HALISTER: Dow Cutting About 2,500 Jobs; Sees $410m to $460m in Charges

Dow Cutting About 2,500 Jobs; Sees $410m to $460m in Charges

(Bloomberg) -- Dow accelerating cost cutting after Dow Corning takeover; closing silicone plants in Greensboro, North Carolina and Yamakita, Japan.
  • Job cuts equal to 4% of global workforce
  • Increases synergies goal to $500m
Statement Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
DOW US (Dow Chemical Co/The)

Topics
Who's News - People

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UUID: 7947283

(2) *DOW CUTTING ABOUT 2,500 JOBS; SEES $410M TO $460M CHARGES

*DOW CUTTING ABOUT 2,500 JOBS; SEES $410M TO $460M CHARGES

Alerts: HALISTER, HALISTER1
Source: BN (Bloomberg News)

Tickers
DOW US (Dow Chemical Co/The)

People
Andrew Liveris (Dow Chemical Co/The)

Topics
Who's News - People

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UUID: 7947283

HALISTER: Europe Bank Profits May Drop $35 Billion on Brexit, Goldman Says

Europe Bank Profits May Drop $35 Billion on Brexit, Goldman Says

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
JPM US (JPMorgan Chase & Co)
BARC LN (Barclays PLC)

People
James Dimon (JPMorgan Chase & Co)
Jean-Francois Neuez (Goldman Sachs & Co)
Jernej Omahen (Goldman Sachs & Co)
John Cryan (Deutsche Bank AG)
Martin Leitgeb (Goldman Sachs & Co)

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UUID: 7947283

HALISTER1: *LENDING CLUB NAMES SCOTT SANBORN CEO, HANS MORRIS CHAIRMAN

*LENDING CLUB NAMES SCOTT SANBORN CEO, HANS MORRIS CHAIRMAN

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
LC US (LendingClub Corp)
FTD US (FTD Cos Inc)

People
John Morris (LendingClub Corp)
Scott Sanborn (LendingClub Corp)
James Samford (LendingClub Corp)

Topics
Management Changes
Who's News - People

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UUID: 7947283