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Dow Chemical settles case citing Supreme Court uncertainty

2016-02-27 05:44:22| Chemicals - Topix.net

In this Feb. 21, 2006 file photo, Supreme Court Justice Antonin Scalia gives the keynote speech on the debate over the role that international and foreign law should play in American judicial decision-making, during a day-long symposium at the American Enterprise Institute in Washington. Dow Chemical says it will pay $835 million to settle a long-standing class action lawsuit, after the death of Scalia decreased its chances of prevailing at the Supreme Court.

Tags: case court chemical supreme

 

Jim Cramer: Dow Chemical (DOW) Removed 'Uncertainty' by Paying $835 Million Settlement

2016-02-26 21:17:50| Chemicals - Topix.net

The Midland, MI-based chemical company chose to settle the lawsuit due to the increased likelihood for an unfavorable Supreme Court ruling, Dow said in a statement. The lawsuit alleged that Dow conspired with other companies on the price of urethane, Bloomberg reports.

Tags: million removed jim chemical

 
 

Volkswagen Delays Earnings Amid Uncertainty on Scandal's Cost

2016-02-06 11:43:33| Automakers - Topix.net

Volkswagen AG took the unusual step of delaying the publication of its annual results and pushed back its shareholders' meeting, showing the extent of the financial turmoil caused by the emissions scandal that has dogged the company since September. The company didn't say when it will publish earnings for 2015, which were originally scheduled for March 10. The company reiterated Friday that it expects an operating result on the level of the previous year, within the range of its earlier forecasts.

Tags: cost earnings delays volkswagen

 

'Global uncertainty' hits UK factories

2016-01-25 13:49:39| BBC News | Business | UK Edition

UK factories have seen only limited signs of a recovery in exports amid "global uncertainty", the CBI says.

Tags: global hits uncertainty factories

 

Fiat Chrysler Says 'Uncertainty' in Auto Segment Pushing Shares Lower

2016-01-20 02:28:01| Auto Dealers - Topix.net

Sergio Marchionne, Fiat's chairman and CEO, said the fall in Fiat Chrysler shares is part of an overall weakness in the automotive segment due to uncertainty about subjects like emission regulations, connectivity and autonomous driving technology. Several prominent analysts have said Fiat Chrysler's goals are unrealistic.

Tags: auto lower shares segment

 

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