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Olin: Q1 Earnings Snapshot

CLAYTON, Mo. (AP) — CLAYTON, Mo. (AP) — Olin Corp. (OLN) on Thursday reported a loss of $83 million in its first quarter.

On a per-share basis, the Clayton, Missouri-based company said it had a loss of 73 cents. Losses, adjusted for restructuring costs, were 65 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 67 cents per share.

The chlor-alkali and ammunition producer’ posted revenue of $1.58 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.57 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLN at https://www.zacks.com/ap/OLN

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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