Methanex (MEOH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Canada's top court on Friday denied plastics company Nova Chemicals' appeal of a C$645 million ($482 million) payment awarded to the Dow Chemical Co in a patent infringement case. The Supreme Court of Canada upheld a ruling by a lower court that had awarded the amount to the Dow Inc unit, calculated based on profits Nova made due to the patent breach. The award was among the biggest offered in Canada and was the first instance of so-called springboard profits being awarded in Canadian law in a case which could have wide-ranging impact to other patent infringement disputes.
There have been more than 50 changes to the Dow since 1896. Removing these three established companies could be next on the docket.