Earnings roundup: Huntsman, Marsh & McLennan
Earnings roundup: Huntsman posts 4Q loss; Marsh & McLennan revenue, profit meet St. view
Among the earnings stories for Tuesday, Feb. 12, from The Associated Press:
— Shares of Huntsman slid after the chemical maker posted a fourth-quarter loss, hurt by restructuring costs and a loss on paying down debt.
— Marsh & McLennan Cos., a consulting and professional services firm, reported revenue and profit for the fourth quarter that met market expectations.
— Fidelity National Information Services Inc. said its fourth-quarter net income climbed 17 percent, free of impairment charges as revenue for its financial solutions segment increased.
— Capella Education Co. shares slipped after the online education company reported a drop in fourth-quarter revenue and profit due to lower enrollments.
— Vanda Pharmaceuticals Inc. took a wider fourth-quarter loss as it spent more money to develop an experimental sleep-disorder drug, and revenue from a schizophrenia drug slipped.
