DuPont Forecast Disappoints as Strong Dollar Erodes Revenue

Updated on
  • Chemical company posts first quarterly loss since 2008
  • Sees `difficult' conditions in agriculture continuing

DuPont Co., which agreed last month to a historic merger with Dow Chemical Co., forecast lower-than-expected full-year earnings and sales as the chemical company struggles with the effects of a strengthening dollar and weak demand for its agriculture products.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.