The Dow Chemical Company, the largest U.S. chemical maker will raise
prices on its products by as much as an additional 25% starting July 1
to make up for surging energy costs. This is on top of up to 20%
increases that began June 1.
Eastman Kodak Co., the imaging products maker said it will buy back up to $1B or about a quarter of its outstanding stock.
Nokia Corp is acquiring the rest of U.K.-based Symbian, a provider of
software for advanced cell phones, in a move that will likely increase
competition for Apple.
NYSE Euronext, the parent company of the New York Stock Exchange,
announced that it would be paying $250M for a 25% stake in Qatar's Doha
Securities Market, the company's largest ever investment in a foreign
exchange.