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Andrew Liveris

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  • *Q1 net income $1.18/ share vs $0.79 year earlier. April 23- Dow Chemical Co reported a better-than-expected quarterly profit as its focus on high-margin businesses that cater to packaging and electronics industries helped balance the impact of a strong dollar. Dow, which has been shedding its low-margin commodity businesses, said in March it would sell parts...

  • UPDATE 1-Dow profit beats estimates as margins expand Thursday, 23 Apr 2015 | 7:35 AM ET

    April 23- Dow Chemical Co reported a better-than-expected quarterly profit, helped by higher margins in five of its six units. Net income available to shareholders rose to $1.39 billion, or $1.18 per share, in the quarter ended March 31, from $964 million, or 79 cents per share, a year earlier. Up to Wednesday's close of $50.02 on the New York Stock Exchange, Dow's...

  • March 27- Dow Chemical Co said it would separate a significant part of its chlorine business and sell it to smaller rival Olin Corp in a tax-efficient deal valued at about $5 billion. The transaction, structured as a Reverse Morris Trust deal, allows Dow to sell its non-core U.S. Gulf Coast chlor-alkali and vinyl, global chlorinated organics and epoxy assets...

  • March 27- Dow Chemical Co said it would separate most of its chlorine business and sell it to smaller rival Olin Corp in a tax-efficient deal valued at about $5 billion. The transaction, structured as a Reverse Morris Trust deal, allows Dow to sell its non-core U.S. Gulf Coast chlor-alkali and vinyl, chlorinated organics and epoxy assets without having to pay taxes.

  • 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,...

  • UPDATE 2-Dow Chemical, Dan Loeb settle board debate Friday, 21 Nov 2014 | 1:10 PM ET

    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...

  • Cheap or expensive? This is Cramer's stock test Thursday, 13 Nov 2014 | 6:31 PM ET

    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.

  • Cramer Remix: Apple & oil—what you need to know Wednesday, 12 Nov 2014 | 7:14 PM ET

    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.

  • Cramer: This stock is ready to roar Wednesday, 12 Nov 2014 | 6:39 AM ET
    Andrew Liveris

    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 to cut $1B in costs over 3 years Wednesday, 22 Oct 2014 | 1:16 PM ET

    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.

  • Dow Chemical CEO: The US has been a bright spot   Wednesday, 25 Sep 2013 | 3:15 PM ET
    Dow Chemical CEO: The US has been a bright spot

    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.

  • Halftime report: Is fear of a weak 3Q overblown? Friday, 26 Oct 2012 | 4:59 PM ET

    WASHINGTON-- It's halftime for the season of corporate earnings reports, and investors are in desperate need of a locker-room pep talk.

  • Dow Chemical stock up on restructuring news Wednesday, 24 Oct 2012 | 9:11 AM ET

    MIDLAND, Mich.-- Shares of Dow Chemical jumped 6 percent in premarket trading Wednesday after the company announced significant restructuring plans.

  • UPDATE 4-Dow cutting jobs, closing plants as growth slows Wednesday, 24 Oct 2012 | 3:14 AM ET

    *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.

  • UPDATE 3-Dow cutting jobs, closing plants as growth slows Wednesday, 24 Oct 2012 | 1:28 AM ET

    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.

  • Dow Chemical to slash 2,400 jobs, close 20 plants Tuesday, 23 Oct 2012 | 5:48 PM ET

    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.

  • Shale Gas Could Be US 'Manufacturing Renaissance': CEO Thursday, 19 Apr 2012 | 6:49 PM ET

    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.