THE QUARTER: DuPont Co. said Thursday its second-quarter earnings rose 5 percent as the benefit of surging revenue was partly offset by acquisition costs.
THE REASONS: DuPont attributed its results to strong sales and higher prices in its agriculture, performance chemicals and safety and protection units, as well as benefits from its acquisition of Danisco, a Danish food additives maker.
THE YEAR: The chemical maker also raised its outlook for the year. The company now expects to earn $3.90 to $4.05 per share. Analysts expect $3.88 per share.