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People & Business :: Earnings/Finance

Celanese Adjusted Earnings Decline on Weak European Demand

9:58 AM MST | January 31, 2012 | Robert Westervelt

Celanese posted fourth-quarter net earnings of $95 million, up 64% from the year-ago period on narrower losses from discontinued operations. Reported adjusted earnings were 58 cts/share, down 21% from the prior year period on weaker-than-expected demand, particularly in Europe....

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