Law Blog - WSJ.com (Free subscription) | 11/12/2009
Dow Chemical Co. Chief Executive Andrew Liveris laid out an ambitious plan Thursday for the company to nearly double margins and quadruple earnings per share while reducing debt in coming years, as it undertakes a massive restructuring in the wake of its acquisition of rival Rohm & Haas Co.
San Fransisco Chronicle (Free subscription) | 11/12/2009
... are on target to yield more than $3.5 billion in gross proceeds.In a meeting with investors, CEO Andrew Liveris mapped out a three-path process for 2010 that will further cut debt by about $12 billion.The first path involves an additional $3.5 billion in divestitures, which includes the sale of the company's Styron business. Dow expects this deal to close in the first quarter of 2010....
Seattle Post-Intelligencer (Free subscription) | 11/12/2009
... are on target to yield more than $3.5 billion in gross proceeds.In a meeting with investors, CEO Andrew Liveris mapped out a three-path process for 2010 that will further cut debt by about $12 billion.The first path involves an additional $3.5 billion in divestitures, which includes the sale of the company's Styron business. Dow expects this deal to close in the first quarter of 2010....
The Street (Free subscription) | 11/12/2009
... that the company had been set back by the Rohm deal and over-encumbered with debt. Dow's chief, Andrew Liveris, said during the call that Rohm's business will add 10% to the combined company's top line, according to a Reuters report, and will produce per-share earnings in 2012 of $4 to $4.50. In keeping with all the Rohm-related talk, Dow also announced on Thursday morning that it...
People Daily (Free subscription) | 11/04/2009
Chinese Vice Premier Wang Qishan on Wednesday called on beefed-up Sino-U.S. coordination and cooperation in fighting the global financial crisis. Wang made the call during a meeting with a delegation from the U.S.-China Business Council, led by Chairman Andrew Liveris. As the global economic recovery still faces uncertainties, the two sides should enhance coordination and work closely...
Xinhuanet (Free subscription) | 11/04/2009
BEIJING, Nov. 4 (Xinhua) -- Chinese Vice Premier Wang Qishan on Wednesday called on beefed-up Sino-U.S. coordination and cooperation in fighting the global financial crisis. Wang made the call during a meeting with a delegation from the U.S.-China Business Council, led by Chairman Andrew Liveris. As the global economic recovery still faces uncertainties, the two sides should enhance coordination...
Seattle Post-Intelligencer (Free subscription) | 11/03/2009
... to the company's European headquarters in Horgen, Switzerland. He will report to company CEO Andrew Liveris.Merszei will also become chairman of the company's newly established Geographic Leadership Council, which is charged with building Dow's global franchise.
Fool.com (Free subscription) | 10/23/2009
... (Health and Agricultural Sciences, along with Basic Chemicals) dipped sequentially.But, as CEO Andrew Liveris noted during the company's conference call, much of the sequential strengthening resulted from Chinese demand. As he pointed out, "...here are some examples of the sequential volume growth we experienced in China, in particular: electronic materials, up 15%; coating and infrastructure...
Detroit Free Press (Free subscription) | 10/23/2009
... housing and automobile industries.That suggests the market has stabilized somewhat, said Andrew Liveris, Dow's chairman and CEO.Yet through next year, Liveris said, "operating plans do not count on material improvements in market conditions, and we remain tightly focused on those factors we can control, such as costs."Dow has spent the past nine months slashing costs by cutting...
Examiner (Free subscription) | 10/22/2009
... distressed housing and automobile industry. That suggests the market has stabilized somewhat, said Andrew Liveris, Dow's chairman and CEO.Yet through next year, Liveris said, "operating plans do not count on material improvements in market conditions and we remain tightly focused on those factors we can control, such as costs."Dow has spent the past nine months slashing costs...
Examiner (Free subscription) | 10/22/2009
... distressed housing and automobile industry. That suggests the market has stabilized somewhat, said Andrew Liveris, Dow's chairman and CEO.Yet through next year, Liveris said, "operating plans do not count on material improvements in market conditions and we remain tightly focused on those factors we can control, such as costs."Dow has spent the past nine months slashing costs...
Houston Chronicle (Free subscription) | 10/22/2009
The company, based in Midland, Mich., saw a modest uptick in revenue from the second quarter, even in chemicals used in the distressed housing and automobile industry. That suggests the market has stabilized somewhat, said Andrew Liveris, Dow's chairman and CEO.
Star Tribune (Free subscription) | 10/22/2009
The company, based in Midland, Mich., saw a modest uptick in revenue from the second quarter, even in chemicals used in the distressed housing and automobile industry. That suggests the market has stabilized somewhat, said Andrew Liveris, Dow's chairman and CEO.
Law Blog - WSJ.com (Free subscription) | 10/22/2009
OCTOBER 22, 2009, 7:16 A.M. ETDow Chemical's Net Soars 86% on Divestiture Gains BY MIKE BARRIS Dow Chemical Co.'s third-quarter profit soared 86% on divestiture gains. The chemical maker's core results beat Wall Street's expectations amid cost cuts and other moves designed to boost profitability.Chairman and Chief Executive Andrew Liveris said the economic outlook for the rest of year...
Miami Herald (Free subscription) | 10/22/2009
... and Dow saw a sharp increase in net income over the past three months as raw materials costs fell.Andrew Liveris, Dow's chairman and CEO, said the global economy was on a firmer footing, and described the recovery at home as "slow and tenous." The recovery right now, however, is being driven by sales in Asia, especially China, Dow said.Dow Chemical Co., of Midland, Mich., says profit...
