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MIDLAND, Mich. (WNEM) - Dow Inc. announced it is cutting 1,500 jobs globally in an effort to cut costs. The company made the announcement on Thursday, Jan. 30.
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Q4 2024 Management View CEO Jim Fitterling highlighted a 2% year-over-year decline in net sales to $10.4 billion, citing pricing pressures across all segments. Operating EBITDA was flat at $1.2 ...
Officials with Midland-based chemical company Dow have announced plans to reduce the company’s global workforce by about 1,500, or about 4%, but the local impact is unknown.
Dow Inc.’s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales ...
The S&P 500 Index ($SPX) (SPY) today is up +0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.33%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%. March E-mini S&P futures (ESH25) are ...
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak ...
The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.
Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
For 2025, the slight decline in revenue the company expects contrasts with the current FactSet consensus of $66.01 billion, which is 1.9% above 2024 revenue of $64.81 billion. Net income for the ...