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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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July 29, 2015
06:05 EDTPXPraxair reports Q2 North America sales down 1% to $1.48B
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06:03 EDTPXPraxair sees FY15 adjusted EPS $5.80-$5.95, consensus $5.99
This EPS guidance assumes a negative currency translation impact of approximately 11% year-over-year. Full-year capital expenditures are expected to be approximately $1.6 billion and the effective tax rate is forecasted to remain at approximately 28%.
06:03 EDTPXPraxair sees Q3 EPS $1.42-$1.49, consensus $1.57
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06:03 EDTPXPraxair reports Q2 organic sales down 1%
06:02 EDTPXPraxair: Q2 challenged by negative impacts from foreign currency
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06:02 EDTPXPraxair reports Q2 adjusted EPS $1.45, consensus $1.46
Reports Q2 revenue $2.74B, consensus $2.85B.
06:01 EDTPXPraxairauthorizes new share repurchase program
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July 28, 2015
15:21 EDTPXNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus 85c... Altria (MO), consensus 71... General Dynamics (GD), consensus $2.06... Anthem (ANTM), consensus $2.75... Praxair (PX), consensus $1.46... Northrop Grumman (NOC), consensus $2.36... McKesson (MCK), consensus $2.91... Eaton (ETN), consensus $1.13... Humana (HUM), consensus $1.63... Hilton (HLT), consensus 23c... International Paper (IP), consensus 92c... Rockwell Automation (ROK), consensus $1.54... Jarden (JAH), consensus 59c... Quintiles (Q), consensus 70c... Tableau Software (DATA), consensus 4c... Garmin (GRMN), consensus 82c... Vantiv (VNTV), consensus 54c... ADT (ADT), consensus 49c.
July 15, 2015
09:30 EDTPXPraxair signs long-term agreement with Delaware City refining Company
Praxair, Inc. has signed a long-term agreement with Delaware City Refining Company in which Praxair will purchase crude carbon dioxide from the refinery. Praxair will build, own and operate a 450-ton-per-day carbon dioxide purification and liquefaction plant at the refinery, producing beverage-quality liquid carbon dioxide for distribution into the Northeastern U.S. merchant market. Praxair already supplies Delaware City Refining with nitrogen for its operational needs. This new carbon dioxide source, which will begin serving customers in 2016, further strengthens Praxair’s supply position in the Northeast. Praxair previously started up a 450-ton-per-day carbon dioxide purification facility in Hopewell, Virginia, and also operates carbon dioxide facilities in Southeastern Canada.

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