Dupont (DD) Posts Q3 EPS of 23c, Misses Views; Cuts FY12 Outlook; Commences Restructuring

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Go back to Dupont (DD) Posts Q3 EPS of 23c, Misses Views; Cuts FY12 Outlook; Commences Restructuring

Global Slowdown Hits DuPont (DD); Misses Q3 Views, Drastically Cuts Outlook

October 23, 2012 7:59 AM EDT

DuPont (NYSE: DD) is showing some weakness Tuesday morning following third-quarter results that missed the boat and news that the company will be taking measures to trim costs moving forward.

Sales fell 9.2 percent to $7.39 billion, from $8.14 billion last year. Net income markedly dropped from $452... More