Albemarle Swings to Third-Quarter Profit
Albemarle reported a third-quarter profit versus a loss a year earlier, citing higher lithium prices, stronger Specialties pricing and volumes, and cost improvements.
WASHINGTON (dpa-AFX) - Specialty chemicals company Albemarle Corporation (ALB) on Wednesday reported a third-quarter profit, compared with a year-ago loss, as higher lithium prices, stronger pricing and volumes in its Specialties business, and cost improvements helped results.Net income attributabl…