|Bid||48.06 x 900|
|Ask||48.07 x 900|
|Day's Range||47.12 - 48.22|
|52 Week Range||40.44 - 60.52|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||14.15|
|Forward Dividend & Yield||2.80 (5.81%)|
|1y Target Est||54.55|
DOW UPDATE The Dow Jones Industrial Average is flat Monday morning with shares of Dow Inc. and UnitedHealth seeing positive gains for the blue-chip average. The Dow (DJIA) is trading at 26,934, unchanged from yesterday's close.
Dow Inc. disclosed Monday that a Canadian court has ordered Nova Chemicals Corp. to pay Dow C$1.43 billion ($1.08 billion) for damages through 2012 related to the jointly-owned ethylene asset in Joffre, Alberta. The payment was ordered to be made on Oct. 11, but the judgment is subject to appeal. Dow said it expects to record a gain related to the judgment in the third quarter. Dow's stock, which was still inactive in premarket trading, has slipped 0.3% over the past three months, while the SPDR Materials Select Sector ETF has gained 1.2% and the Dow Jones Industrial Average has tacked on 0.8%.
The Court of the Queen’s Bench in Alberta, Canada, has signed a judgment ordering Nova Chemicals to pay Dow CAD$1.43 billion on October 11, 2019, for damages Dow incurred through 2012 related to the companies’ jointly-owned ethylene asset in Joffre, Alberta, Canada.
The top pesticide companies in the world demonstrated merger and acquisition activity that may concentrate food production to just a few, massive companies.
Award winners represent some of the most innovative packaging breakthroughs in technology, user experience and responsible packaging. MIDLAND, Mich. , Sept. 19, 2019 /PRNewswire/ -- Today, Dow announced ...
DOW UPDATE Dragged down by negative returns for shares of Dow Inc. and Walgreens Boots, the Dow Jones Industrial Average is declining Wednesday afternoon. The Dow (DJIA) was most recently trading 79 points, or 0.
DOW UPDATE Dragged down by declines for shares of Dow Inc. and Caterpillar, the Dow Jones Industrial Average is falling Wednesday afternoon. The Dow (DJIA) was most recently trading 152 points (0.6%) lower, as shares of Dow Inc.
DOW UPDATE Shares of 3M and Dow Inc. are trading lower Tuesday morning, sending the Dow Jones Industrial Average into negative territory. The Dow (DJIA) was most recently trading 68 points lower (-0.3%), as shares of 3M (MMM) and Dow Inc.
Award winners represent some of the most innovative packaging breakthroughs in technology, user experience and responsible packaging.
Equity markets were relatively quiet on Monday, which is perhaps surprising given that crude oil prices rocketed higher. The commodity jumped more than 13% after a drone strike in Saudi Arabia over the weekend. Here are some top stock trades to watch this week. Top Stock Trades for Tomorrow No. 1: Schlumberger (SLB)Shares of Schlumberger (NYSE:SLB) are up over 5% on the day and could rally even further should demand for crude oil remain strong. On the charts, though, SLB stock is running into an important level. InvestorPlace - Stock Market News, Stock Advice & Trading Tips$40 was support from February until May, when share prices broke down. In July, $40 was a tough level of resistance that forced SLB back to new lows. It has been a tough ride for shareholders. However, with Monday's gap up, shares are above the 200-day moving average. If they can reclaim $40, the 38.2% level near $43.50 is on the table. Above $44 and the 50% retracement is possible. On the downside, see that SLB stays above prior downtrend resistance (the blue line). Top Stock Trades for Tomorrow No. 2: Exxon Mobil (XOM)Like SLB, Exxon Mobil (NYSE:XOM) isn't getting quite the same boost that crude oil is, up "just" 1.6% near the close on Monday. * 7 Tech Stocks You Should Avoid Now From here, bulls will want to make sure XOM stock stays above the 200-day moving average and the 61.8% retracement at $73.33. If it can, the 50% retracement near $76 is on the table, with the next upside target being June/July resistance at $77.If