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More on Du Pont (DD) Q3: net income falls to $10M from $452M a year earlier. Announces...

More on Du Pont (DD) Q3: net income falls to $10M from $452M a year earlier. Announces restructure to make pretax cost savings of $450M ($300M in 2013), will cut 1,500 jobs globally in the next 12-18 months. Forecasts FY adjusted EPS from continuing operations at $3.25-$3.30 vs $3.55 in 2011 and consensus of $3.93. Shares -3.5%. (PR)

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Comments (1)
  • WisPokerGuy
    , contributor
    Comments (942) | Send Message
     
    Code name for DuPont = "Serial Disappointer"
    23 Oct 2012, 09:48 AM Reply Like
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