DuPont beats profit estimates, launches $5 bln share buyback plan
Source: Reuters
Nov 8 (Reuters) - DuPont de Nemours (DD.N) beat Wall Street expectations for third-quarter profit as strong demand for electronics and other industrial products helped it offset cost pressures, sending its shares up nearly 3% in premarket trading.The industrial materials maker also announced a new $5 billion share repurchase program and said it plans to retire $2.5 billion in long-term debt, but kept its…