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>> DUPONT Latest News

JAN 28, 2014 - Boston Herald

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DuPont's 4Q profit tops view, plans $5B buyback

DOVER, Del. — DuPont Co. said Tuesday that strong seed and insecticide sales, lower taxes and cost controls helped double its fourth-quarter net income, and the chemicals giant announced plans to buy back $5 billion of its shares to boost shareholder returns.DuPont's adjusted earnings beat Wall Street expectations, though revenue fell short. Its shares slipped 1 percent to close at $59.57 as the broader markets ticked up slightly. The stock is still up 24 percent in the past 12 months.

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