Business news in brief

0 Comments | Philadelphia Inquirer, The, April, 2006

IN THE REGION

Rohm & Haas expects 29% leap in quarterly profit

Rohm & Haas Co. said yesterday that first-quarter per-share earnings were likely to be 29 percent higher than year-ago earnings. Higher profit was coming in while oil prices were soaring, which typically has added costs to chemical-company operations. The Philadelphia company said it expected to earn

from 90 to 93 cents a share in the first quarter, compared

with 70 cents a share a year ago. Rohm & Haas said it had strong performances in its electronics materials division, which sells specialty chemicals to computer-chipmakers, and in its largest chemical businesses. The company will announce first-quarter sales and earnings on April 24. Rohm & Haas shares rose 1 percent, or 50 cents a...

Premium Content Partnership | MyWire provides an in-depth online archive library of reference works. MyWire
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)