Dow Chemical (DOW) Slips as Company Hints at Continued Challeges, More Streamlining
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Price: $56.66 +0.30%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 5.1%
EPS Growth %: -22.4%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 5.1%
EPS Growth %: -22.4%
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Dow Chemical (NYSE: DOW) keeps slipping lower Monday afternoon followng several press releases out of the company tied to its annual investor forum.
In part, CEO Andrew Liveris hinted at a more streamlined operating structure as meeting earnings targets becomes more challenging. For more on Liveris' comments, click here.
Dow also said its Elastomers unit hit year-to-date record sales and EBITDA. Dow Elastomers said the gain was due in part to "diversification into new market segments and the introduction of disruptive innovation."
Webcast of the event can be seen here. The full-slate of Dow's releases are here.
Shares are down 3.4 percent on the session.
In part, CEO Andrew Liveris hinted at a more streamlined operating structure as meeting earnings targets becomes more challenging. For more on Liveris' comments, click here.
Dow also said its Elastomers unit hit year-to-date record sales and EBITDA. Dow Elastomers said the gain was due in part to "diversification into new market segments and the introduction of disruptive innovation."
Webcast of the event can be seen here. The full-slate of Dow's releases are here.
Shares are down 3.4 percent on the session.
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