logo
Share SHARE
FONT-SIZE Plus   Neg

Chemtura Posts Q4 Profit

Chemtura Corp. (CHMT) Monday reported fourth-quarter net earnings from continuing operations attributable to the company of $34 million or $0.34 per share, as compared to net loss of $367 million or $2.25 per share last year.

Net earnings attributable to Chemtura on a managed basis were $26 million or $0.26 per share, compared to $7 million or $0.04 per share last year.

Chemtura reported net sales of $677 million compared to $680 million last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Tech giant Apple Inc. has developed a new technology that will prohibit audiences using their iPhones to record concerts. The Cupertino, California-based company has secured a patent in the US for its new technology. The technology uses infrared signals to shut down cameras on audience members' smartphones. The... Snacks giant Mondelez International Inc. (MDLZ) made a takeover bid of $23 billion to acquire chocolate behemoth Hershey Co. (HSY) that would create the world's largest chocolate company. Nevertheless, shares of Hershey jumped over 15 percent after the company revealed that it has rejected the offer. "The... Mortgage rates dropped this week to the lowest level in more than three years hurt by the UK's shocking decision to exit European Union. Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 3.48 percent for the week ended...
comments powered by Disqus
Follow RTT