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Church & Dwight Co. Announces Exploring Strategic Options For Its Specialty Chemical Business In Brazil
Church & Dwight Co. announced that it is exploring strategic options for its Specialty Chemical business in Brazil. The business, which has annual revenues of approximately $40 million, markets sodium bicarbonate, dairy products and other chemicals in Brazil. Due to the limited anticipated future profitability of this business, the Company will incur a non-cash charge to earnings of approximately $0.10 per share in the fourth quarter of 2011, reflecting the establishment of a valuation allowance against deferred tax assets. Aside from the $0.10 charge, the Company remains confident in its previously announced full year earnings per share estimate for 2011.
Latest Developments for Church & Dwight Co Inc
- Church & Dwight Co Inc Declares Regular Quarterly Dividend
- Church & Dwight Co Inc Reaffirms FY 2013 Guidance; Comments On Q2 2013 Revenue Guidance; Issues Q2 2013 EPS Guidance Below Analysts' Estimates
- Church & Dwight Co Inc Issues FY 2013 Revenue Guidance Below Analysts' Estimates; Sees FY 2013 EPS Guidance At High End Of Prior Range; Issues Q1 2013 EPS Guidance In Line With Analysts' Estimates
- Church & Dwight Co Inc Raises FY 2012, 2013 EPS Guidance; Issues Q4 2012 EPS Guidance Below Analysts' Estimates
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