Basic Materials Sector Review: Carlisle Revenue, Dow Chemical Comments on Economy

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The Dow Chemical Company (NYSE:DOW) comments “We will continue to closely monitor global economic trends and expect challenges in Western Europe to persist in the near term. We do not anticipate material improvements in market conditions for the first quarter of the year, but do project economic recovery will gain momentum as we move through the second quarter and the remainder of the year. Regardless, we will continue to intervene to ensure we deliver against our short- and long-term targets. ”

The shares closed at $33.54, down $0.4, or 1.18%, on the day. Its market capitalization is $39.64 billion.

Carlisle Companies, Inc. (NYSE:CSL) reported revenue $789.6M vs. consensus $744.55M.

The shares closed at $47.89, down $1.67, or 3.37%, on the day. Its market capitalization is $2.95 billion.

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To contact the reporter on this story: Stella Mariz at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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