Dow Chemical Co
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A federal judge in Kansas City, Kansas, ordered Dow Chemical Co on Wednesday to pay $1.2 billion in a price-fixing case involving chemicals used to make foam products in cars.
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What is driving all the fearful recession chatter? Andrew Liveris, presidnt, chairman and chief executive at Dow Chemical, sums it up in one word: "Overreaction." At the World Economic Forum in Davos, Switzerland, he offered CNBC his thoughts on issues ranging from the U.S. economy and consumers to China and oil prices.
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Four stocks with Fed-proof dividends at bargain basement prices.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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LIBOR rates are down today, admittedly only slightly; but it's a start. Asian markets closed down about 2 percent; Europe also down about 2 percent. Retail sales and jobless claims good, but Producer Price Index indicates wholesale inflation stronger than expected.
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Stocks closed lower as investors worried about the impact of the credit crisis on the financial sector and on the wider economy.
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Dow Chemical said Tuesday it would shut down a number of plants and eliminate about 1,000 jobs to cut costs and direct capital toward businesses with better growth prospects.
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Germany's Bayer will cut 1,500 jobs at its plastics unit -- 10 percent of the division's workforce -- despite a higher-than-expected rise in group quarterly operating profit, it said on Tuesday.
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It's a booyah-free zone. There goes Swifty!Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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Dow Chemical Thursday reported lower-than-expected third-quarter profit, hurt by a change in German tax law and a charge for acquisition costs.
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Dow Chemical, the largest U.S. chemicals maker, said on Friday it has postponed a meeting with institutional investors that was scheduled for early next month.
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Kuwait wants to drop Royal Dutch Shell as a partner and is instead considering BP in a project to build a $5 billion oil refinery in Guangdong in China, Kuwait's state news agency KUNA reported on Tuesday.
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Royal Dutch Shell Plc and Dow Chemical are in talks with the Iraqi government to renovate and expand a chemical plant in southern Iraq at a cost of up to $2.1 billion, the Iraqi industry minister said.
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Dutch chemicals group Akzo Nobel has won access to Imperial Chemical Industries' books after raising its indicative bid for the British maker of Dulux paints to 8.0 billion pounds ($16.3 billion).
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Dow Chemical, the biggest U.S. chemical company, is considering making a bid for Britain's Imperial Chemical Industries, the Daily Telegraph newspaper said on Wednesday.
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Britain's ICI has rejected an improved 7.8 billion-pound ($15.9 billion) takeover proposal from Dutch rival Akzo Nobel, saying the 85 increase in the offer price is not enough.
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Stocks closed sharply lower and the Dow saw its biggest decline since the market meltdown in late February as disappointing news from the housing industry renewed concerns about credit markets and the U.S. economy. "This is just one more of the period panics that we've had in the last six months," said Barton Biggs, managing partner at Traxis Partners. "The puncture of the debt bubble is a positive development and restores some kind of sanity to the debt market."
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Dow Chemical reported better-than-expected quarterly earnings on Thursday, as strong overseas demand offset higher energy costs and weakness in the North American housing and automotive markets.
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Q2 results are confirming the foreign growth story. Look at Halliburton. Halliburton reported killer earnings today; 68% of their revenues occur outside the U.S.Same with Merck: great earnings, has 40% of sales outside the U.S.
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Shares of KBR, the military contractor and engineering company, dipped slightly Friday after soaring to new highs earlier in the week amid a flurry of new business, including a contract one Wall Street analyst called a "game-changing win" for the former Halliburton subsidiary.
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Britain's Imperial Chemical Industries has rejected a 7.2 billion-pound ($14.2 billion) bid approach from Dutch chemicals group Akzo Nobel, saying it undervalued the company.
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The U.S. securities regulator is probing whether two Dow Chemical executives engaged in unauthorized talks to sell the company, according to a source close to the matter.