BUZZ - Dow Chemical's third-quarter earnings beat expectations, stock price rises

October 22 - ** Shares of chemical company Dow Chemical DOW.N rose 1% in pre-market trading to $30.70

** Dow Chemical (link) reported third-quarter adjusted profits that exceeded Wall Street expectations, benefiting from cost-cutting measures and supply shortages driven by the Middle East conflict, which pushed up prices

** Earnings per share for the third quarter were $0.71, compared to analysts' expectations of $0.64 per share — according to London Stock Exchange Group (LSEG) data

** The net quarterly sales of its Packaging and Specialty Plastics business increased over 18% year-on-year, reaching $5.8 billion

** As of the previous trading day's close, the stock’s cumulative annual increase reached 29.9%

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