| Author | Message | ||
     Jfh Moderator Username: Jfh Post Number: 968 Registered: 10-2003 |
NEW YORK (AP) -- Shares of Dow Chemical Co. rose on Thursday following news that the company sold a 50 percent stake in five of its global businesses for about $9.5 billion. The stock rose $2.64, or 6.3 percent, to close at $44.39 Thursday. Dow Chemical, the world's second-largest chemical company, expects the transaction with Petrochemicals Industries Co., a unit of state-owned Kuwait Petroleum Corp., to close in late 2008. | ||
| Jfh Moderator Username: Jfh Post Number: 819 Registered: 10-2003 |
Meanwhile, Dow Chemical Co. spiked $3.41, or 7.9 percent, to $46.86 on speculation it could be the target of a leveraged buyout. London's Sunday Express newspaper, in an unsourced report, said the chemical company might be given an offer of up to $54 billion from buyout funds. | ||
| Jfh Moderator Username: Jfh Post Number: 25 Registered: 10-2003 |
Dow Announces Share Repurchase Program Thursday July 14, 8:16 am ET MIDLAND, Mich., July 14 /PRNewswire-FirstCall/ -- The Dow Chemical Company (NYSE: DOW - News) announced today that its board of directors has authorized the repurchase of up to 25 million of the Company's outstanding common shares over a period ending on December 31, 2007. | ||
| Jfh Moderator Username: Jfh Post Number: 235 Registered: 10-2003 |
Thu 6:37am DOW Dow Chemical upgraded by UBS - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 166 Registered: 10-2003 |
Fri 6:40am DOW Dow Chemical upgraded by Banc of America Sec - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 159 Registered: 10-2003 |
For the quarter, Dow's net profit jumped to $1.4 billion, or $1.39 a share, from $469 million, or 50 cents, a year ago. The results easily topped the $1.05 per-share results expected by analysts surveyed by Thomson First Call. Revenue for the three months ended March 31 rose to $11.7 billion from $9.31 billion a year ago. | ||
| Jfh Moderator Username: Jfh Post Number: 1525 Registered: 10-2003 |
Wed 6:44am DOW Dow Chemical upgraded by Merrill Lynch - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 835 Registered: 10-2003 |
If you own DOW since 1912, you've made money: http://biz.yahoo.com/prnews/040513/deth010_1.html |
