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Content Tagged As dow

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  • Dow reports gas release at area facility

    April 20, 2015 10:04 PM

    PLAQUEMINE - Dow said there was a release of pyrolysis gasoline, or Pygas, from its chemical plant in Iberville Parish Monday evening. "The release has been stopped and Dow is in the process of recovering the product," a spokesperson said in an email with WBRZ. The company was... more »
  • US stocks plunge as the price of oil continues to crumble

    January 5, 2015 11:52 AM

    NEW YORK - Another plunge in the price of oil is driving stocks sharply lower. Energy companies led the decline as crude dipped below $50 a barrel Monday. Other stocks also fell as traders worried that the drop could indicate a weaker global economy and possibly lead to a dangerous,... more »
  • Dow chemical gives $1M more to LSU

    July 5, 2014 11:16 AM

    BATON ROUGE - Dow chemical is increasing its contributions and donating an additional $1 million to establish a student leadership center at the Patrick F. Taylor Hall for the LSU College of Engineering. The center will house up to 15 engineering student organizations. In February, LSU announced it had met... more »
  • Gov. Jindal, Dow Chemical announce $1B investment check to see if lock exists for regeneration Play Video

    August 27, 2013 2:52 PM

    PLAQUEMINE - Dow Chemical announced plans today to build two new chemical plants in Louisiana and upgrade their current facility in Plaquemine. The $1.06 billion plans include two new plants, one in Iberville Parish and the other in West Baton Rouge Parish, to produce next-generation synthetic rubber and high-performance... more »
  • Dow closes over 15,000 points for the first time

    May 7, 2013 3:11 PM

    NEW YORK- The Dow Jones industrial average has hit another milestone: its first close above 15,000. The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent. Good economic reports, higher corporate profits and support from central banks have eased investors' concerns that another economic slowdown could... more »
  • US stock markets open higher

    April 10, 2013 9:11 AM

    NEW YORK- Stocks are opening higher on Wall Street, a day after the Dow Jones industrial average closed at its second all-time high in a week. Shortly after the opening bell the Dow Jones industrial average rose 72 points, or 0.5 percent, to 14,744. The Standard & Poor's 500 index... more »
  • Dow trading at new record high

    March 5, 2013 10:34 AM

    NEW YORK- With a jump of more than 100 points in early trading, the Dow Jones Industrial Average has moved into territory it's never seen before. The jump to an all-time high for the blue-chip average was powered in part by China's strong economic growth targets, and by a jump... more »
  • Court rejects $1B in 'phony tax deductions' by Dow

    February 27, 2013 6:06 PM

    NEW ORLEANS - A federal court in Louisiana is rejecting transactions by The Dow Chemical Co. that created $1 billion in what the U.S. Justice Department calls "phony tax deductions." Justice said Wednesday that the tax-reduction scheme was created by Goldman Sachs and the law firm of King & Spalding.... more »
  • Dow closes at highest of the year, nearing record

    February 12, 2013 3:18 PM

    NEW YORK- The Dow has closed at its highest level so far this year, coming within 146 points of its record high of 14,164 in October of 2007. It rose 47 points to 14,018 on Tuesday. The latest gain was powered by impressive results from two big consumer... more »
  • Stocks slide following Dow's rally to 14,000

    February 4, 2013 11:00 AM

    Stocks are falling on Wall Street after the Dow Jones industrial average hit its highest level since the financial crisis last week. The Dow was off 118 points at 13,891 shortly before noon Eastern time. Travelers and Merck fell the most of the 30 stocks in the index. The Standard... more »
  • Dow ends above 14,000 for 1st time since October 2007

    February 1, 2013 3:13 PM

    NEW YORK- The Dow stock market index closed above 14,000 for the first time since before the financial crisis rocked the world economy. Propelled by strong auto sales and optimism about U.S. jobs, the Dow Jones industrial average crossed the line early Friday and continued flirting with the mark all... more »
  • JPMorgan leads Dow Jones average to a big gain

    July 13, 2012 11:03 AM

    NEW YORK- Big banks are leading stocks sharply higher on Wall Street. Strong earnings from JPMorgan sent its stock up 5 percent, the biggest gain in the Dow Jones industrial average. The Dow jumped 184 points to 12,757 shortly before noon Eastern. The Dow is coming off a six-day slump,... more »
  • Economic figures drive Dow down, heat Presidential debate

    June 1, 2012 4:15 PM

    WASHINGTON - The stock market is down and the presidential rhetoric is heating up in the wake of some disappointing economic data that came out today. The Labor Department says U.S. employers added 69,000 jobs in May. That's the far fewer than had been expected and with downward revisions of... more »
  • H-P leads Dow average; indexes waver

