DuPont's Electronics & Communications and Industrial Biosciences units both posted double-digit sales growth of 11 percent over the same quarter last year. (Photo: Jennifer Corbett/THE NEWS JOURNAL)Buy PhotoDuPont's sales increased, but its overall profit dropped in the second quarter of 2017, its last as an independent company. Once the merger is completed, DowDuPont will be split within 18 to 24 months to form three publicly traded, independent companies. DuPont expects to complete its $130 billion merger with The Dow Chemical Co. in August. The agriculture unit, which accounts for about half of DuPont's revenue, posted $7.4 billion in sales, up 5 percent versus the prior year.
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The world's second-biggest memory chip maker behind Samsung Electronics Co Ltd <005930.KS> said April-June profit was 3.1 trillion won ($2.78 billion). SK Hynix said DRAM chip shipments rose 3 percent in the second quarter from January-March while average selling prices rose 11 percent. An SK Hynix spokesman on Tuesday said there is no change in company stance regarding the Toshiba sale. "Supply constraints are expected to gradually ease in the second half," SK Hynix said of both DRAM and NAND chips. That compared with a 3 trillion won Thomson Reuters StarMine SmartEstimate from a survey of 22 analysts.
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Domino's delivers Street-beating sales and profit
FILE PHOTO: The sign of a Domino's Pizza restaurant is seen in Paris, France, October 27, 2016. Domino's international same-store sales rose by 2.6 percent, but was below the company's expectations, Chief Executive J. Patrick Doyle said in a statement. (Reuters) - Domino's Pizza Inc (DPZ.N) reported better-than-expected quarterly revenue and profit, boosted by store openings, lower food costs and higher supply chain revenues from franchises. Domino's international outlets totaled 8,601 units, while in the United States it had 5,399 restaurants at the end of the quarter. The company's revenue rose 15 percent to $628.6 million, marking its fifth straight double-digit quarterly growth in percentage terms.The world's second-biggest memory chip maker behind Samsung Electronics Co Ltd <005930.KS> said April-June profit was 3.1 trillion won ($2.78 billion). SK Hynix said DRAM chip shipments rose 3 percent in the second quarter from January-March while average selling prices rose 11 percent. An SK Hynix spokesman on Tuesday said there is no change in company stance regarding the Toshiba sale. "Supply constraints are expected to gradually ease in the second half," SK Hynix said of both DRAM and NAND chips. That compared with a 3 trillion won Thomson Reuters StarMine SmartEstimate from a survey of 22 analysts.
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