Amcol International (ACO -12.6%) is trading lower after Q2 results missed consensus, as gross...

|By:, SA News Editor

Amcol International (ACO -12.6%) is trading lower after Q2 results missed consensus, as gross margins deteriorated in each of the specialty mineral product maker's three major business segments. Fluctuations in foreign exchange rates boosted sales, but profits were hit by higher fuel and labor costs and reduced demand.