support gives way, I want to see XOM hold up above prior downtrend resistance. Clearing downtrend resistance is a big setup for a lot of down-and-out energy names. Now it needs to stick. Top Stock Trades for Tomorrow No. 3: Kirkland Lake Gold (KL)After last week's retreat, gold is on the move higher again. That's giving a boost to Kirkland Lake Gold (NYSE:KL), which is up 4.3% on the day. However, that's well off the highs near $45. Shares are near a key point on the charts. Should KL close below $42, it will lose short-term support (black line) and uptrend support (blue line). That could open it up to a test of the 200-day moving average.What bulls really need to see is for this support level to hold, and for KL stock to reclaim the 50-day moving average. If it can, it puts $50-plus on the table. Top Stock Trades for Tomorrow No. 4: ServiceNow (NOW)The setup in ServiceNow (NYSE:NOW) is pretty straightforward. Support at $250 held, as shares work on reclaiming the 20-day moving average. If it does, it puts downtrend resistance (blue line) on the table, with a test of $270 as the next upside target above that. However, if the 20-day or downtrend resistance rejects NOW, see that $250 again holds as support.If it fails, a test of the 200-day moving average is likely. Top Stock Trades for Tomorrow No. 5: DowWe've kept an eye on Dow (NYSE:DOW) thanks to that big dividend yield. However, more recently it's been the bullish price action.After bottoming out around $40 last month, shares have been quick to reclaim both the 20-day and 50-day moving averages. Further, Dow stock has also reclaimed the key $47 level. That puts $52 on the table now. On a pullback, I would love to see the $47 level now act as support. However, the 50-day also attracted buyers on two consecutive pullback days (blue box) earlier this month. So that mark is the must-hold for now, in my view. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post 5 Top Stock Trades for Tuesday: SLB, XOM, KL appeared first on InvestorPlace.
Today, Dow (DOW) was named to the Dow Jones Sustainability World Index (DJSI) by S&P Dow Jones Indices and RobecoSAM, the investment specialist focused exclusively on Sustainability Investing. This is the 20th year Dow has achieved this prestigious ranking as one of the top companies in the global chemical industry in terms of sustainability performance. “We are humbled to be named to the Dow Jones Sustainability World Index, continuing our sustainability progress as the new Dow,” said Mary Draves, chief sustainability officer and vice president of environment, health and safety.
Behind strong returns for shares of UnitedHealth and Dow Inc., the Dow Jones Industrial Average is trading up Friday morning. The Dow (DJIA) was most recently trading 71 points, or 0.3%, higher, as shares of UnitedHealth (UNH) and Dow Inc. (DOW) are contributing to the blue-chip gauge's intraday rally. UnitedHealth's shares are up $6.41, or 2.8%, while those of Dow Inc. are up $0.54, or 1.2%, combining for a roughly 47-point boost for the Dow.
DowDuPont was a huge company that broke apart into three companies: Dow, DuPont, and Corteva. DuPont could get smaller still, according to Citigroup, and that’s good for shareholders.
DOW UPDATE Shares of Dow Inc. and Boeing are trading higher Tuesday afternoon, lifting the Dow Jones Industrial Average into positive territory. Shares of Dow Inc. (DOW) and Boeing (BA) have contributed around a third of the blue-chip gauge's intraday rally, as the Dow (DJIA) is trading 23 points higher (0.
DOW UPDATE The Dow Jones Industrial Average is rallying Thursday morning with shares of Intel and Dow Inc. leading the way for the blue-chip average. The Dow (DJIA) is trading 373 points (1.4%) higher, as shares of Intel (INTC) and Dow Inc.
By their nature, turnaround stocks involve a fair amount of risk. One way to help reduce that risk is to find out-of-favor stocks that offer high dividend yields, suggests George Putnam, editor of The Turnaround Letter.
