date:Jul 28, 2014
DuPont, the world's second-largest seed maker, said its agriculture business would not improve in the current quarter as it struggles to cope with farmers' preference for soybean rather than corn, the mainstay of the business. The company, whose stock closed down nearly one percent on July 22, said it expects the agriculture unit to post a similar third-quarter loss as the prior year, which was the last quarter the unit lost money.
DuPont, which employs about 60,000 people, also plans to cut i