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Strategies & Market Trends : Value Investing

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richardred

To: Ditchdigger who wrote (55181)	4/23/2015 7:57:01 AM
From: Ditchdigger	1 Recommendation of 78688

Dow Profit Beats Estimates as Oil Drop Boosts Plastics http://www.bloomberg.com/news/articles/2015-04-23/dow-profit-beats-estimates-as-oil-drop-boosts-plastics?cmpid=yhoo Finally, mention of better margins as a result of lower feedstock prices. "Profit margins in plastics, Dow’s largest unit, rose 5.6 percentage point as lower costs for oil-derived naphtha and natural gas liquids such as propane expanded profit margins.“Margins from propane are up significantly, which completely plays into Dow’s wheelhouse,” Hassan Ahmed, a New York-based analyst at Alembic Global Advisors, said by phone Wednesday." Snowing here this morning! Leveris commentary cnbc.com

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