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A restructuring Dow Chem posts surprise profit (from Corporate Dealmaker)

Wall Street expected Dow Chemical Co. (NYSE:DOW), which for the first time in its 112-year history cut its dividend in February, to post a quarterly loss. But cost-cutting measures after its $15 billion acquisition of specialty chemicals maker Rohm and Haas Co. and strength in its agricultural business --...

Posted on April 30, 2009 8:44 AM

'Shocked' Dow Chemical pursues legal action against Kuwaitis (from Corporate Dealmaker)

Dow Chemical Co., in a move it "doesn't take lightly," will pursue legal action after a surprising decision by the Kuwaiti Supreme Petroleum Council. On Dec. 28, the council withdrew its earlier approval of Dow's joint venture with Kuwait Petrochemical Industries Co. It's no wonder Dow was "shocked by...

Posted on January 6, 2009 9:11 AM