March 19- Dow Chemical Co said it aims sell a further $1.5 billion to $2.0 billion worth of assets as it looks to narrow its focus to electronics, agriculture and packaging.
Feb 12- Dow Chemical Co's "lack of transparency" makes it difficult to determine whether the petrochemical giant should be split up or kept together, hedge fund titan Daniel Loeb said on Wednesday.
Jan 29- Dow Chemical Co hiked its dividend and tripled its share buyback program, but signaled that it was in no hurry to fall in line with activist shareholder Daniel Loeb's demands to spin off its slow-growing petrochemical businesses. Shares of Dow Chemical, the largest U.S. chemical maker by sales, rose as much as 6 percent in early trading on Wednesday.
Jan 21- Activist investor Daniel Loeb has taken a major stake in Dow Chemical Co, urging the largest U.S. chemical maker by revenue to spin off its lucrative but slow-growing petrochemical unit and focus on specialty materials.
FRANKFURT, Oct 27- Down in the undergrowth of Europe's economy, something is stirring. "There is certainly growing optimism that things are on the mend in Europe," said Vasant Prabhu, chief financial officer of Starwood Hotel and Resorts Worldwide, one of a host of executives to comment during the third-quarter earnings season.
Oct 24- Dow Chemical Co said it now expects to raise between $3 billion and $4 billion from asset sales in the next 18 to 24 months, at least double its earlier target, as it looks to shed businesses exposed to commodity price swings.
Oct 24- Dow Chemical Co, which is looking to exit businesses that are exposed to commodity price swings, said it planned to raise at least $3 billion to $4 billion from asset sales.
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.