Dupont said the current version of the trait in corn does not meet Pioneer’s high yield standards, forcing Pioneer to reset its plans to commercialize its Optimum GAT corn as well as eliminating the controlled releases scheduled for 2010 and 2011 in North America.
Dupont's stock was down $2.46, or 7 percent, to $32.39 in afternoon trading.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine
