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Chemicals maker Dow sees positive polyethylene price action in September
Yahoo Finance· 2025-09-11 19:54
Group 1 - The polyethylene market is expected to experience positive price action in September after a decline in the second quarter due to tariff uncertainties, with no significant inventory build observed [1] - The company has reported stable volumes, strong export capabilities, and low-cost positions in the United States during the third quarter [2] - Ongoing tariff and geopolitical uncertainties have impacted demand patterns, particularly in the industrial infrastructure and durable goods sectors [2] Group 2 - A reduction in interest rates is anticipated to aid recovery in depressed end markets such as housing and durable goods, which are sensitive to rates and affordability [3] - The company is adding additional capacity to its net-zero petrochemical project, Path2Zero production complex, in Alberta, Canada, with an update expected by year-end [3] - The project timeline has been delayed by one to two years due to unfavorable market conditions, with construction initially planned to begin in 2024 [4]
Deadline Alert: Dow Inc. (DOW) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-09-11 16:37
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming October 28, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Dow Inc. ("Dow†or the "Company†) (NYSE: DOW) securities between January 30, 2025 and July 23, 2025, inclusive (the "Class Period†). IF YOU SUFFERED A LOSS ON YOUR DOW INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UN. ...
Futures Rise To New All Time High Ahead Of CPI Report
ZeroHedge· 2025-09-11 12:20
US equity futures have a slight bid into today's CPI print - the last key macro datapoint ahead of next week's rate decision - rising to another daily record high, let by Tech. As of 8:10am, S&P futures rise 0.2% after back-to-back all-time highs while Nasdaq 100 futures rise 0.3% with AAPL and AMZN leading the Mag7 higher and ORCL +1.4% after its +36% move yesterday. In a familiar pattern this week, Cyclicals are outperforming Defensives pre-mkt. European stocks also drifted higher while Chinese stocks cap ...
Covestro shares climb as ADNOC plans EU concessions
Reuters· 2025-09-11 09:45
Shares in German chemicals maker Covestro rose on Thursday after Reuters reported that ADNOC was preparing to make concessions in response to an EU subsidy investigation of its 14.7 billion euro ($17.... ...
Kuraray Establishes "Kuraray Asia Pacific Technical Center" in Singapore
The Manila Times· 2025-09-11 06:25
-Launched as Base for Creating Customer Value in Rapidly Growing Asian Market- TOKYO, Sept. 11, 2025 /PRNewswire/ -- Kuraray Co., Ltd., headquartered in Tokyo, announced on September 11 that its subsidiary in Singapore, Kuraray Asia Pacific Pte. Ltd., has established the "Kuraray Asia Pacific Technical Center" in Singapore Science Park as a technical support base for the Asian market.Logo: https://cdn.kyodonewsprwire.jp/prwfile/release/M108832/202509084782/_prw_PI4fl_6Xp93mB0.png Exterior of "The Galen," th ...
Celanese Corporation (CE) Drops 13% Amid Another Inventory Destocking Disclosure – Hagens Berman
Globenewswire· 2025-09-10 16:19
Core Viewpoint - Celanese Corporation's share price dropped significantly following disappointing financial results and ongoing inventory destocking issues, leading to an investigation into potential misleading disclosures to investors [1][4][5]. Financial Performance - On August 12, 2025, Celanese reported Q2 2025 financial results, resulting in a share price decline of $6.20 (-13%) due to ongoing inventory destocking issues [1]. - The company experienced a 54% decline in net cash provided by operations for the nine months ended September 30, 2024, compared to the same period in 2023, attributing this to inventory increases and timing of collections [3]. - Subsequent quarterly reports in February and May 2025 continued to show disappointing results, with significant automotive destocking impacting performance [4]. Investigation Details - Hagens Berman has initiated an investigation into Celanese's disclosures regarding sales practices, inventory reporting, and growth trajectory, particularly in the Engineered Materials segment [2][5]. - The investigation is focused on whether Celanese misled investors about overloading customers with excess inventory [5]. Market Reaction - Following the Q3 2024 results announcement, Celanese shares fell 26% the next day, and further declines were observed after subsequent disappointing quarterly reports [3][4].
