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	<title>Stock Blog Hub &#187; Spartech Corp.</title>
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		<title>(SEH) Spartech Corporation Posts Lackluster Q3</title>
		<link>http://www.stockbloghub.com/2009/09/11/seh-spartech-corporation-posts-lackluster-q3/15001</link>
		<comments>http://www.stockbloghub.com/2009/09/11/seh-spartech-corporation-posts-lackluster-q3/15001#comments</comments>
		<pubDate>Fri, 11 Sep 2009 22:51:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Rubber & Plastics]]></category>
		<category><![CDATA[SEH]]></category>
		<category><![CDATA[Spartech Corp.]]></category>

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		<description><![CDATA[Spartech Corp. (SEH) recently posted lackluster third-quarter results as recessionary conditions affected demand for its products. The company stated that GAAP net income plunged 66% year over year to $1.5 million. Excluding restructuring charges, earnings per share came in at 18 cents, missing the Zacks Consensus Estimate by a penny. Spartech is an intermediary processor of engineered thermoplastics. It converts base polymers or resins into extruded plastic sheet and rollstock, thermoformed packaging, specialty film laminates, acrylic products, specialty plastic alloys, color concentrates and blended resin compounds, injection molded and profile extruded products. The Clayton, Missouri-based company said revenue fell 30% year over year to $241.7 million. Volumes shrank 25% due to sluggish demand in its end markets &#8211; automotive, building and construction and recreation and leisure. Moreover, sales were also ]]></description>
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