Dow: Dow Q1 Results Beat Market, Announces Further Actions To Improve Profitability; Stock Up - Update
Dow Inc. (DOW) on Thursday reported loss in its first quarter, compared to prior year's profit, with weak sales. However, operating earnings and top line were better than market estimates. Further, the company announced various actions to improve profitability and support cash flow amid ongoing macroeconomic challenges.
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Dow is a Michigan-based multinational chemical company that manufactures products such as additives, amines and monomers for sectors including food and healthcare.
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