Ticker	Volume	Price	Price Delta
DJIA	15,294.50	-12.67	-0.08%
S&P 500	1,650.51	-4.84	-0.29%
Nasdaq	3,459.42	-3.88	-0.11%

Ticker

Volume

Price

Price Delta

DJIA

15,294.50

-12.67

-0.08%

S&P 500

1,650.51

-4.84

-0.29%

Nasdaq

3,459.42

-3.88

-0.11%

Ticker	Volume	Price	Price Delta
STOXX 50	2,767.95	-8.83	-0.32%
FTSE 100	6,654.80	-41.99	-0.63%
DAX	8,291.55	-60.43	-0.72%

Ticker

Volume

Price

Price Delta

STOXX 50

2,767.95

-8.83

-0.32%

FTSE 100

6,654.80

-41.99

-0.63%

DAX

8,291.55

-60.43

-0.72%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

Sipchem Third-Quarter Profit Misses Estimates on Lower Prices

By Glen Carey - 2012-10-13T07:21:58Z

Saudi International Petrochemical Co. (SIPCHEM), known as Sipchem, said third-quarter profit fell 25 percent, missing analyst estimates, as product prices declined.

Net income dropped to 155.8 million riyals ($41.5 million) from 208.4 million riyals in the same period a year earlier, the company said in a statement to the Saudi bourse today. The mean estimate of six analyst was for a profit of 161 million riyals, according to data compiled by Bloomberg.

The drop was due “mainly to the decrease in the prices of some company products,” the company said in the statement. Nine-month earnings per share was 1.21 riyals, compared with 1.35 riyals for the same period last year, according to the statement.

To contact the reporter on this story: Glen Carey in Riyadh at gcarey8@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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