Ashland says Q4 earnings fell 84%
The 84% decrease in its fiscal fourth-quarter earnings vs. the same period a year ago owes to challenging conditions in the trucking and housing markets in the U.S., Ashland said. "Weak conditions in the North American building and construction markets and a difficult environment in the transportation markets have challenged Ashland Performance Materials and Ashland Distribution all year and especially in the fourth quarter," CEO James O'Brien said. CNNMoney.com/Dow Jones Newswires (10/29)