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AUG 05, 2013 - Washington Business Journal

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Rockwood, Alexander’s profits fall; Medallion Financial up

Quarterly profits for manufacturer Rockwood Holdings Inc. and real estate investment trust Alexander’s Inc. dropped from a year ago, while Medallion Financial Corp. posted an increase in earnings. Rockwood Holdings Inc. (NYSE: ROC), a Princeton, N.J.-based specialty chemicals manufacturer, said its second-quarter profits dropped 86 percent to $32.3 million, or 41 cents per share, from $224.9 million, or $2.81 per share, a year ago when it had an income tax benefit of $125.8 million. Excluding…

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