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Zacks #1 Stocks on the Move 05/23/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 5.21% |
| CYNOSURE INC | CYNO | 4.42% |
| DAWSON GEOPH | DWSN | 4.33% |
| MARRIOTT VAC | VAC | 3.27% |
| BLOOMIN' | BLMN | 2.93% |
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Profit tumbled year over year due to lower demand across titanium dioxide and photovoltaic markets. DuPont witnessed weakness across a number of end markets in the quarter. The company reduced its earnings forecast for 2012 and announced a restructuring plan that includes headcount reductions.
DuPont is exposed to raw material cost inflation and currency headwinds and is witnessing a decline in sales volumes across many segments. Moreover, sluggish economic conditions may continue to dent its results going forward.
Read the full Analyst Report on DD