Investors like Dow Chemical's (DOW +6%) cost cutting plans more than it dislikes declining Q3...

|About: Dow Chemical Co. (DOW)|By:, SA News Editor

Investors like Dow Chemical's (DOW +6%) cost cutting plans more than it dislikes declining Q3 earnings, as CEO Andrew Liveris says DOW will "stop future growth projects that are no longer affordable in this environment." It will focus on projects with "positive returns in the far-distant future," such as expanding ethylene production on the Gulf Coast and building a new chemical plant in Saudi Arabia.