Tuesday, Ashland Inc. (NYSE:ASH) reported a loss of $10 million, or 15 cents per share during the three-month period that ended September 30. A year ago, in the same period, Ashland earned $32 million, or 51 cents per share. Included in the 2008 fourth quarter was a loss of $9 million, or 14 cents per share, from discontinued operations. Their profit for the year dropped to $167 million, or $2.63 per share, from $230 million, or $3.60 per share. Tuesday morning, shares of Ashland were at $20.22.

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