Corteva Cuts Annual Profit Forecast After Brazil Weakness
Corteva shares slid after weakness in Brazil prompted the company to cut its annual profit forecast.
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03:49:51 PM UTC
SquawkNews
Corteva NYSE:CTVA shares slid to their lowest in a year on Thursday after the US agrichemicals company slashed its annual profit forecast due to continued weakness in Brazilian markets.The company expects full-year adjusted profit to be between 76 cents and 80 cents per share, compared with $3.60 t…