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.» Read More
April 25- Canada's main stock index looked set to open higher on Wednesday, helped by encouraging U.S. economic data and stronger-than-expected earnings from some companies including Potash Corp Saskatchewan Inc. Its net profit rose to $556 million, or 63 cents per share, from $491 million, or 56 cents per share, a year earlier.
Some of the names on the move ahead of the open.
ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge.
Dow Chemical's first-quarter earnings beat analysts' estimates, helped by higher demand for its seeds and crop-protection chemicals in the Americas.
**COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge. Net income rose to $550 million, or 46 cents per share, in the first quarter from $412 million, or 35 cents per share, a year earlier.
*First-quarter adj earnings/share 69 cents vs est 61 cents. April 25- Dow Chemical Co's first-quarter earnings beat analysts' estimates, helped by higher demand for its seeds and crop-protection chemicals in the Americas.
Net income rose to $550 million, or 46 cents per share, in the first quarter from $412 million, or 35 cents per share, a year earlier.
"A divestiture in Europe account for more than half of those revenue differences", said Andrew Liveris, President, Chairman & CEO of Dow Chemical, discussing his company's first quarter results.
South Korean construction stocks have lost almost 20 percent of their value this month, falling to levels last seen four years ago.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
*Nippon Electric Glass Co Ltd. *Heraeus, family-owned firm based in Germany. On ITO replacements, Samsung is working on graphene and with California- based Unidym, part of South Korean electronics firm Wisepower Co Ltd, on carbon-nanotubes, according to Lawrence Gasman, principal analyst at Nanomarkets.
If you’re counting out China, Cramer thinks you may be making a terrible mistake.
The U.S., the world's largest source of natural gas, may find itself fending off stiff competition in the resource's development.
*Companies traditionally rely on bank loans. *Riyal sukuk issuance more than doubled last year- HSBC. DUBAI, April 4- After years in which the growth of Saudi Arabia's bond market lagged its economy, the market is taking off as local companies rush to issue debt- though low returns are keeping foreign investors on the sidelines.
*Powerful Senate chair says she opposes the rider. So Section 735 would benefit biotech seed companies such as Monsanto Co and Dow Chemical Co.. "We'll certainly try to get that language put into the farm bill," Mississippi farmer Danny Murphy, president of the American Soybean Association, told Reuters.
A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
LAUNCESTON, Australia, March 28- Such is the impact of the shale gas revolution in the United States that it's quite possible that babies born today will no longer play with plastic dolls and cars made in China. It's almost become a fait accompli that China is the world's factory, but the early warning signs that this may be changing are starting to show.
The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.
LONDON, March 25- U.S. distributors and freight hauliers have held down diesel consumption even as their business recovers from recession by making thousands of small changes to their operations. In 2013, FedEx will have improved the fuel efficiency of its U.S vehicle fleet by 22 percent compared with 2005, Chairman Frederick Smith said at CERA Week.
The oil and gas revolution sweeping the U.S. appears to exerting a halo effect on stocks in key industries, and not just those in the energy sector.