Chemicals Company Dow Cuts Outlook Amid Production ChallengesDow Inc. (NYSE:DOW) shares are trading lower after it revised its third-quarter outlook.The company lowered its guidance for revenue to around $10.6 billion (vs. consensus $11.0 billion) from $11.1 billion earlier and expects operating EBITDA of around $1.3 billion.The revised outlook reflects a major unplanned event at a Texas ethylene cracker in late July, alongside higher input costs and margin compression in Europe.However, these challenges are expected to be partly mitigated by improved pricing and feedstock costs in North America for Packaging & Specialty Plastics.Also Read: Linde Invests Over $2B For Clean Hydrogen,…
Author: user
KOBLENZ, Germany – (NewMediaWire) – January 22, 2024 – Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8) invites investors and analysts to a web conference on January 29, 2024, 10:30 a.m. CET, on the occasion of the publication of its Q1 FY2024 results.In the web conference, the management board of Stabilus SE will present the company’s development in the first quarter of fiscal 2024 (ends September 30, 2024) by means of a presentation. The Q1 statement and the corresponding presentation will be available on the company’s website at ir.stabilus.com on January 29, 2024, at 7:00 a.m. CET. Also, a Corporate News will…
CINCINNATI — Bengals linebacker Logan Wilson returned to practice on Thursday. The veteran missed Wednesday’s session with a knee injury, but was dressed and participating during the portion of practice that was open to the media. It’s a good sign for Wilson, who led the Bengals with 12 tackles in their season opening loss to the Patriots. Cincinnati is hoping to avoid an 0-2 start for a third-straight season. Logan Wilson is dressed for practice #Bengals pic.twitter.com/s9JcZc6vVI— James Rapien (@JamesRapien) September 12, 2024For more on the Bengals, subscribe to our YouTube Channel and watch the video below:Make sure you bookmark BengalsTalk.com for the…
What’s better than watching football? Watching football and winning money!You can partake in the best of both worlds while watching Week 3 of the college football season this weekend with our free-to-play FOX Super 6 game.How do you play? Enter the college football Super 6 contest by predicting the correct answers to six questions before the games start for your chance at weekly cash prizes. All you have to do is finish in the top six to win a prize.It really is that simple, and again, it’s free.And if you need a little help before heading to the app to make…
Minnesotans will vote on where lottery money goes in November Minnesotans will vote on where lottery money goes in November 01:57 ST. PAUL, Minn. — When you buy your lottery tickets you may be dreaming of a big win, but lottery players have been delivering $1 billion worth of big wins to the Minnesota environment for the last 30 years. Forty percent of lottery proceeds go to the state Environment and National Resources Trust Fund, which funds projects like Dakota County’s Thompson Park.”All over the state, every corner of the state, if you are a Minnesotan, if you walked on a…
Why did Ripple (XRP) soar on Thursday morning? A familiar fund manager is finally making moves in the XRP space. The XRP (XRP 3.63%) cryptocurrency, often known as Ripple, jumped as much as 6.5% higher on Thursday morning. By 11:45 a.m. ET, the digital currency traded at 4.4% above the price from Wednesday’s traditional market-closing bell. XRP rose as a familiar fund manager announced the formation of a mutual fund focused on owning XRP tokens. Grayscale’s history with crypto funds The fund manager in question is Grayscale, a veteran of running mutual funds and exchange-traded funds (ETFs) in the cryptocurrency…
(Bloomberg) — Some hedge funds are adding bullish yen wagers in the options market on their expectation that the currency will extend the rally that’s made it the world’s top performer this quarter.Most Read from BloombergThey’re placing long positions on the yen against currencies including the Australian dollar, Swiss franc and the offshore Chinese yuan, according to traders who asked not to be identified commenting on the foreign-exchange market.Signs that the Bank of Japan is intent on raising interest rates further — albeit not at next week’s meeting — have helped the yen advance about 14% versus the greenback since…
UPDATE: Chattanooga firefighters spent hours trying to put out a fire that ultimately destroyed a home in Hixson on Thursday.CFD crews were called to the home on Patriot Lane in the Big Ridge community at around 4:30am.The fire started in the backyard, and quickly spread, consuming the decks and eventually reaching the house.Firefighters were able to keep the flames at bay for most of the morning, but unsafe conditions led to major issues.As the structural integrity of the home waned, crews on the frontline fighting the fire were forced to pull back.The home ended up collapsing, resulting in a total…
The recent rebound from its 10 September low of 18,186 has faced a hurdle to clear above its 20-day moving average. Several key elements are advocating for a potential short to medium-term bearish reversal. Watch the key resistance at 18,660. After the 9.4% drop seen in the Germany 30 CFD Index (a proxy for the DAX futures) from the 12 July 2024 high to the 5 August 2024 low, its price actions have recouped all its prior losses and revisited its current all-time high area at 18,930/18,994. Since 3 September, it has faced a hurdle to clear above the 18.930/18,994…
(Bloomberg) — China’s government bonds extended an advance, sending benchmark yields to a record low, as traders piled into the securities despite the authorities’ pushback against the rally.Most Read from BloombergThe yield on the most actively traded 10-year sovereign notes slid to 2.075%, a level unseen since official record became available in 2002. The move came even as state banks were seen becoming more active in selling long-dated bonds in the secondary market in recent days, a sign the People’s Bank of China may have intervened to cool the rally.The development underscores a wide difference between where traders and Chinese…