DuPont profit doubles in fourth quarter

LONDON (MarketWatch)
E.I. DuPont de Nemours & Co.  reported a doubling in net profit for the fourth quarter and said it will start a $5 billion share-repurchase program
The chemicals company said profit rose to $185 million, or 20 cents a share, up from $92 million, or 9 cents a share, in the year-ago period
Operating, or adjusted, profit climbed to 59 cents a share from 20 cents last year
Revenue came in at $7.84 billion, up from the $7.57 billion in the same quarter last year Analysts surveyed by FactSet expected adjusted earnings of 55 cents a share on revenue of $7.81 billion
For 2014, DuPont said it expects operating earnings between $4.20 and $4.45 per share