Thursday, August 05, 2010

Dow’s Q2 profit lags behind estimates

Q2 profits posted by Dow is lagging behind analysts’ estimates due to reduced demand for crop-chemicals affected by adverse weather, and unexpected shutdowns of polymer plants in Texas and Argentina. Net income was US$651 mln compared with a net loss of US$344 mln a year ago.

For more details on Dow’s Q2 profit lags behind estimates click here

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