Acx Accentuates The PositiveBy
What ACX Technologies (ACX) did was bold, if unusual: It took a special charge of $70 million, or $2.84 a share, in the first quarter on the aluminum division it wants to sell to a yet-to-be-determined buyer. Instead of hurting the shares, the news drove them up, from 17 to 20 3/4 in a few days.
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