Your email has been successfully added to our mailing list.

×
0 0 0 -0.0190348525469169 -0.0214477211796248 0.0168900804289543 -0.0219839142091153 -0.010455764075067
Stock impact report

Dow profits hit by oil crash, industrial lockdowns [Reuters]

Dow Inc. (DOW) 
Last dow inc. earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: Reuters
Dow profits hit by oil crash, industrial lockdowns (Reuters) - Dow Inc ( DOW.N ) posted a drop in adjusted quarterly profit on Thursday as its margins were squeezed by coronavirus-led falls in demand in some end markets and lower selling prices for its chemicals due to the collapse in global oil prices. While marginally topping analysts’ estimates for net profit and sales, Dow, which makes chemicals for industries ranging from plastics, to paints to building materials, said local prices fell 8%, driven by the decline in global energy prices. Volumes fell 2%, hurt by lower demand for polyurethanes - a plastic material - and for chemicals used in construction and automobiles, among the markets hit worst by the economic shutdowns to halt the spread of the virus. To cope with the hit, Dow said it would further cut its spending plans to $1.25 billion, a $750 million cut from last year, trim operating expenses by $350 million, and shore up another $500 million from working capital. The co Show less Read more
Impact Snapshot
Event Time:
DOW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for DOW alerts
Opt-in for
DOW alerts

from News Quantified
Opt-in for
DOW alerts

from News Quantified