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

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Dow Corning Corp (GLW: Quote) 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.

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