Bleak Macro-economic Conditions Cause Dow’s Profit To FallVW Staff
The Dow Chemical Company (NYSE:DOW), the world’s second biggest producer of chemicals, reported second quarter results that missed estimates for both earnings and revenues. Earnings were lower by 31% compared to the previous year, due to slowing demand around the world and pricing pressures.
"World economic activity saw marked deterioration throughout the second quarter, driven primarily by Europe's persistent recessionary conditions. Activity in China and elsewhere . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible