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Stock Market & Financial Investment News

News Breaks
August 8, 2014
13:53 EDTDOWDow Chemical sodium division could sell for $200M, Reuters reports
Dow Chemical has received interest from private equity firms in buying its sodium borohydride unit for $200M, according to Reuters, citing sources familiar with the transaction. The potential sale comes as Dow Chemical looks to raise $4.5B-$6B in proceeds from the divestment of non-strategic assets and businesses by the end of FY15. Dow Chemical's sodium unit generates about $28M in EBITDA, Reuters added. Reference Link
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September 18, 2014
08:01 EDTDOWDow AgroSciences announces R&D agreement with Lilly's Elanco
Two Indiana agricultural companies, Elanco, the animal health division of Eli Lilly and Company (LLY), and Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (DOW), are announcing a strategic research and development agreement that will focus on developing integrated solutions to enable livestock producers to increase meat and milk production to meet the demands of the growing global population.
07:01 EDTDOWDow says USDA allows commercialization of Enlist corn, soybean
Representing a significant milestone toward the commercialization of Dow’s Enlist corn and soybean traits in the United States, the U.S. Department of Agriculture yesterday issued its deregulation decisions after concluding one of the most thorough reviews of a biotech trait in history. With yesterday’s USDA action, the company now awaits EPA registration of Enlist Duo herbicide, the companion herbicide to the Enlist traits. Approval for Enlist Duo is expected in the near future, and commercial intentions for the technology in 2015 will be provided after the EPA has issued its decision on Enlist Duo herbicide.
06:54 EDTDOWUSDA approves plants able to withstand Dow Chemical pesticide, NY Times says
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September 17, 2014
10:33 EDTDOWDow Chemical on path to have more than $10B in EBITDA in near term
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September 10, 2014
19:18 EDTDOWDow Chemical loses appeal to receive $1B in tax deductions, Reuters says
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