It has been a bumpy few years for investors in Ford (NYSE:F) stock. The company blasted out of the recession, with Ford stock running up to as high as $17 in 2014. Since then, however, fate has not been so kind to Ford stock investors.Auto sales peaked a few years ago in North America. Meanwhile, Europe faces persistent economic weakness and the trade war has cast a huge shadow over the company's operations in China. Alarmingly, rival General Motors (NYSE:GM) has made huge inroads in that market as well. * 7 Tech Industry Dividend Stocks for Growth and Income In any case, add it all up, and Ford's stock price has been in a long steady decline. Since 2014, shares have lost nearly half their value, and with hardly any significant rallies along the way. While Ford pays a generous dividend, that hasn't been enough to make up for the stock's inexorable decline. Things may be about to take a turn for the better, however.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Auto Market Is Heating UpWhile the auto industry is hardly booming right now, things are perking up. Look at the most recent monthly data. Thomas King, a senior VP of data analytics for JD Power, said that: "Strong volumes coupled with higher average sales prices means that consumers will spend more purchasing new vehicles in August than any month in history."Encouragingly for the auto makers, the average sale price of vehicles is rising nicely as more customers buy SUVs. The extended weakness in oil prices has resulted in cheaper gasoline, and people are taking that into account when purchasing new vehicles. With Ford relying on the F-150 for so much of its profits, gas prices are a solid tailwind for the firm.Turning back to the figures, however, August numbers won't be enough to make 2019 a huge year for auto sales. JD Power and LMC Automotive are still forecasting a 1.7% decline in total light vehicle sales for 2019. But that's nearly flat, and is well ahead of some more pessimistic assessments earlier this year. F Stock's Huge DividendIf you look at all 500 companies in the S&P 500, Ford stock currently offers the 13th-highest dividend yield of all. Its 6.54% dividend yield is only a whisker behind Dow (NYSE:DOW) at 6.61% for being the highest-yielding industrial company in the index. Nearly all of the companies that yield more than Ford are deeply troubled businesses, such as slumping oil and gas companies or struggling firms in the retail sector.F stock, by contrast, is still performing reasonably well while offering its massive yield. Given its 2018 results, Ford can easily sustain its current dividend. Earnings were double its dividend payout from last year.Similarly, the company's cash flow after accounting for CAPEX left it enough room to pay more than twice the present dividend rate. We're not at peak auto sector profits right now either. That said, if another big recession comes around, the dividend might run into trouble; Ford had to suspend its payouts for several years during the financial crisis. Profitability a Significant Concern for Ford StockIt's not all great news for Ford stock though. The big issue facing the firm right now is that profitability has stalled out. While the company has grown revenues by roughly half since the financial crisis, net income has barely budged. It varies from year to year but there's been little in the way of meaningful growth.Ford is making a gigantic multi-billion dollar restructuring effort. Much of its focus is with international operations; the company is not earning money in various of its overseas markets. All these attempts at cost-cutting are angering some members of the labor force though. With the tight job market in the U.S. and Canada among other places, it may be difficult for Ford to save that much money by squeezing costs. Trade War Hits ProfitsThere's also the uncertainty of what will happen as the trade war intensifies. Through 2017, China accounted for around 20% of Ford's overall vehicle sales. This figure dropped in 2018, and will almost certainly struggle as long as the current icy relations persist.Europe is another key market. It makes up around 25% of Ford's overall vehicle sales. In recent weeks, we've seen Trump step up tariff talk toward Europe. We'll have to wait and see how far things escalate there. Also, a newly-planned trade deal between Europe and certain countries in South America including Brazil and Argentina may be disintegrating. That could affect Ford's supply chain logistics going forward.Speaking of supply chain logistics, there's also the NAFTA replacement deal -- USMCA -- to think about. In theory, Congress should approve it soon. It appears to have enough bipartisan support, however, democratic leadership hasn't let it come up for a vote yet. Canada hasn't ratified the USMCA either -- only Mexico has succeeded in that step. Should political issues arise and end up sinking the USMCA trade pact, it'd be a big blow for Ford stock. Ford Stock VerdictNowadays, it seems many investors are fascinated with upstart auto stocks like Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO). It's important to keep things in perspective, however. Those firms are producing thousands of cars per month or quarter. Ford, by contrast, delivered nearly six million vehicles in 2018, and accounts for nearly 7% of the world's auto market and 14% of sales in North America.Ford survived the financial crisis and it's doing fine now, even with the downturn in the auto industry. For the F stock price to really shoot up, the company needs to obtain higher profit margins. This recent trend of revenue growth but flat profits does little for the share price.That said, the business is stable, the nearly 7% dividend is sustainable, and auto sales are starting to heat up. As a result, Ford stock could top $10 a share in coming months.At the time of this writing, Ian Bezek owned DOW stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Best Tech Stocks to Buy Right Now * 10 Mid-Cap Stocks to Buy * 8 Precious Metals Stocks to Mine For The post Buy Ford Stock for Big Dividends and Improving Auto Sales appeared first on InvestorPlace.
