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Tredegar Q3 Profit Plunges
(RTTNews) - Industrial manufacturer Tredegar Corp. (TG) reported Wednesday that net income for the third-quarter plunged to $1.03 million or $0.03 per share from $6.20 million or $0.19 per share in the prior-year quarter.
Excluding items, adjusted net income from ongoing operations were $0.14 per share, compared to $0.22 per share in the year-ago quarter.
Total sales for the quarter grew to $238.49 million from $209.52 million in the same quarter last year.
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Tredegar Swings To Profit In Q2
Industrial manufacturer Tredegar Corp. (TG) reported Wednesday net income for the second quarter was $8.79 million or $0.26 per share, compared to a net loss of $18.92 million or $0.56 per share in the prior-year quarter.
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Tredegar Says Brazilian Regulator Recommends Rejection Of Sale Of Terphane To Oben Group
Industrial manufacturer Tredegar Corp. (TG) announced Thursday that, as part of the Brazilian merger review process regarding the sale of Terphane to Oben Group, the General Superintendence of the Administrative Council for Economic Defense (SG-CADE) issued a non-binding opinion recommending the rejection of the transaction.
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466 days ago
Tredegar Q4 Net Loss Sharply Widens
Industrial manufacturer Tredegar Corp. (TG) reported Friday a net loss for the fourth quarter that sharply widened to $35.59 million or $1.04 per share from $3.87 million or $0.11 per share in the prior-year quarter.
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528 days ago
Antipodean Currencies Traded Higher Amid Risk-on Mood
The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
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European Shares Inch Lower As Focus Shifts To Inflation Readings
European stocks drifted lower on Monday ahead of key inflation releases from Germany, France, Italy, and Spain due later in the week.
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Asian Shares Rise As Powell Signals Rate Cuts
Asian stocks rose broadly on Monday as Federal Reserve Chair Jerome Powell's dovish signals at the Jackson Hole symposium opened the door to an interest rate cut next month.
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1h 29min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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2h 12min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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2h 17min ago
