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Stock Market & Financial Investment News

News Breaks
January 29, 2014
11:30 EDTPXPraxair expects to grow 2014 earnings at double-digit rate
Says looking selectively for tuck-in acquisitions for core business. Expects return on capital to trend upward in 2014. Sees FY BRL currency headwind >10%. Sees significant foreign currency headwinds. Expects to grow earnings at double digit rate in 2014. Expects acquisitions to generate 1% top-line growth this year. Sees U.S. pension tailwind of 5c per share, mostly offset by interest expense. Comments made during the company's Q4 earnings conference call.
News For PX From The Last 14 Days
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May 15, 2015
08:31 EDTPXPraxair announces price increases effective June 1
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May 14, 2015
09:32 EDTPXPraxair signs long-term supply agreement in India
Praxair announced it has signed a long-term contract with Gerdau in India for the supply of gaseous oxygen to the companyís blast furnace in Tadipatri, Andhra Pradesh. Gerdau is the largest long steel producer in the Americas and one of the leading suppliers of special long steel in the world. Praxair will build, own and operate an 80 tons per day non-cryogenic vacuum-pressure-swing-adsorption plant, which is expected to start up in 2016. Gerdauís steel facility has an installed capacity to produce 300,000 tons of special steel per year, primarily for automotive, defense, railways and related industries.
May 12, 2015
16:07 EDTPXPraxair files automatic mixed securities shelf
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09:30 EDTPXPraxair signs long-term contract with water recycling plant in China
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