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The Carlyle Group said Monday that it has completed its acquisition of DuPont Co.' s performance coatings business for $4.9 billion. DuPont had said in August, when the deal was announced, that it wanted to focus on more profitable and faster-growing businesses, such as agriculture and advanced materials.
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NEW YORK, Feb 4- Potash miner Prospect Global Resources Inc won't open its first mine until at least 2015, but the American upstart is already upsetting the multibillion-dollar fertilizer industry where a few players control a crucial ingredient in the global food chain.
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NEW YORK-- Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 39 or 1.2 percent, to $32.59. DuPont Co. rose$. 53 or 1.1 percent, to $47.98.
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NEW YORK-- Shares of some top chemicals companies are up at 1 p.m.:. Dow Chemical Co. rose$. 30 or. 9 percent, to $32.50. DuPont Co. rose$. 51 or 1.1 percent, to $47.96.
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NEW YORK-- LyondellBasell Industries NV, which refines oil and makes chemicals and plastics used in manufacturing and construction, returned to a profit in its fourth quarter free of charges to refinance and shut down a French refinery.
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NEW YORK-- Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose$. 08 or. 2 percent, to $32.28. DuPont Co. rose$. 15 or. 3 percent, to $47.60.
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NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell $2.41 or 7.0 percent, to $32.20. DuPont Co. fell$. 18 or. 4 percent, to $47.45.
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*Sees 2013 EPS of $2.75- $3.25; Wall Street view $3.18. Jan 31- Potash Corp of Saskatchewan forecast a modest rebound in earnings for 2013, with key importers in China and eventually India resuming purchases of the crop nutrient potash, but the company's recovery will be more gradual than expected.
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NEW YORK-- Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. fell $1.76 or 5.1 percent, to $32.85. DuPont Co. rose$. 15 or. 3 percent, to $47.78.
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*Forecasts 2013 profit of $2.75- $3.25/ share; Wall Street view $3.18. Potash Corp, the world's biggest fertilizer company, reported a surprisingly large drop in fourth-quarter profit on Thursday and gave a first-quarter outlook below Wall Street's forecast.
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NEW YORK-- Shares of some top chemicals companies are mixed at 10 a.m.:. Dow Chemical Co. fell $1.64 or 4.7 percent, to $32.97. DuPont Co. rose$. 12 or. 3 percent, to $47.75.
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*Forecasts 2013 profit of $2.75- $3.25/ share; Wall Street view $3.18. Jan 31- Potash Corp of Saskatchewan forecast a modest rebound in earnings for 2013, with key importers in China and eventually India resuming purchases of the crop nutrient potash, but the company's recovery will be more gradual than expected.
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NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 12 or. 3 percent, to $34.61. DuPont Co. fell$. 33 or. 7 percent, to $47.63.
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NEW YORK-- Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. rose$. 01 or percent, to $34.74. DuPont Co. fell$. 26 or. 5 percent, to $47.70.
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NEW YORK-- Shares of some top chemicals companies are down at 10 a.m.:. Dow Chemical Co. fell$. 13 or. 4 percent, to $34.60. DuPont Co. fell$. 31 or. 6 percent, to $47.65.
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NEW YORK-- Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. rose$. 31 or. 9 percent, to $34.73. DuPont Co. fell$. 19 or. 4 percent, to $47.96.
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NEW YORK-- Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. rose$. 16 or. 5 percent, to $34.58. DuPont Co. fell$. 13 or. 3 percent, to $48.02.
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NEW YORK-- Shares of some top chemicals companies are down at 10 a.m.:. Dow Chemical Co. fell$. 05 or. 1 percent, to $34.37. DuPont Co. fell$. 12 or. 2 percent, to $48.03.
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COVINGTON, Ky.-- Ashland Inc. said Tuesday its fiscal first-quarter net income jumped 66 percent, boosted by a gain related to an insurance settlement. For the quarter ended Dec. 31, the Covington, Ky.- based chemical company earned $101 million, or $1.26 per share, compared with $61 million, or 77 cents per share, in the same quarter last year.
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NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 16 or. 5 percent, to $34.42. DuPont Co. fell$. 18 or. 4 percent, to $48.15.