NEW YORK — Stronger third-quarter results in DuPont’s textiles and interiors division, along with a lower estimated tax rate for the year and strength in other units, helped the firm top Wall Street’s expectations.

Investors, however, traded down shares of the firm 78 cents, or 1.9 percent, to close at $40.97 on the New York Stock Exchange Wednesday. Despite the drop at DuPont, a Dow Jones Industrial Average component, the Dow managed a 44.11 point, or 0.5 percent, climb for the day, to 8,494.27.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus