Movers: Dow Chemical, Rohm & Haas, Ford, Nokia

Stocks in the news Monday

Dow Chemical (DOW) says the Kuwait Supreme Petroleum Council (SPC) reversed its prior approval of the agreement between Dow and Petrochemicals Industries Co. to enter into K-Dow Petrochemicals, a planned 50-50 joint venture company. According to newswire reports, the proposed joint venture would have provided Dow with approximately $9 billion that Dow was to put toward its planned acquisition of Rohm & Haas (ROH). S&P maintains sell opinion on DOW; Barclays downgrades the stock to equal-weight from overweight.

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