UPDATE 1-Eastman Chemical profit beats forecasts after Solutia deal

Newswire

* Second-quarter profit drops but beats forecasts * Eastman completed $3.4 bln Solutia buyout * Company sees full-year earnings topping forecasts July 30 (Reuters) - Eastman Chemical Co posted quarterly profit on Monday that beat forecasts, as lower supply costs helped offset a drop in demand for specialty plastics. For the second quarter, the company said net income fell to $179 million, or $1.26 per share, from $220 million, or ...

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