rohm and haas

After leading an investment team to buy The Philadelphia Inquirer in 2006, Brian P. Tierney invited the widow of its onetime owner, Walter Annenberg, to visit him in her husband's old office. While visiting, Lenore Annenberg noted that Tierney had situated his desk differently from her...

This morning, the Dow Chemical Company (DOW) announced that its board approved a plan yesterday to shut down a number of manufacturing assets, affecting 100 employees who would be offered other positions. Dow also said it will take a charge related to 2,500 previously announced job cuts. This...

Over the last year-and-a-half, as the economy has worsened, the M&A business has become a game of "on again, off again." One of the most recent examples of a company that wanted make a huge purchase and then got cold feet is Dow Chemical (DOW), which announced it would buy specialty chemical...

Merck (MRK) said on Monday that it would acquire Schering-Plough (SGP) for $41.1 billion. Schering-Plough shareholders will receive $23.61 a share, representing a premium of about 34 percent over Schering's Friday's close. The benefits: a bigger pipeline, joint R&D, strategic alliances, and of...

Dow Chemical (DOW) backed away from its deal to buy specialty chemical company Rohm & Haas (ROH). Papers filed in a suit by Rohm to try to get Dow to close the deal indicate that Dow does not have much of a leg to stand on if it wants to walk away. Most analysts suspect that when Dow lost the...

The Dow Jones Industrial Average reversed a mid-day swoon to finish a bit higher today, climbing 32.50 points, or one half of 1 percent, to close at 6,627. Energy stocks such as ExxonMobil (XOM) and Chevron (CVX) rose thanks to higher oil prices and General Electric (GE), battered all week by...