    May 24, 2012 10:59 AM

    NEW YORK- Stocks are flipping between slight gains and losses in midday trading. Hewlett-Packard jumped 4 percent, leading the Dow Jones industrial average Thursday. The personal computer maker plans to purge 27,000 employees, nearly 8 percent of the company's payroll. H-P expects the layoffs, part of a turnaround program under... more »
  • Stocks fall; Dow has its 11th loss in 12 days

    May 17, 2012 3:15 PM

    NEW YORK - The Dow Jones industrial average fell for the 11th time in 12 days after a pair of discouraging economic reports came as investors worried about Greece's possible exit from euro. The Dow closed down 156 points at 12,442. The Standard & Poor's 500 fell 20 to 1,305,... more »
  • Dow on its way to breaking six-day losing streak

    May 10, 2012 11:03 AM

    Stocks are up at midday, putting the Dow Jones industrial average on track to break a six-day losing streak. The rise came after the government said claims for unemployment benefits edged lower last week. Investors had been worried that a strong start to hiring this year was coming to an... more »
  • Stocks close at highest level since '07

    May 1, 2012 3:28 PM

    NEW YORK - The Dow Jones industrial average is closing at its highest level in more than four years. The fastest growth in U.S. manufacturing in 10 months gave stocks a lift Tuesday. Orders, hiring and production all rose in April. The Dow added 66 points to 13,279, its highest... more »
  • Stocks make a U-turn, climb after big decline

    April 11, 2012 8:50 AM

    NEW YORK- Stocks are opening sharply higher, a day after their worst loss of the year. The Dow Jones industrial average is up 106 points in the opening minutes of trading, to 12,822, recouping half of yesterday's 214-point plunge. The broader Standard & Poor's 500 is up 13 points to... more »
  • Dow closes above 13,000

    February 28, 2012 3:47 PM

    NEW YORK - The Dow Jones industrial average today closed above 13,000 for the first time since May 2008, four months before the financial crisis. The Dow closed up 23 points to finish at 13,005. It's up more than 6 percent this year, mostly because of enthusiasm about... more »
  • Stocks lower a day after Dow's blip above 13,000

    February 22, 2012 3:22 PM

    NEW YORK (AP) - Stocks are ending lower for the first time in four trading days and a day after briefly hitting their highest point in nearly four years. The Dow Jones industrial average is ending down 27 points at 12,938. The day before, it briefly passed 13,000 for... more »
  • Dow breaks 13,000 for first time since '08 crisis

    February 21, 2012 11:14 AM

    NEW YORK- The Dow Jones industrial average crossed 13,000 but didn't stay there long. It was the first time the Dow moved above that level since May 2008, when the Lehman Brothers investment bank was still solvent and before the worst phase of the financial crisis. The milestone came about... more »
  • Dow drops 500 points on fears of another recession

    September 22, 2011 2:38 PM

    NEW YORK - The Dow Jones industrial average has plunged more than 500 points as investors sell stocks with abandon. Financial markets in the United States and around the globe are down sharply on fears of a recession. One financial indicator after another shows that investors are losing... more »
  • Stocks plunge on fears of global economic slowdown

    August 4, 2011 3:45 PM

    NEW YORK - The news just keeps getting worse on Wall Street, where the Dow industrials have finished the day more than 500 points lower. The steep selloff followed the latest sign of weakness in the U.S. economy -- a report that the number of first-time claims for unemployment... more »
  • Dow found responsible for water pollution

    July 9, 2011 1:03 PM

    PLAQUEMINE, La.- The Dow Chemical Co. has been found responsible for contaminating a water source in Iberville Parish. State District Judge Jerome Winsberg ruled that the Midland, Mich.-based company must clean up the Upper Plaquemine Aquifer. The Advocate of Baton Rouge said the groundwater supply has tested positive for... more »
  • Man convicted of selling Dow secrets to China

    February 7, 2011 4:18 PM

    BATON ROUGE - A former research scientist has been convicted of charges he stole trade secrets from Dow Chemical Company and sold them to companies in China. A federal jury in Baton Rouge on Monday convicted 74-year-old Wen Chyu Liu, also known as David Liou, of conspiracy to commit trade... more »
  • Feds: Ex-Dow Chemical worker paid for selling info to China

    January 19, 2011 4:56 PM

    BATON ROUGE- A former Dow Chemical employee accused of selling trade secrets to China was under investigation by the feds for nearly a decade before he was indicted. David Liou is accused of selling highly confidential information surrounding Dow's CPE, also known as Chlorinated Polyethylene. CPE is found in... more »

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