logo
Share SHARE
FONT-SIZE Plus   Neg

Dow Corning Corp Reports Q4 Net Income Of $260 Mln Vs $251 Mln Last Year

Dow Corning Corp (GLW) Friday reported fourth quarter net income of $260 million, 3% higher than net income of $251 million reported for the corresponding quarter last year.

Adjusted net income for the quarter, excluding special items, however, declined 53% to $76.8 million from $164 million reported for the same period last year.

Sales for the fourth quarter declined 4% to $1.52 billion from $1.58 billion reported last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
News Corp. (NWS, NWSA) on Thursday posted a loss for the third quarter, hurt largely by lower advertising revenue at news and information segment and a stronger dollar, partly offset by growth in the digital real estate business. The New York-based media company reported a third-quarter loss of $149... Action-sports camera maker GoPro Inc. (GPRO), Thursday posted a loss for the first quarter, as revenues nearly halved and margins dropped sharply reflecting weak demand for its wearable cameras. Loss for the quarter were higher than what Wall Street analysts estimated, but revenues trumped expectations. San... Activision Blizzard Inc. (ATVI) on Thursday reported a drop in profit for the first quarter, hurt by charges related to acquisition of King Digital Entertainment. Nevertheless, the video game publisher's profit and revenues trumped Wall Street estimates. Moving ahead, the company detailed a strong...
comments powered by Disqus
Follow RTT