Dow Chemical profit up 44%


Forbes: The U.S. chemical maker reported $14.4 billion in revenue, up 5% from the same period last year.

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Forbes: The U.S. chemical maker reported $14.4 billion in revenue, up 5% from the same period last year.

Dow says the bump is due to price increases in regions where demand has been tightening. Excluding certain items, net income came in at $860 million swiftly beating the Street and up 43.6% from a year earlier. Earnings per share were 71 cents, a 22 cent gain and 4 cents ahead of expectations.

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