Ellen Kullman, Dupont chairman and CEO, is focused on 3 strategic priorities for the company including the science of extending leadership in agriculture and nutrition, strengthening its advance materials portfolio, and building out industrial bio-science. Agriculture is the one consistent thing around the world going strong, Kullman adds.» Read More
Jan 28- DuPont's quarterly profit doubled, beating market estimates, as its strong push into agriculture paid off, and the chemical maker said it would buy back $5 billion in stock. DuPont shares were up about 2 percent at $61.30 in premarket trading on Tuesday.
Jan 28- DuPont posted a quarterly profit that doubled and beat market estimates, helped by higher margins at its businesses that sell seeds and make materials for solar panels. Dupont is concentrating on growing its high-margin agriculture, food, specialty materials, and alternative energy businesses.
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Oct 24- DuPont said on Thursday it will spin off its titanium dioxide unit into a separately traded public company within 18 months, bowing to intense pressure from Wall Street to divest the volatile business.
Oct 22- DuPont, the largest U.S. chemical maker by sales, said it expects earnings to more than double this quarter as its fast-growing agriculture business overcomes seasonal weakness. "The story is going to be all about agriculture," said Piper Jaffray analyst Mike Ritzenthaler.
Oct 23- DuPont slashed its earnings forecast, reported a lower-than-expected quarterly profit and announced 1,500 job cuts on Tuesday, signs that demand for the chemical company's lucrative paint and solar products is slipping around the world. Shares of DuPont, a component of the Dow Jones industrial average, fell more than 9 percent in midday trading.
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