People & Business :: Companies
Cytec Reports Loss, Cuts Dividend by 90%
4:11 PM MDT | April 16, 2009 | Vincent Valk
Excluding one-time items, net earnings were $2.7 million (6 cts/share), well below analyst estimates, as reported by Thomson Reuters (New York) of 28 cts/share. First-quarter revenues fell 37%, to $612 million....
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