RBC Capital Upgrades Dow Chemical (DOW) to Top Pick

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Dow Reports Fourth Quarter and Full-Year Results

February 2, 2016 6:45 AM EST

Earnings Per Share Increases to $2.94, or $0.93 on an Operating Basis Up 9 Percent Versus the Year-Ago Period;
Operating EBITDA Margin Expands to 20.9 Percent, with Growth in All Segments Highest Quarterly Level in More than a Decade;

Full-Year EBITDA Reaches All-Time High of $9.6 Billion on an Operating Basis, or $13.3 Billion on a Reported Basis;
Company Delivers Full-Year Cash from Operations of $7.5 Billion Up 16 Percent;
Return On Capital Grows 130 Basis Points Year-Over-Year to 12.1 Percent on an Operating Basis, or 19.6 Percent on a Reported Basis

MIDLAND, Mich.--(BUSINESS WIRE)-- The Dow... More