Edition:
United States

Dow Chemical Co (DOW.N)

DOW.N on New York Stock Exchange

62.80USD
28 Apr 2017
Change (% chg)

$-0.39 (-0.62%)
Prev Close
$63.19
Open
$63.17
Day's High
$63.25
Day's Low
$62.41
Volume
1,476,403
Avg. Vol
1,562,681
52-wk High
$65.42
52-wk Low
$47.51

Latest Key Developments (Source: Significant Developments)

Dupont Q1 operating earnings per share $1.64
Tuesday, 25 Apr 2017 06:00am EDT 

April 25 (Reuters) - Dupont :Dupont reports first-quarter results.Q1 operating earnings per share $1.64.Q1 GAAP earnings per share $1.52.Q1 earnings per share view $1.38 -- Thomson Reuters I/B/E/S.Q1 sales $7.7 billion versus I/B/E/S view $7.5 billion.Dupont - expects first-half 2017 GAAP earnings per share of about $2.42.Dupont - first-half 2017 operating earnings per share are expected to be about $2.90.Dupont - continue to expect to close Dow merger in august of this year.Q1 agriculture segment operating earnings $1,236 million versus operating earnings of $1,101 million.Q1 performance materials operating earnings $355 million versus operating earnings of $273 million.Dupont - Continue to expect to quickly begin working on 500-plus projects identified to deliver targeted $3 billion in cost synergies relating to Dow deal.Dupont - H1 2017 GAAP earnings includes an expected net charge of about $0.32 per share for items related to deal costs associated with merger with Dow.Dupont - agriculture sales were positively impacted by change in timing of seed deliveries which benefitted Q1 sales by approximately $140 million in quarter.Dupont - qtrly volume grew in almost all segments, led by performance materials, electronics & communications and agriculture.  Full Article

AgroFresh Solutions announces various agreements with the Dow Chemical Company and Avenue Capital
Wednesday, 5 Apr 2017 04:01pm EDT 

AgroFresh Solutions Inc : AgroFresh Solutions announces various agreements with the Dow Chemical Company and Avenue Capital . AgroFresh - Revisions to tax receivables agreement, warrant purchase agreement and payable balances provides immediate estimated benefit of about $85 million . Dow has also agreed to buy up to 10% of AgroFresh's outstanding shares through open market purchases . AgroFresh Solutions-Dow, Avenue Capital agreed to make available up to $100 million of borrowing capacity for potential strategic acquisitions by company . AgroFresh Solutions Inc- Net present value of tax receivables agreement liability will be reduced by $65 million . AgroFresh Solutions - Additionally, co, Dow and Avenue agreed to terminate warrant purchase agreement entered in connection with business combination .AgroFresh - Co's obligations on payments to be reduced to 50% of tax savings related to step-up in value of assets that occurred in connection with deal.  Full Article

Fluor Corp says finished mechanical construction of Dow Chemical Co's new ethylene production facility in Freeport, Texas
Thursday, 30 Mar 2017 04:04pm EDT 

Dow Chemical Co :Fluor Corp - finished mechanical construction of Dow Chemical Company's new ethylene production facility in Freeport, Texas on schedule.  Full Article

E.ON says entered into long-term partnership with Dow Benelux
Thursday, 9 Mar 2017 05:28am EST 

E.ON :Entered into long-term partnership with Dow Benelux to build, own, operate gas-fired boiler plant for their production site in Netherlands.  Full Article

Dow declares quarterly dividend of 46 cents per share
Thursday, 9 Feb 2017 08:30am EST 

Dow Chemical Co :Dow declares quarterly dividend of 46 cents per share.  Full Article

Dow Chemical says to sell its Ethylene Acrylic Acid copolymers and ionomers business
Thursday, 2 Feb 2017 06:45am EST 

