Mark Elwa
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Mark Elwa in Gainers & Losers,

Dow Chemical plans to buy back $1 bln worth of stock in Q4

Dow Chemical plans to buy back $1 bln worth of stock in Q4.

Also today company reported 3rd quarter results. So, net income rose to $1.29 billion, or $1.09 per share from $852 million, or 71 cents per share, a year earlier. But revenue fell 16% to $12.04 billion.

On the daily chart stocks are trading in a wedge. Suppose to see today $50 per share.