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Markets :: Basic Chemicals :: Inorganic Chemicals :: Titanium Dioxide

Kronos swings to profit

4:55 PM MDT | March 13, 2014 | Clay Boswell

Kronos Worldwide reports net income of $2.9 million for the fourth quarter of 2013, up from a loss of $18.1 million in the year-ago period. Earnings per share totaled 3 cents, below the analysts’ consensus estimate of 6 cents, owing to a $9 million one-time charge related to a labor settlement. Excluding the settlement, earnings were 8 cents/share....

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