Rockwood Holdings 2012 Q1 Profit Dropped 57%

CBS News reported that Rockwood Holdings (NYSE:ROC) 2012 first-quarter profit dropped 57%.

As quoted in the market news:

During the quarter ended March 31, it earned $75.8 million, or 94 cents per share, compared to $178 million, or $2.24 per share. Excluding discontinued business, the company’s year-ago income from continuing operations was $63.3 million, or 80 cents per share.

Click here to read the full CBS News report.