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Tuesday, February 14, 2012

DuPont stock prices feb 14 2012

DuPont stock prices feb 14 2012 : DuPont (NYSE: DD), down 1.9%, Sometimes, stocks drop despite seemingly good news. DuPont said that it would open a new facility in Beijing to develop new corn hybrids for Chinese farmers, hoping to improve sustainability in the emerging nation's agricultural industry and boosting its Pioneer seed business. As part of a growing network in China, the plant will increase DuPont's presence there, as will a strategic agreement announced yesterday with solar company Yingli Green Energy (NYS: YGE) to sell photovoltaic materials into the Chinese solar market.

Emerging markets have been a great source of growth, but when geopolitical events push emerging-market stocks down, stocks that stand to benefit from emerging growth also tend to drop. That seems to be what's hitting DuPont today, even if the longer-term implications of the moves seem positive.

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