Chemicals Andrew Liveris

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  • *Net sales fall 13.5 pct to $10.70 bln vs. est $10.66 bln. The merger is expected to create cost synergies of about $3 billion, the companies have said. "We feel very good that $3 billion in synergies we announced in December is a floor, not a ceiling," he told Reuters.

  • April 28- Dow Chemical Co reported a higher-than-expected quarterly adjusted profit as margins rose to their highest level in more than a decade. "We see strong demand signals in North America, gradual recovery in Europe and ongoing sustainable urbanization in China," Dow Chief Executive Andrew Liveris said in a statement. The company's net income fell to $169...

  • Dow CEO Andrew Liveris will get $52.8 million in cash, stock and other payments, including about $40 million he is already entitled to on his retirement, DowDuPont said in a regulatory filing. DuPont's Edward Breen, who replaced Ellen Kullman as CEO in October, will get $27.2 million, DowDuPont said. The news of Liveris's retirement was seen as a victory for Daniel...

  • March 3- DowDuPont, the entity to be created by the merger of DuPont with Dow Chemical Co, said the chief executives of the two companies would get a combined $80 million in "golden parachute" payments after DowDuPont splits into three. Dow CEO Andrew Liveris will get $52.8 million in cash, stock and other payments, while DuPont CEO Edward Breen will get $27.2 million,...

  • *Andrew Liveris orchestrated $130 bln merger with rival DuPont. Feb 2- Dow Chemical's chief executive Andrew Liveris, fresh from orchestrating a $130 billion merger with U.S. rival DuPont, on Tuesday announced plans to retire by mid-2017, a step he takes after years of pitched battles with an activist shareholder unhappy with his leadership.

  • *Q4 earnings/shr 93 cents vs est 70 cents. *Shares up as much as 4 pct at $44.46. Activist investor Daniel Loeb of hedge fund Third Point has been calling for the removal of Liveris from the merged company.

  • *Q4 earnings/shr 93 cents vs est 70 cents. *Shares up as much as 4 pct at $44.46. Dow is targeting an additional $300 million from cost savings in 2016, building on the $345 million it realized last year, Chief Financial Officer Howard Ungerleider said on a post-earnings call.

  • *Q4 earnings/shr 93 cents vs est 70 cents. *Shares up 3.3 pct at $44 premarket. Shares of the company, which is merging with DuPont, were up 3.3 percent at $44 in premarket trading.

  • *Dow, Du Pont to merge, then split into three. Dec 11- Chemical titans DuPont and Dow Chemical Co agreed to combine in an all-stock merger valued at $130 billion in a move that pleased activist investors, would generate tax savings and trigger more consolidation while drawing scrutiny from regulators. The "deal of three centuries," as Wells Fargo analyst Frank Mitsch...

  • *Companies to merge, then split into three. Dec 11- Chemical titans DuPont and Dow Chemical Co agreed to combine in an all-stock merger valued at $130 billion in a move that pleased activist investors, would generate tax savings and trigger more consolidation while drawing scrutiny from regulators. The "deal of three centuries," as Wells Fargo analyst Frank Mitsch...

  • *Companies to merge, then split up into three. Dec 11- Chemical titans DuPont and Dow Chemical Co agreed to combine in an all-stock merger valued at $130 billion, a move that could trigger more consolidation, please activist investors and generate tax savings while drawing scrutiny from regulators. The "deal of three centuries," as Wells Fargo analyst Frank Mitsch...

  • *Each co's shareholders to get about 50 pct of DowDuPont. Dec 11- Chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion, with plans to eventually split into three. DuPont Chief Executive Ed Breen will be CEO of DowDuPont, and Dow Chemical CEO Andrew Liveris will be executive chairman.

  • Dec 11- U.S. chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion, with plans to eventually split into three. DuPont Chief Executive Ed Breen will be CEO of the new company, while Dow Chemical CEO Andrew Liveris will be executive chairman. Dow Chemical shareholders will get one DowDuPont share...

  • Dec 9- A potential marriage of chemicals titans Dow Chemical and DuPont would draw intense scrutiny from regulators in the United States and other countries, but Wall Street welcomed the reported merger talks, lifting shares of both companies by 12 percent. "I look at it like Pepsi and Coca-Cola merging, then splitting into syrup, bottling, and snacks& sundry...

  • Dec 9- Merger talks between Dow Chemical Co and DuPont to create a chemicals titan with a $130 billion market value lifted Dow shares to a record on Wednesday and put DuPont on track for its biggest daily gain in more than six years. The Wall Street Journal first reported on Tuesday that the companies were in advanced merger talks that would create a chemicals...

  • Dec 9- Merger talks between Dow Chemical Co and DuPont are likely to have been precipitated by shareholder pressure and weakening demand for crop-protection chemicals, and such a deal would have been unlikely even a few months ago. The Wall Street Journal first reported on Tuesday that the companies were in advanced talks to merge to become a $120 billion...

  • Dec 8- Dow Chemical Co and DuPont are in merger talks, two people familiar with the matter told Reuters on Tuesday. The merger would be followed by a three-way breakup of the combined company, The Wall Street Journal reported, citing people familiar with the matter. Dow's chief executive, Andrew Liveris, is expected to be executive chairman of the new company, with...

  • Andrew Liveris, chairman and chief executive officer of Dow Chemical Co.

    Former Dow CEO Andrew Liveris is accused of using his position to finance his lifestyle and boosting a charity that burnished his fame in Greece.

  • DOW CEO: Low oil stimulus working

    Our portfolio is built to handle volatility, says Andrew Liveris, Dow Chemical CEO, talking through his company's quarterly results and the impact of low oil prices on the company's bottom line.

  • A big positive sign in this once left-for-dead sector has turned Cramer's attention to a handful of stocks that could go higher.