Celanese Corp. (CE) Reports Positive Quarter
Celanese Corp. (NYSE:CE - News) shares gained 5.2% after the company reported third-quarter earnings of $109 million, or 64 cents a share, up from a year-ago profit of $45 million, or 26 cents a share. Sales rose 10% in the latest three months to $1.69 billion. Looking ahead, the Dallas-based chemicals company lifted its low end of its outlook to earnings of $2.70 to $2.80 per share from a prior projection for a profit of $2.50 to $2.80 per share.
posted by Stock Administrator @ 10:28 PM
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