IHS Chemical Week

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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