Dow Reports Second Quarter Results
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- Francisco Partners to acquire Weave Communications for $650M
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UPDATE: JPMorgan Upgrades Dow Chemical (DOW) to Overweight
July 29, 2016 6:42 AM EDT(Updated - July 29, 2016 9:26 AM EDT)
JPMorgan upgraded Dow Chemical (NYSE: DOW) from Neutral to Overweight with a price target of $60 (prior $50). The change follows the release of Q2 results.
Analyst Jeffrey J. Zekauskas said, "We had downgraded Dow Chemical... More
Dow Chemical (DOW) Tops Q2 EPS by 10c
July 28, 2016 6:46 AM EDTDow Chemical (NYSE: DOW) reported Q2 EPS of $0.95, $0.10 better than the analyst estimate of $0.85. Revenue for the quarter came in at $12 billion versus the consensus estimate of $11.24 billion.
Outlook
Commenting on the Companys outlook, CEO Andrew Liveris said:
The pace of economic growth remains uneven across the major geographies. Consumption remains a key growth driver, wherever growth exists. We continue to... More