Trump's tariffs seen cutting into China sales of US companies, survey finds
Yahoo Finance· 2025-09-10 00:20
Core Insights - Many U.S. companies operating in China anticipate a decline in sales due to tariffs imposed by both the U.S. and China [1] - Nearly two-thirds of surveyed companies expect reduced revenues for their China operations in 2025 due to the tariffs [2] - U.S.-China tensions are identified as the primary challenge for companies over the next three to five years [5] Impact of Tariffs - Approximately 30% of respondents, particularly in banking and industries not reliant on U.S. imports or exports, do not foresee any impact from the tariffs [2] - The tariffs have significantly affected companies that export to the U.S. or import American components, with manufacturers being the hardest hit [3][4] - Close to 75% of manufacturers indicated that import taxes would negatively impact their revenues in China for 2025 [4] Trade Relations and Future Outlook - Ongoing trade talks between the U.S. and China have created uncertainty for companies planning for the future [3] - The American Chamber of Commerce in Shanghai emphasizes the need for improved bilateral relations as a top priority for businesses [5]
DOW INVESTOR DEADLINE: Dow Inc. Investors with Substantial Losses Have Opportunity to Lead the Dow Class Action Lawsuit
Prnewswire· 2025-09-06 14:00
Core Viewpoint - The law firm Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against Dow Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding the company's financial health and ability to manage macroeconomic challenges during the specified class period from January 30, 2025, to July 23, 2025 [1][4]. Group 1: Allegations and Financial Performance - The lawsuit claims that Dow overstated its ability to handle macroeconomic and tariff-related challenges, as well as its financial flexibility to support dividends, while understating the negative impacts of competitive pressures, declining global sales, and product oversupply [4]. - On June 23, 2025, BMO Capital downgraded Dow's stock from "Market Perform" to "Underperform," reducing the price target from $29.00 to $22.00, which led to a stock price drop of over 3% [5]. - Dow reported a non-GAAP loss per share of $0.42 for Q2 2025, significantly worse than the expected loss of $0.17 to $0.18, with net sales of $10.1 billion, a 7.3% year-over-year decline, missing estimates by $130 million [6]. Group 2: Dividend and Market Conditions - Following disappointing financial results, Dow announced a dividend cut from $0.70 to $0.35 per share, citing the need for financial flexibility in a challenging macroeconomic environment [6]. - The CEO attributed the poor performance to a prolonged earnings downturn in the industry, exacerbated by trade and tariff uncertainties, and noted signs of oversupply from new market entrants [6]. Group 3: Legal Process and Representation - Investors who purchased Dow securities during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to act on behalf of other class members [7]. - Robbins Geller Rudman & Dowd LLP is recognized as a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Tronox Holdings plc Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – TROX
GlobeNewswire News Room· 2025-09-05 22:42
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Tronox Holdings plc common stock during the specified Class Period, indicating potential legal issues surrounding the company's financial disclosures and performance [1][5]. Group 1: Lawsuit Details - The class action lawsuit is filed for purchasers of Tronox common stock between February 12, 2025, and July 30, 2025, inclusive [1]. - The lawsuit claims that Tronox provided misleading statements regarding its ability to forecast demand for its products, leading to a decline in sales and increased costs, which ultimately affected revenue projections [5]. Group 2: Investor Information - Investors who purchased Tronox common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of November 3, 2025 in Tronox Lawsuit – TROX
GlobeNewswire News Room· 2025-09-05 21:03
Core Viewpoint - Tronox Holdings plc is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 12, 2025, and July 30, 2025 [1] Company Performance - The lawsuit claims that Tronox provided overly positive statements while concealing material adverse facts about its commercial division and demand forecasting for its products [2] - Following the announcement of second-quarter financial results on July 30, 2025, Tronox reported a significant decline in TiO2 sales, attributing it to a softer coatings season and increased competition [2] - As a result of the disappointing sales performance, Tronox lowered its full-year revenue guidance and reduced its dividend by 60% [2] Stock Market Reaction - Tronox's stock price experienced a dramatic decline from $5.14 per share on July 30, 2025, to $3.19 per share on July 31, 2025, marking a decrease of approximately 38% in just one day [2] Legal Proceedings - Investors who suffered losses during the specified timeframe have until November 3, 2025, to request to be appointed as lead plaintiff in the lawsuit [3] - Participation in the lawsuit does not require any out-of-pocket costs for class members [3] Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]