DuPont Drives Cost-Cutting to Improve Cash Flows; Timeline for Dow Merger Pushed Back Again
DuPont ended 2016 on a relatively strong note, primarily thanks to its aggressive cost-cutting initiatives. The company was able to push operating earnings up 21% year over year in 2016, despite a tough industry backdrop in its important agriculture business and sluggish economic growth in some of its major markets.Cost-cutting has been a primary focus of DuPont's new management team, with the company pushing for improvement not only in operating costs but also in working capital and capital ex...
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