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Fly News Breaks for April 26, 2019
DOW
Apr 26, 2019 | 08:45 EDT
As previously reported, Argus initiated Dow Inc with a Hold rating, saying that while the company should "benefit over time from low cost structure, solid cash flow and declining capital spending requirements", its near term performance may be impacted by "increased production capacity and weaker global economic conditions." The analyst adds that a more constructive rating on Dow Inc would require a "significant nonfundamental pullback in the share price, slower growth in industry capacity, or stronger-than-expected global economic growth."