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DuPont Profit Beats Estimates Ahead of Trian Vote
2015-04-21 15:23:59| Chemicals - Topix.net
DuPont Co., facing a proxy showdown with activist shareholder Trian Fund Management, posted better-than-expected first-quarter earnings after cutting costs and warned the stronger dollar is putting pressure on full-year profit. Earnings per share excluding some items was $1.34, Wilmington, Delaware-based DuPont said in a statement Tuesday, exceeding the $1.31 average estimate of 17 estimates in a Bloomberg survey.
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Category:Chemicals