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Dow Chemical Reports Profit Decline
GRAND RAPIDS, Mich. (AP) -- Dow Chemical Co. said Thursday that despite record sales and two double-digit price increases unveiled in the second quarter, its profit for the period fell 27 percent, in large part because of sharply higher costs for energy and raw materials.
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Profit Drops at Dow Chemical
GRAND RAPIDS, Mich. (AP) — The nation’s largest chemical company, Dow Chemical, said on Tuesday that its fourth-quarter earnings fell 52 percent because of an overhaul effort and a $1.7 billion jump in spending on materials and energy.
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Dow Chemical to Buy Rohm and Haas for $15.3 Billion - New York Times
KIMA CBS 29Dow Chemical to Buy Rohm and Haas for $15.3 BillionNew York Times - 40 minutes agoDow Chemical said Thursday that it has agreed to buy Rohm and Haas, the old-line specialty chemical maker, for about $15.3 billion in cash, one of the largest deals this year a
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Dow Chemical Earnings Drop 3%
The company reported a 3 percent drop in first-quarter profit because of higher prices for raw materials and energy, but still managed to top Wall Street’s expectations.
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US agency draft deems controversial BPA chemical safe: media - AFP
ABC NewsUS agency draft deems controversial BPA chemical safe: mediaAFP - 1 hour agoWASHINGTON (AFP) - A controversial plastic chemical found in baby bottles and other food containers does not pose a hazard when used at typical exposure levels, a US Food and Drug Admini
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Chip Maker Reports Profit Rose by 13%
Texas Instruments, the largest maker of chips for mobile phones, said its fourth-quarter profit rose 13 percent and that sales reversed a yearlong decline.
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UPS Reports Profit Decline, Lowers Outlook
The world’s largest shipping carrier said its profit fell nearly 21 percent despite an increase in sales.
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Buffett Reports Dip in Profit
Berkshire Hathaway, the holding company controlled by Warren E. Buffett, posted its third consecutive profit decline on slowing returns from insurance.
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Dow Chemical Buying a Rival for $15.3 Billion
The deal for Rohm & Haas will create one of the nation’s largest specialty chemical companies.
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Dow Chemical Buying a Rival for $15.3 Billion
The deal for Rohm & Haas will create one of the nation’s largest specialty chemical companies.
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DealBook: Former Dow Executives Admit to Unauthorized Buyout Talks
After loudly protesting their dismissal from Dow Chemical a year ago, the two executives have admitted that they took part in unauthorized talks about a potential sale of the company.
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Dow Chemical Raises Prices Another 25%
Dow said that it was raising prices for the second time in a month, as well as introducing freight surcharges and reducing production to offset a “relentless rise” in energy costs.
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Dow Chemical Raises Prices for Second Time in a Month
Dow said that it was raising prices for the second time in a month, as well as introducing freight surcharges and reducing production to offset ever-rising energy costs.
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Recession Fears Blanket Wall Street; Dow Plunges 300 Points - FOXNews
ABC NewsRecession Fears Blanket Wall Street; Dow Plunges 300 PointsFOXNews - 6 hours agoThe Dow lost another 300 points and the S&P fell to its lowest level since October 2006 on a series of major news and economic reports that all raise serious questions about the dir
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Profit Decline For Toyota For The First Time In 7 Years (AHN)
(AHN) - Japan's largest auto maker reported a substantial drop in its income, the first profit decline for Toyota Motor in 7 years. - Thu, 8 May 2008 12:57:02 GMT (AHN)
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Dow Rebounds as Oil Prices Decline
Oil prices retreated more than $4 in volatile trading on Monday, and the Dow recovered some of its big losses from the previous session, but the broader stock market was mixed.
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Dow tumbles 350 points
The Dow plummeted more than 350 points today as selling accelerated following a record surge in oil prices. The Dow Jones Industrial Average shed 3 percent to close at 11,453.42. The last time the index was near that level was 21 months ago in September 2006, CNNMoney.com reports.
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Derivatives Hurt Profit at Berkshire Hathaway - New York Times
HispanicBusiness.comDerivatives Hurt Profit at Berkshire HathawayNew York Times - 54 minutes agoBy REUTERS OMAHA (Reuters) - Berkshire Hathaway, Warren E. Buffett’s investment company, said on Friday that first-quarter profit tumbled 64 percent, hurt by $1.6 bil
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Citing High Energy Costs, Dow Raises Prices
The chemical giant, which supplies a broad swath of industries, from agriculture to health care, said that it would raise its prices by up to 20 percent to offset the soaring cost of energy.
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Citing Energy Costs, Dow Raises Prices
The chemical giant, which supplies a broad swath of industries, from agriculture to health care, said that it would raise its prices by up to 20 percent to offset the soaring cost of energy.
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