DuPont Co., the maker of Pioneer genetically modified corn, reported lower-than-expected first- quarter sales and earnings after North American farmers delay preparations for planting because of severe winter weather.
Potash Corp. of Saskatchewan Inc. Chief Executive Officer Bill Doyle, who fended off BHP Billiton Ltd.’s hostile takeover bid for the Canadian fertilizer producer only to later lose a price war with a Russian rival, will step down after almost 15 years.
DuPont Co.’s Pioneer seed unit said in 2005 it would make herbicide-tolerant soybeans and corn within five years to challenge the dominance of seeds with Monsanto Co.’s widely licensed Roundup Ready trait.
North American fertilizer production projects totaling $22 billion may be at risk of delay amid increased scrutiny from regulators and communities after last week’s explosion at a Texas plant killed 14 people.
Potash Corp. of Saskatchewan Inc.’s decision to cut 18 percent of its workforce and reduce capacity probably foreshadows similar actions by North American rivals amid a price war in the $20 billion global potash market.
Airgas Inc. , trying to fend off a $5.5 billion hostile bid from Air Products & Chemicals Inc. , lost a bid to invalidate a new bylaw that shortens the date for the company’s annual meeting, paving the way for a takeover.
A former paralegal told Florida investigators that workers at a law firm that processed foreclosures signed paperwork without reading it, misdated records and skirted rules protecting homeowners in the military.