Higher shipments boost Timet 3d-qtr. earnings
Nov 03, 2011 | 02:23 PM
| Frank Haflich
Tags
Titanium,
Timet,
commercial aerospace
LOS ANGELES — Increased shipments of both melted and mill products, along with higher prices for the former, helped boost Titanium Metals Corp.’s earnings 19.4 percent in the third quarter.
The Dallas-based producer posted net income of $25.9 million for the three months ended Sept. 30 on sales that rose 24.8 percent from the same period last year to $262.5 million. ....
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