Taxes dig into Handy & Harman’s profits

Aug 10, 2012 | 02:21 PM |

Tags  Handy & Harman, earnings, tubing, steel

CHICAGO — Handy & Harman Ltd. saw slimmer profits in the second quarter and first half of 2012 as taxes bit into results.

The White Plains, N.Y.-based diversified manufacturer posted net income of nearly $11 million for the three months ended June 30, down 34.7 percent from the same period last year although sales slipped just 0.1 percent to $187.2 million. First-half....

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