Tuesday, October 28, 2008

A Determined Executive

Dow Chemical(DOW) has managed 388 consecutive quarters of no dividend cuts,Andrew Liveris said.This CEO will never cut the dividend,he swore.Our stock price is absolutely ludicrous.We're gonna remain strong.We've got tremendous financing arranged for our Rohm and Haas deal.We've got financial flexibility to do more this year,such as share buybacks.The stock price is divorced from the reality of the company,Mr.Liveris insisted.

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