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Stock Market & Financial Investment News

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March 12, 2014
08:42 EDTPXPraxair says sold industrial gases operations in France to Messer France
Praxair announced it has strengthened its position in Italy through the acquisition of Messer Italia S.p.A’s liquid carbon dioxide, oxygen, nitrogen and argon and packaged gases businesses. The businesses will be fully integrated into the operations of Praxair’s Italian joint venture, Rivoira S.p.A. Terms of the agreement were not disclosed. In addition, Praxair sold its industrial gases operations in France to Messer France SAS. Praxair’s French operations included three air separation units and two packaged gas filling stations. Prior to this agreement, Praxair had a small industrial gases presence in France. This transaction enables the company to deliver on its stated strategy of investing in its core geographies.
News For PX From The Last 14 Days
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July 24, 2014
10:03 EDTPXOn The Fly: Analyst Downgrade Summary
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05:37 EDTPXPraxair downgraded to Market Perform from Outperform at William Blair
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July 23, 2014
11:44 EDTPXPraxair sees return on capital improving in 2H
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11:10 EDTPXPraxair sees moderate sequential recovery in Brazil, Mexico in Q3
Sees continued volume growth in the U.S. in Q3. Comments from slides are being presented on the Q2 earnings conference call.
06:29 EDTPXPraxair does not see 'significant economic improvement' in 2H14
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06:28 EDTPXPraxair: Q2 sales driven by new projects in North America and Asia
Cites the base business grew modestly in North America, Europe and Asia. The growth was mitigated by weaker South American volumes as a result of negative industrial production in Brazil.
06:14 EDTPXPraxair sees FY14 EPS $6.30-$6.45, consensus $6.47
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06:14 EDTPXPraxair sees Q3 EPS $1.58-$1.65, consensus $1.66
06:14 EDTPXPraxair reports Q2 EPS $1.58, consensus $1.59
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July 17, 2014
09:02 EDTPXPraxair signs long-terms supply agreement with Sinopec JV
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