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.» Read More
Dec 17- Dow Chemical Co's ex-fraud investigator can pursue claims of being unlawfully fired after disclosing alleged financial misconduct related to the company, including heavy spending by Chief Executive Andrew Liveris, a U.S. judge has ruled. Kimberly Wood worked at Dow for 25 years before she was fired in October. Wood alleges in the lawsuit that she was...
Dec 17- Dow Chemical Co's ex-fraud investigator can pursue claims of being unlawfully fired after disclosing alleged financial misconduct related to the company, including heavy spending by Chief Executive Officer Andrew Liveris, a U.S. judge has ruled. Kimberly Wood worked at Dow for 25 years before she was fired in October. The Dow Chemical Co., 14- cv-13049,...
Nov 21- Dow Chemical Co averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, by agreeing to add four independent directors to its board, sending its shares up as much as 4.5 percent. The company has agreed to add to the board two Third Point nominees- former Foster Wheeler AG CEO Raymond Milchovich and Steve Miller, the non-executive chairman of AIG.
BOSTON, Nov 13- Hedge fund Third Point is considering launching a proxy contest at Dow Chemical Co after negotiations over board seats with the largest U.S. chemical company broke down on Thursday, two sources familiar with the talks said. Third Point, one of Dow's biggest investors with a 2 percent stake, had been talking to the company for months and was told last...
Wondering what to do when you think the market is over-extended and are looking for a bargain? Here is Jim Cramer's test for a cheap stock.
With the stock at an all-time high and oil at a low, this is what "Mad Money" host Jim Cramer thinks you need to know.
This stock just reported the best quarter since 2007. Jim Cramer is chomping at the bit to buy more, and thinks it's about to roar.
Dow Chemical said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions that have helped boost margins.
Oct 22- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions that have helped boost margins. Rival Dupont has said it plans to shave off $1 billion of annual costs by 2019.. Ethane crackers in North America could maintain their cost advantage status even at $80 oil,...
*Adjusted profit $0.72 per share vs est $0.68. *Revenue up 5 pct at $14.41 billion. Oct 22- Dow Chemical Co reported a better-than-expected profit as margins rose for the ninth straight quarter in its plastics business, its biggest, due to low raw material costs.
Dow investors have been rewarded in the last 3 months with stocks surging more than 20 percent. Andrew Liveris, Dow Chemical chairman and CEO, provides his outlook on the global economy and discusses the biggest opportunities for growth in Dow Chemical.
*Fourth-quarter charge of $900 million to $1.1 billion. Oct 30- Dow Chemical Co will take a fourth-quarter charge of as much as $1.1 billion related to last week's announcement that it will close 20 plants, write down the value of its lithium ion battery business and lay off thousands of workers.
WASHINGTON-- It's halftime for the season of corporate earnings reports, and investors are in desperate need of a locker-room pep talk.
MIDLAND, Mich.-- Shares of Dow Chemical jumped 6 percent in premarket trading Wednesday after the company announced significant restructuring plans.
*Dow Chemical to cut 2,400 jobs, close 20 plants. NEW YORK, Oct 23- Dow Chemical Co, the largest chemical maker in the United States, said on Tuesday it plans to cut 5 percent of its workforce and shutter 20 plants as part of a restructuring program aimed at countering a slowing global economy.
NEW YORK, Oct 23- Dow Chemical Co, the largest chemical maker in the United States, said on Tuesday it plans to cut 5 percent of its workforce and shutter 20 plants as part of a restructuring program aimed at countering a slowing global economy. Rival DuPont slashed its earnings forecast and announced 1,500 jobs cuts.
MIDLAND, Mich.-- The Dow Chemical Co. will eliminate about 2,400 jobs and close roughly 20 manufacturing facilities as part of a restructuring plan aimed at coping with slowing economic growth in Europe and elsewhere.
The U.S. is on the verge of an economic “renaissance” thanks to abundant shale gas — and that demands a smart energy policy, Dow Chemical CEO Andrew Liveris said Thursday.
Emerging markets are a big part of Dow's growth. Discussing the chemical company's second quarter earnings, rising commodity prices, and stalled debt talks in Washington, with Andrew Liveris, Dow Chemical chairman/CEO, and Klaus Kleinfeld, Alcoa chairman/CEO.