Chase Corp. rises as Q2 income jumps
Shares of Chase Corp. (AMEX:CCF) are sprinting ahead on news after the close on Tuesday that fiscal second-quarter profit increased 36%. The Bridgewater, Mass.-based maker of protective materials reported that profit for the three months ended Feb. 29 was $1.87 million, or $0.22 per share, compared with earnings of $1.37 million, or $0.16 per share, a year earlier.
At 11:25 a.m. ET, the stock had gained $1.36, or 6%, to $22.59. For detailed price information and recent news stories about Chase, click CCF.
