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Dow Chemical Sinks To Q4 Loss - Quick Facts

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2/2/2012 7:16 AM ET

The Dow Chemical Co. (DOW: Quote) posted Thursday a fourth-quarter loss of $20 million, or a loss of $0.02 per share, compared to last year's profit of $426 million, or $0.37 per share. Adjusted earnings fell to $289 million, or $0.25 per share, from $538 million, or $0.47 per share, a year ago.

Fifteen analysts polled by Thomson Reuters estimated earnings of $0.30 per share. Analysts' estimates usually exclude special items.

Revenues for the quarter edged up to $14.10 billion from the prior-year's $13.77 billion, or $13.136 billion excluding divestitures. The results reflect all-round growth on a geographic basis, and improvement in all segments except Electronic and Functional Materials. Twelve analysts polled by Thomson Reuters estimated revenues of $14.19 billion.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
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