149.75 0.00 (0.00%)
Pre-Market: 7:01AM EDT
|Bid||150.55 x 100|
|Ask||153.28 x 100|
|Day's Range||148.58 - 153.17|
|52 Week Range||120.02 - 166.95|
|PE Ratio (TTM)||34.66|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||3.30 (2.25%)|
|1y Target Est||173.24|
Praxair Inc. (PX) reported impressive results for first-quarter 2018, with earnings and revenues surpassing their respective Zacks Consensus Estimate by 5.8% and 2.4%.
On a per-share basis, the Danbury, Connecticut-based company said it had profit of $1.59. Earnings, adjusted for non-recurring costs, were $1.65 per share. The results beat Wall Street expectations. The ...
Praxair, Inc. today reported first-quarter net income of $462 million and diluted earnings per share of $1.59. These results include transaction costs of $18 million after-tax and non-controlling interests, or 6 cents of diluted earnings per share, primarily related to the proposed merger with Linde AG.
The board of directors of Praxair, Inc. has declared a quarterly dividend of 82.50 cents per share, unchanged from the previous quarter. The dividend is payable on June 15, 2018 to shareholders of record on June 7, 2018.
W.R. Grace (GRA) reported revenues of $431.5 million for 1Q18 today, reflecting growth of 8.4% from 1Q17. The company beat Wall Street analysts’ estimates of $419.76 million. Revenue growth was driven by a 14.2% increase in Specialty Catalysts sales. GRA’s Materials Technologies grew 11.0% while the Catalysts Technologies’ segments grew 7.5%.
German industrial gases group Linde on Wednesday announced plans to buy out minority shareholders following its planned merger with rival Praxair in a sign the deal will clear regulatory hurdles soon. Linde and Praxair agreed a merger in June last year to create a global leader to overtake France's Air Liquide . Linde, which also reported first quarter results on Wednesday, said the planned merger was still on track to complete in the second half of this year, having been given the green light by 12 countries so far.
German chemicals group Linde blamed currency headwinds for a decline in overall revenue but still managed to grow operating profits in the first quarter. Linde, which is planning to merge with US rival ...
Praxair's (PX) first-quarter 2018 earnings are to gain from solid U.S. industrial activities as well as strong demand in China. Seasonal weakness and lower Gulf Coast activities are to be a drag.
Praxair, Inc. (PX) today announced it has signed a long-term agreement to supply industrial gases to Samsung Electro-Mechanics (SEM), one of the world’s largest MLCC (Multi-Layer Ceramic Capacitors) manufacturers. Praxair has been supplying nitrogen to SEM’s manufacturing facility in the Noksan Industrial Complex in Busan since 2001. The new air separation plant, which will be built, owned and operated by Praxair, will supply an additional 425 tons per day of nitrogen to support SEM’s world-class MLCC manufacturing expansion.
Sherwin Williams (SHW) is expected to post adjusted EPS (earnings per share) of $3.17 in 1Q18, an increase of ~39.7% YoY (year-over-year). SHW’s projected increase in adjusted EPS could be driven by higher revenue growth, the continued synergy impact from the Valspar acquisition, and a reduction in effective tax rates. In 1Q17, SHW reported SG&A expenses at 36.8% of the revenues, which implies a gain of 440 basis points on a year-over-year basis.
Sherwin-Williams is expected to report revenue of $4.0 billion in 1Q18, a 43.1% increase from 1Q17’s $2.8 billion. If SHW manages to meet expectations, it will achieve its highest first-quarter revenue ever and have a first-quarter CAGR (compound annual growth rate) of 12.8% since 2013. SHW’s projected revenue growth will be primarily driven by the acquisition revenue.
Praxair, Inc. announced today that it has begun supplying hydrogen to Marathon Petroleum Corporation’s refinery in Garyville, Louisiana. Marathon Petroleum is one of the largest transportation fuels refiners in the U.S.
Praxair's (PX) long-term supply agreement with Yara Freeport LLC is to solidify its businesses, especially of the hydrogen unit, in Texas.
FRANKFURT/NEW YORK (Reuters) - Gases groups Linde (LIN1.DE) and Praxair (PX.N) have picked second-round bidders for a package of planned divestitures to facilitate their planned $79 billion merger, people close to the matter said. The companies have invited buyout firm CVC, which has tied up with gases group Messer, to make further bids, as well as private equity investors Carlyle (CG.O), Onex (ONEX.TO), Blackstone (BX.N), the sources said, adding that the investors are expected to bid for all assets on offer. Linde and Praxair have put a package of U.S.-based assets up for sale.
FRANKFURT/NEW YORK, April 12 (Reuters) - Gases groups Linde and Praxair have picked second-round bidders for a package of planned divestitures to facilitate their planned $79 billion merger, people close to the matter said. The companies have invited buyout firm CVC, which has tied up with gases group Messer, to make further bids, as well as private equity investors Carlyle, Onex, Blackstone, the sources said, adding that the investors are expected to bid for all assets on offer. Linde and Praxair have put a package of U.S.-based assets up for sale.
Additionally, Yara built an ammonia storage facility, and BASF upgraded its existing terminal and pipeline assets to support the new plant.
Praxair, Inc. has started to supply hydrogen and nitrogen to Yara Freeport LLC, a world-scale ammonia plant in Freeport, Texas. The plant, which is a joint venture between Yara International and BASF, has a capacity of 750,000 metric tons per year.
Moody's Investors Service, ("Moody's") assigned an initial Baa3 rating to the coming issuance of $907 million Notes due 2035 by Cometa Energia, S.A. de C.V. ("Cometa"). The outlook ...
RPM International’s (RPM) Consumer segment is the second-biggest contributor to RPM’s overall revenue. The segment had a revenue share of 33% in fiscal 3Q18, compared with 33.4% in fiscal 3Q17, marking a decline of 0.4 percentage points YoY (year-over-year). The segment’s revenue grew 6.4% to $363.4 million in fiscal 3Q18 from $341.4 million in fiscal 3Q17.
RPM International’s (RPM) Industrial segment has been the largest contributor to RPM’s overall revenue, comprising 51.6% of revenue in fiscal 3Q18 and 51.0% in fiscal 3Q17. YoY (year-over-year), its share grew 0.6 percentage points. The segment’s revenue grew 9.2% YoY to $569.2 million in fiscal 3Q18 from $521.4 million in fiscal 3Q17.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting PX. Over the last one-month, outflows of investor capital in ETFs holding PX totaled $16.65 billion.
Praxair, Inc. , a recognized global leader in sustainable development, was awarded a Silver Class distinction in RobecoSAM’s Sustainability Yearbook 2018 .