Dow Chemical Co : Dow announces proposed divestiture of ethylene acrylic acid (eaa) copolymers business . Dow announces proposed divestiture of ethylene acrylic acid (eaa) copolymers business . Dow chemical co says under terms of purchase agreement, sk global chemical will honor certain customer and supplier contracts and other agreements . Dow chemical co - divestiture will be conditioned on dow and dupont closing their merger transaction, in addition to other closing conditions . Dow chemical co - merger closing for proposed dow and dupont transaction would be expected to occur in first half of 2017 . Dow chemical co says divestiture will be conditioned on dow and dupont closing their merger transaction, in addition to other closing conditions . Dow chemical co - dow and dupont expect intended business separation transactions to be about 18 months after merger close. . Dow chemical-divestiture includes production assets in freeport, texas, tarragona, spain, associated intellectual property and product trademarks . Dow chemical says given current regulatory agency status, merger closing for dow and dupont transaction is expected to occur in first half of 2017 .Dow announces proposed divestiture of ethylene acrylic acid (eaa) copolymers business.  Full Article

Praxair starts up hydrogen facility for the Dow Chemical company in U.S. Gulf coast
Wednesday, 1 Feb 2017 08:30am EST 

Praxair Inc : Praxair starts up hydrogen facility for the Dow Chemical company in U.S. Gulf coast; signs long-term nitrogen supply agreement . Praxair Inc says signed a long-term contract with dow to supply nitrogen to company for use in its chemical production facility . Says nitrogen supply is expected to start in 2019. .Praxair has also signed a long-term contract with dow to supply nitrogen to company for use in its chemical production facility.  Full Article

Dow Chemical Co says sees q1 revenue of $12.25 billion - $13.25 billion
Thursday, 26 Jan 2017 08:42am EST 

E I Du Pont De Nemours And Co : Dow Chemical Co says sees Q1 revenue of $12.25 billion - $13.25 billion .Dow Chemical Co sees modest improvement in agricultural sciences in first half of 2017 compared to first half of 2016.  Full Article

Dow Chemical says confident can solve European Commission regulatory issues related to DuPont deal
Thursday, 26 Jan 2017 07:30am EST 

Dow Chemical Co - : CEO Liveris - "honored to serve in leadership role in working closely with administration to create vibrant us manufacturing sector" - conf call . "Confident that we can solve European commission regulatory issues" and "confident we can satisfy their innovation remedy request" - conf call . Sees 2017 capex of about $3.4 billion - conf call . Says "we are going to achieve cost synergies which actually does meet headcount reduction, we don't fit the presidential agenda right away" . "Can already see that trump administration is going to move fast on taking out regulatory costs and giving us better tax regimens" Further company coverage: [DOW.N] ((bangalore.newsroom@thomsonreuters.com)).  Full Article

Dow Chemical reports Q4 loss per share $0.03
Thursday, 26 Jan 2017 06:45am EST 

Dow Chemical Co : Q4 loss per share $0.03 . Q4 earnings per share on operating basis $0.99 . Q4 sales were $13.0 billion, up 14 percent . Agricultural Sciences reported Q4 sales of $1.7 billion, up from $1.6 billion . Performance Materials & Chemicals reported Q4 sales of $2.41 billion, slightly up from $2.38 billion . Performance Plastics reported Q4 sales of $4.8 billion, up from $4.6 billion in the year-ago period . Says "We are seeing early signs of positive economic momentum, with the United States in expansionary mode" . Says "Europe continues its gradual recovery, despite increasing political uncertainty and geopolitical tensions" . Says "China's transition is progressing on a robust path", sustained growth of Asia's middle class continues to drive demand throughout region . Says for year ahead, remain squarely focused on 3 priorities, including closing DowDupont transaction, "driving quickly toward the intended spins" .Q4 earnings per share view $0.88, revenue view $12.38 billion -- Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

Dow Chemical eyes consumer markets as it readies for DuPont merger

Dow Chemical Co forecast better-than-expected revenue for the current quarter and said it would expand four key consumer businesses, which will be part of a new firm created after its proposed merger with DuPont.