loss

Chemours website

DOVER, Del. (AP) - Chemours, the former performance chemicals unit of Dupont, says it posted a net loss of $230 million in the fourth quarter of 2016 but eked out a slight profit for the year.

The company on Wednesday said fourth-quarter results included a $335 million charge to settle thousands of lawsuits claiming that the release of a chemical used in Teflon production from a DuPont plant in West Virginia several years ago contaminated drinking water and caused illnesses, including cancer.

Chemours website

WILMINGTON, Del. (AP) - WILMINGTON, Del. (AP) - Chemours Co. (CC) on Monday reported a loss of $18 million in its second quarter.

The Wilmington, Delaware-based company said it had a loss of 10 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 27 cents per share.

The chemical company posted revenue of $1.38 billion in the period.

Chemours shares have climbed 74 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.31, a fall of 16 percent in the last 12 months.

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Families are gathering for the Christmas holidays. And, Delmarva Public Radio Essayist George Merrill writes that it is a time to treasure what we have and to remember what we've lost.

Christmas After Newtown

Dec 21, 2012
George Merrill

In the wake of the killing of 20 children and six adults including the principal at Newtown Elementary School by a gunman, Delmarva Public Radio's essayist George Merrill ponders the impact of this loss as we mark the holiday season.