Specialty-chemicals maker Omnova Solutions (OMN +8%) pops as FQ3 earnings easily topped...

|By:, SA News Editor

Specialty-chemicals maker Omnova Solutions (OMN +8%) pops as FQ3 earnings easily topped estimates. Profits tanked 89% Y/Y due to lower volume, which was largely expected, but margins were better as the company reduced expenses. Core profit also rose as the market easily absorbed higher prices. The company says it expects to reach the top end of its full-year earnings projection.