ICYMI: Dow Chemical To Cut Jobs As Result Of Dow Corning Deal


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


To help ensure it meets its targeted cost synergy targets, Dow Chemical Company (NYSE: DOW) announced it will lay off approximately 2,500 employees globally. This represents about 4 percent of its workforce.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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As part of a deal to take over Corning Incorporated (NYSE: GLW), maker of Gorilla Glass, Dow Chemical said the layoffs would help the company achieve its target cost synergy run rate of 70 percent within a year of closing the deal, and 100 percent within two years.

Dow announced the Corning deal in December, along with another deal to merge with E. I. Du Pont de Nemours and Company (NYSE: DD).

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