You're watching...
FBN’s Sandra Smith on Dow Chemical winning $2.2 billion in damages from Kuwait Petroleum for wrongly terminating their joint venture.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
-- -- Smith did Fox Business -- after spending much of the day in negative territory the major averages managed to rally back from session lows.
At the closing bell the Dow -- up 33 points at 12100529.
Dow Chemical has been awarded more than two billion dollars in damages from Kuwait petroleum.
An international arbitration court found that -- state run chemical company wrongly terminated its 2008 joint venture with Dow Chemical -- petroleum pulled out of the deal in this global economy took a turn for the worse.
And -- -- energy is in search of a -- the company now controlled by billionaire investor Carl Icahn has started the process by having Jefferies Group.
-- is willing to consider any offer of at least 35 dollars a share for the company.
And that is the latest from the Fox Business Network giving you the power to prosper.
