CANADA STOCKS-Futures lower as oil, commodities prices drop
May 29 Stock futures pointed to a slightly lower opening for Canada's main stock index on Monday as oil and commodity prices weakened.
April 27 Seeds and chemical maker Dow Chemical Co, which is merging with DuPont, reported a much bigger quarterly profit from a year earlier, when the company recorded charges of $824 million.
Net income available to the company's shareholders rose to $888 million, or 72 cents per share, in the first quarter ended March 31 from $169 million, or 15 cents per share, a year earlier.
The latest quarter included a $386 million charge, primarily from an arbitration related to its agrosciences business.
The year-earlier charges included $778 million related to the settlement of a 2005 lawsuit that accused Dow and other companies of conspiring to fix prices of urethane chemicals in the preceding six years.
Net sales rose 23.6 percent to $13.23 billion in the latest quarter.
(Reporting by Swetha Gopinath and Arathy S Nair in Bengaluru; Editing by Sriraj Kalluvila)
* Q2 earnings per share C$0.02 Source text for Eikon: Further company coverage:
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