Dow targets $1B cost reduction by 2026 amid prolonged economic challenges
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 ...
MLive39m
Dow announces 1,500 planned layoffs, Michigan impact unknown
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.
Material sciences company Dow posts Q4 loss, says it’s cutting 1,500 jobs, 4% of workforce
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 ...
U.S. Economy Grew Slower In Fourth Quarter, But Still Solid
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending. ...
Dow (DOW) Q4 2024 Earnings Call Transcript
Operator Greetings, and welcome to the Dow fourth quarter 2024 earnings conference call. At this time, all participants are ...
Dow Misses Q4 EPS, Revenue Expectations
The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.
IBM Stock Tests New Record High After Earnings
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the ...
Dow cuts 1,500 jobs as it looks to save $1 bln amid market pressures
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.
WNEM-TV2h
Dow cutting 1,500 jobs to cut costs
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.
Dow Jones Today: Stock Futures Mixed as Investors Digest Flurry of Tech Earnings, Key Economic Data
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Caterpillar misses on revenue again, warns of a decline in 2025
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 ...
UPS to cut Amazon business by more than 50%. Its stock is tumbling.
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...