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PolyOne Earnings Tumble on Charges

9:35 AM MDT | May 3, 2012 | Kara Sissell

PolyOne reported first quarter 2012 net income of $20.2 million, down 82% from the year-ago period, due in part to income reported a year ago from the sale of its stake in the SunBelt joint venture. Sales rose 9%, to $781 million. Reported earnings were 29 cts/share, up 12% compared with the year-ago quarter and 10% above mean analyst estimates as reported by Thomson Reuters....

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