Handy & Harman earnings slide 15.6% in third quarter
Nov 12, 2012 | 04:56 PM
| Samuel Frizell
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Handy & Harman,
engineering materials,
tubing,
quarterly earnings,
Samuel Frizell
NEW YORK Handy & Harman Ltd. logged a second consecutive decline in net income during the third quarter as higher income taxes stifled returns.
Net income totaled $5.9 million for the three months ended Sept. 30, down 15.6 percent from a year earlier, on sales that fell 7.1 percent to $165.4 million from nearly $178 million.....
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