Chemicals Andrew Liveris

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  • *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.

  • NEW YORK— Dow Chemical on Tuesday reported a surge in its fourth-quarter profit on gains from the sale of its chlorine operations and lower costs from sinking oil prices. The profit boost comes as the Midland, Michigan- based company moves toward closing a merger with DuPont Co. in the second half of the year that would create a giant chemical company.

  • *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...

  • Nov 5- Dow Chemical Co Chief Executive Andrew Liveris has been meeting portfolio managers, CNBC reported on Thursday, citing sources. The meetings come ahead of the expiration of a one-year standstill agreement with activist investor Daniel Loeb, whose hedge fund Third Point LLC owns a nearly 2 percent stake in Dow Chemical. Dow Chemical board member Ruth Shaw...

  • Nov 5- Dow Chemical Co Chief Executive Andrew Liveris has been meeting influential portfolio managers in recent weeks to discuss the company's long-term strategy, CNBC reported. The meetings come as a one-year standstill agreement between Dow and activist investor Daniel Loeb of Third Point LLC is set to expire. The company averted a proxy fight with Third...

  • SEATTLE, Sept 23- Seeking to project a sunny climate for U.S. business, Chinese President Xi Jinping said on Wednesday his country planned to greatly reduce restrictions on foreign investment, as Boeing announced plans for an aircraft finishing center in China, its first outside the United States. Boeing's long-expected move into manufacturing in low-cost...

  • Dow’s auditor alleged ex-CEO misused company funds Wednesday, 6 May 2015 | 12:41 PM ET
    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 Thursday, 29 Jan 2015 | 7:06 AM ET
    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.

  • Cramer Remix: This industry isn't dead yet! Monday, 24 Nov 2014 | 7:08 PM ET

    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.