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DuPont Profit Tops Estimates; 2010 Forecast Raised

DuPont Co., the third-biggest U.S. chemical maker, reported second-quarter profit that beat analysts’ estimates and raised its full-year earnings forecast amid improving global demand.

Second-quarter profit excluding some items was $1.17 a share, topping the 94-cent average estimate of 10 analysts surveyed by Bloomberg. Earnings excluding some items will be $2.90 to $3.05 a share in 2010, exceeding a previous prediction of $2.50 to $2.70 and the $2.64 average estimate of 14 analysts in the Bloomberg survey.