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Credit Suisse notes that Dow Chemical (DOW) announced on Dec 28 it was informed by its partners in the proposed K-Dow joint venture of their intent t[...]
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Dow Chemical finally cut its dividend for the first time in almost 100 years. Dow is cutting it dividend by 64% from 1.68 cents to 60 cents. This is a good first step to improving the company’s cash position but the dividend cut may not be enough.
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Dow Chemical Co., the largest U.S. chemical maker, will eliminate 11 percent of its workforce, close plants and sell businesses as the deteriorating [...]
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The company's canceled deal with Kuwait's government sent its shares in a freefall.
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