",
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      "kind": "chart",
      "text": "DuPont Stock Price vs. Actual/Guided EPS",
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      "text": "DuPont's stock price has risen ~45% since Trian's initial investment, yet EPS is below 2011 levels\nWhile DuPont boasts about its total return of 266% from 12/31/08 to 12/31/14, 116% of that return resulted from share price appreciation after Trian invested(1)\nWe believe DuPont's recent share price performance reflects the market's desire for Trian's involvement(2)",
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      "text": "EPS: 45%",
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      "kind": "source-note",
      "text": "Source: Capital IQ, DuPont Press Releases and transcripts of earnings release conference calls. (1) Source: DuPont presentation filed 1/9/15. 116% accounts for impact of share price appreciation from March 15, 2013 (date of Trian's initial investment) to December 31, 2014. (2) While Trian believes that such share price appreciation is attributable to Trian's involvement as a DuPont stockholder, there is no objective method to confirm what portion of such appreciation was attributable to Trian's involvement and what portion may have been attributable to other factors. (3) Represents announcement of Fresh Start Initiative, a $1bn cost saving plan, at the time, that includes $375m of costs transferred to Performance Chemicals. DuPont increased total program size to $1.3bn on 1/27/2015.",
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      "kind": "title",
      "text": "Recent Stock Price Strength Not Driven By Fundamentals",
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