$34.19
0.19 (+0.56%)
The Dow Chemical Company (NYSE:DOW)
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The company offers a innovative chemical, plastic and agricultural products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care.
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With the Kuwait deal off DOW has a cash problem with its acquisition of Rohm & Haas. Also everyone has such high hopes for this merger but merging two companies of this size is never efficient and will be a drag on profits for a couple of years. In the mean time DOW is stuck in the low margin basic chemicals market with slacking demand. Once petroleum returns to rational prices the cost of their feedstocks will rise further eroding profits.