- Reuters•22 minutes ago
Germany's Linde , the world's biggest maker of industrial gases by sales, launched a new efficiency programme following the collapse last month of its merger talks with U.S. rival Praxair . The programme, which Linde announced on Friday alongside forecast-beating third-quarter results, is designed to save an extra 370 million euros ($403 million) a year from 2019, on top of its existing scheme to save 180 million euros a year. Restructuring costs will total 400 million euros over 2016 and 2017, meaning that the company is likely to cut between 3,000 and 4,000 jobs of its global workforce of 65,000, according to Reuters calculations.
- Zacks•16 hours ago
Praxair Inc.'s (PX) for third-quarter 2016 adjusted earnings of $1.41 per share came above the Zacks Consensus Estimate of $1.30, while revenues of $2.716 billion exceeded our estimate of $2.66 billion.
Praxair Inc. (PX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||116.51 x 800|
|Ask||121.00 x 100|
|Day's Range||114.70 - 118.24|
|52wk Range||95.60 - 125.00|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||21.22|
|Avg Vol (3m)||1,234,809|
|Dividend & Yield||3.00 (2.53%)|