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Home Business Bleak Macro-economic Conditions Cause Dow’s Profit To Fall
  • Business

Bleak Macro-economic Conditions Cause Dow’s Profit To Fall

Saul Griffith
-
Jul 26, 2012, 1:00 pm
0
Bleak Macro-economic Conditions Cause Dow’s Profit To Fall

Bleak Macro-economic Conditions Cause Dow's Profit To Fall

The Dow Chemical Company (NYSE:DOW), the world’s second biggest producer of chemicals, reported second quarter results that missed estimates for both earnings and revenues. Earnings were lower by 31% compared to the previous year, due to slowing demand around the world and pricing pressures.