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Stock Market & Financial Investment News

News Breaks
April 30, 2014
09:01 EDTPXPraxair announces price increases for argon, effective May 15
Praxair is notifying bulk and packaged industrial, and specialty customers in the United States and Puerto Rico of price increases, effective May 15, or as contracts permit, as follows: Up to 20% for argon; Up to 15% for argon facility fees or monthly bulk product charges. Price adjustments will vary as permitted by individual supply contracts. Over the past few years, argon demand has exceeded capacity requiring investments in production capacity upgrades and additional distribution resources. The combination of these and other investments to enhance reliability of supply have increased argon costs significantly.
News For PX From The Last 14 Days
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July 23, 2014
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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July 11, 2014
11:50 EDTPXPraxair to expand Kirtland, New Mexico, facilities
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