Dow Chemical's net beats expectations on strong sales

Article Abstract:

Dow Chemical Co. posted $268 million (267.6 million euros) in net income for the 1999 fourth-quarter. This represents an improvement of 84% compared to the same period in 1998.

Dow Chemical Co. (Midland, Michigan)

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Union Carbide's net falls 53%

Article Abstract:

Union Carbide Corp. posted a decline of 53% in its earnings for the second-quarter of 1999. The company posted the decline despite the fact that it saw a $9 million (8.6 million euros) after-tax payment from a legal settlement. The financial boost could not offset Union Carbide's weak prices and increasing costs for feedstock. The company posted $56 million in net income for the period.

Comment:

Posts decline of 53% in earnings for second-quarter of 1999

Union Carbide Corp.

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Lyondell issues warning on earnings

Article Abstract:

Lyondell Chemical Co. cautioned that its profits are being hit harder than it previously expected as a result of increasing oil prices. Analysts now believe that their earnings estimates for the company's 1999 third-quarter are too high. The hope for an improved second-half of 1999 for Lyondell was destroyed after the company gave its earnings warning.

Lyondell Chemical Co.

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