E.I. DuPont de Nemours & Company (NYSE:DD): The most recent monthly World Agricultural Supply and Demand Estimates report indicates that the USDA reduced its price outlook for corn which drops the season-average farm price by 20 cents at the midpoint and narrows its projected range to between $6.80 and $8.00 per bushel. Additionally, the USDA lowered its domestic season-average soybean price range for 2012/13 by 35 cents on both ends of the range to $13.55 to $15.55 per bushel.
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General Electric Company’s (NYSE:GE) GE Capital’s Commercial Distribution Finance division reported an increase in the floorplan and working capital credit facility for Red River, a firm based in Claremont, New Hampshire that specializes in supplying information tech hardware integration, maintenance and support services to the United States government. Red River’s credit facility with CDF has grown steadily from $500,000 five years ago to the current $80 million, permitting it to grow and fulfill raised customer demand during peak federal, state and local government and educational buying seasons.
Hewlett-Packard Company (NYSE:HPQ) recently announced that it won the contest for providing laptops to the Indian state of Uttar Pradesh with the firm ready to supply almost 1,500,000 laptops for students. Media reports say that Hewlett-Packard won the bid because it offered the lowest price.
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