Dow Chemical (DOW) Announces Portfolio Realignment; Form s New Office of Chair, CEO

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Dow Announces Further Goals in Its Portfolio Transformation

October 22, 2015 6:50 AM EDT

Outlines Next 24  36 Months of Targeted Actions

Reducing Ownership in Kuwaiti Joint Ventures, Continues to Work on Defining the Future of Dow Corning Actively Examining Strategic Options for Dow AgroSciences CapEx Will Decline as Large Investments Come On Line, Fueling Additional Sources of Cash Increasing Cash Flow Will Continue to be Directed to Shareholders: Board Announces Dividend Increase, Accelerates Share Repurchase Program Dow Announces Reorganized Executive Leadership Team Liveris, Fitterling and Ungerleider Together Form a New Office of the Chairman... More

Dow Reports Third Quarter Results

October 22, 2015 6:45 AM EDT

Earnings per Share Rise to $1.09, or $0.82 on an Operating Basis up 14 Percent versus the Year-Ago Period;

EBITDA Increases to $2.9 Billion, or $2.4 Billion on an Operating Basis; Operating EBITDA Margin Expands 370 Basis Points;

Cash from Operations Grows to $2.5 Billion up 41 Percent versus 3Q14, Reaching $5.2 Billion Year-to-Date up 38 Percent;

Dow Delivers 12th Consecutive Quarter of Year-Over-Year Operating EPS, EBITDA and EBITDA Margin Expansion

MIDLAND, Mich.--(BUSINESS WIRE)--

The Dow Chemical Company (NYSE: DOW):

Third Quarter 2015... More