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Dow Chemical Downgraded

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October 13, 2008 |Comments: 0
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DOW | ROH

Analysts downgraded Dow Chemical Co. (DOW) on Monday and trimmed the chemical bellwether’s EPS estimates on possibilities of near-term weakness. The stock gained 4.18% in the morning.

According to analysts, the consensus earnings estimates for the third quarter -- 64 cents per share -- and the outlook for 2009 look too high. There are also concerns over the Rohm and Haas (ROH) acquisition. The shares of ROH are up over 11% since morning.


Read the full analyst report on DOW

Read the full analyst report on ROH

 
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