Dow Analysts Slash Their Forecasts After Weak Q2 Results

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Dow Inc. (NYSE:DOW) reported worse-than-expected second-quarter financial results and cut dividend by 50% on Thursday.

The company reported an adjusted loss of 42 cents per share, wider than Wall Street's projected 12-cent loss, according to consensus estimates. Revenue fell 7% year over year to $10.104 billion, missing the $10.252 billion estimate.