Germany will ban the use of the weedkiller glyphosate - the subject of billion-dollar U.S lawsuits over claims it causes cancer - from the end of 2023 and limit its use before then, the Environment Ministry said on Wednesday. Germany's move comes after Austria's lower house of parliament in July passed a bill banning all uses of glyphosate and after some 20 French mayors last month banned it from their municipalities, defying the government. Glyphosate is cleared for use in the European Union until December 2022.
Fridays leading into holiday weekends, particularly the Friday prior to Labor Day, usually don't generate much excitement on Wall Street and if there is, it's usually a bad sign. So with that in mind, today's results were nothing to be concerned about.Source: ymgerman / Shutterstock.com In fact, the results for this Friday, the last trading day of August, weren't too shabby when considering there was a concerning consumer data point released earlier today. Regular readers know that I've been beating the consumer drum quite a bit recently and it is a story worth following for investors."The University of Michigan's final sentiment index fell to 89.8 in August from a previously reported 92.1 and 98.4 in July," according to Bloomberg. "The gauge of current conditions dropped to the lowest since October 2016, while the expectations index matched January as the weakest since that same period."InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off Even with that the Nasdaq Composite finished lower by 0.13% while the S&P 500 eked out a gain of 0.06%. The Dow Jones Industrial Average finished the day up 0.16%. In late trading, just over half of the Dow's 30 components were trading higher. Dow Winners With AsterisksToday's Dow Jones Industrial Average winners were not large in percentage terms, but two of the standouts merit caution and not just because they are defensive names. Plenty Dow stocks with defensive leanings have been solid performers for the bulk of this year, but UnitedHealth (NYSE:UNH) isn't a member of that group.The healthcare benefits giant gained 1.35% today, good for the best performance among Dow stocks, but the shares still finished August with a loss of more than 1.44%. The best-case scenario is that traders were doing some nibbling at UNH shares today in anticipation of a possible rally over the last four months of the year, but my prescription for caution here stems from a looming democratic debate in September, which could stir more Medicare For All talk. That's always a drag on UNH.Walgreens Boots Alliance (NASDAQ:WBA) jumped 1.57% today, but this is another example of a dog Dow stock with fleas. Despite today's gain, this Dow stock also finished August with a loss of more than 7%.Two other Dow stocks that were winners today, each closing higher by about 1% that I'd be careful with are Caterpillar (NYSE:CAT) and Dow (NYSE:DOW). These are both tariff-sensitive names that notched double-digit declines this month. Maybe trade talks will progress, providing catalysts for these type of cyclical stocks, but in absence of those headlines, investors considering Dow stocks of this nature are likely making no more than technical bets over the near-term. Defensive DeparturesAs I noted above, there were some bounces in defensive Dow stocks today while some similar names saw departures. Namely, McDonald's (NYSE:MCD) and Procter & Gamble (NYSE:PG) were two of the blue chip index's worst-performing names today, each shedding more than 1%.Speculation here, but today's action in those stocks may have been nothing more than some profit taking because McDonald's and P&G posted an average August gain of 3.66%. Given September's reputation for being a rough month for stocks, it would not be surprising to see those Dow stocks do a little better next month. Dow Bottom LineWith all the talk about trade tensions and the Federal Reserve's plans for interest rates, investors should not take their eyes off the earnings ball. Unfortunately, the news isn't so hot to this point in the the third quarter."During the first two months of the third quarter, analysts lowered earnings estimates for companies in the S&P 500 for the quarter," according to FactSet. "The Q3 bottom-up EPS estimate (which is an aggregation of the median EPS estimates of all the companies in the index for the third quarter) dropped by 3.0% (to $41.64 from $42.90) during this period."On another note, investors looking for sector-level ideas for September may want to consider financial services and utilities, which on a historical basis, are the best-performing groups in the ninth month of the year.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post Dow Jones Today: It Could Have Been Worse appeared first on InvestorPlace.