Ashland Inc. on Tuesday reported a loss of $119 million, or $1.73 a share, for the period ended Dec. 31, compared with year-earlier net income of $33 million, or 52 cents a share.

(In a story at 6:40 a.m., EST, 'Ashland Swings To 1Q Loss On Charges, Demand Slump >ASH,' it incorrectly stated that the company reported a net of $119 million)

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