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Stock Market & Financial Investment News

News Breaks
March 31, 2014
09:05 EDTDOW, MITSYDow-Mitsui Chlor-Alkali facility initiates full-scale, chemical production
Dow Chemical (DOW) announced that its joint venture membrane chlor-alkali facility with Mitsui & Co (MITSY) of Tokyo, Japan successfully initiated full-scale, commercial production. Dow’s share of the chlorine produced at the Dow-Mitsui Chlor-Alkali Freeport, Texas, facility will serve the growing feedstock needs of its performance- and market-driven businesses. In addition, Dow will market the caustic soda on behalf of the joint venture. The new facility has a name plate capacity of approximately 800 kilotons per annum of chlorine. As previously announced in December 2013, this new world scale facility will replace 800 KTA of older capacity on the site.
News For DOW;MITSY From The Last 14 Days
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May 20, 2015
08:48 EDTDOWNomura taking a bullish long-term view on ethylene
Nomura believes the market is overestimating the potential decline in ethylene/polyethylene margins. The sees the current global tightness as a bullish sign for 2016-2017 and recommends positioning Dow Chemical (DOW) over LyondellBasell (LYB) due to lower reliance on an upside ethylene margin story.
May 15, 2015
11:08 EDTDOWOmega Advisors gives quarterly update on stakes
NEW STAKES: Targa Resources (TRGP), Targa Resources Partners (NGLS), Humana (HUM), Dow Chemical (DOW), and Twenty-First Century Fox (FOXA). INCREASED STAKES: Kinder Morgan (KMI), Chimera Investment Corporation (CIM), AerCap Holdings (AER), Shire (SHPG), and KKR & Co. (KKR). DECREASED STAKES: eBay (EBAY), Altisource Portfolio Solutions (ASPS), Caesars Entertainment (CZR), Navient (NAVI), and TerraForm Power (TERP). LIQUIDATED STAKES: HCA Holdings (HCA), Gilead (GILD), Cabot Oil & Gas (COG), and Apple (AAPL).

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