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DuPont says first-quarter net income soars

The DuPont Co. said its net income more than doubled in the first quarter on a gain from the sale of its performance coatings unit and strong continuing results in its agricultural unit. DuPont, based in Wilmington, Del., reported net income of $3.35 billion or $3.58 per share for the quarter ended March 31. That’s up from $1.49 billion, or $1.58 per share, a year ago. Revenue increased 2 percent to $10.4 billion, matching Wall Street expectations, with 4 percent volume growth in North American and Latin America. Sales were flat in the Asia-Pacific region and down slightly in Europe, the Middle East and Africa. Overall, global volume was up 2 percent. DuPont’s results include net income from discontinued operations after taxes of $1.9 billi

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