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Praxair Issues $500M of 3.00% Notes Due 2021
Wednesday, August 31, 2011 - 3:03pmPraxair, Inc. (NYSE: PX) has priced $500 million of 3.00% notes due September 1, 2021. The notes are being offered under its universal shelf registration statement filed with the U.S. Securities and Exchange Commission. The offering is led by Credit Suisse Securities LLC, RBS Securities Inc.,...
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Praxair Acquires Cincinnati-Based Gas Distributor; Terms Not Disclosed
Tuesday, August 16, 2011 - 10:30amPraxair Distribution, Inc., a subsidiary of Praxair, Inc. (NYSE: PX), has acquired the assets of Weldco Inc., a market leader in Cincinnati, Ohio, which is one of the top 20 welding markets in the U.S. With 23 employees and sales of $8 million, Weldco is an independent distributor of industrial and...
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FuelCell Energy Announces Co-Production of Renewable Hydrogen for Vehicle Fueling From a Direct FuelCell Power Plant
Tuesday, August 16, 2011 - 7:34amFuelCell Energy, Inc. (Nasdaq: FCEL) today announced a commissioning event for the Direct FuelCell power plant that is providing renewable hydrogen for vehicle fueling along with ultra-clean electricity for the Orange County Sanitation District in Fountain Valley, California. The power plant...
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Air Products Announces 15% North America Price Increase for Liquid and Bulk Helium Gases
Monday, August 15, 2011 - 10:00amEffective September 1, 2011, or as contracts permit, Air Products (NYSE: APD) will be implementing a price increase of 15 percent for liquid and bulk helium gases in North America. The pricing adjustment is the result of several factors including the continued strong demand over the past year...
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Friday, August 12, 2011 - 6:50am
News Summary for August 12, 2011
This is your Benzinga news summary and traders' outlook for Friday, August 12, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after a 400 point rally in the Dow yesterday. At last check, Dow...
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Goldman Sachs Upgrades Airgas To Buy, $70 PT
Friday, August 12, 2011 - 5:52amGoldman Sachs has upgraded Airgas (NYSE: ARG) from Neutral to Buy and has established a $70 price target.
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Bank Of America Upgrades ARG To Buy
Wednesday, August 10, 2011 - 6:35amBank of America has upgraded its rating on Airgas (NYSE: ARG) from Neutral to Buy due to what they see as a positive time for the sector. Says Bank of America, in its report, “In connection with our reassessment of risk within the chemicals sector, we upgrade shares of Airgas, the leader in US...
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Bank of America Upgrades Airgas To Buy, $75 PO
Wednesday, August 10, 2011 - 5:34amBank of America has upgraded Airgas (NYSE: ARG) from Neutral to Buy and maintains its $75 price objective.
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Air Products Awarded a Hydrogen Supply Agreement in Texas
Monday, August 8, 2011 - 10:00amAir Products (NYSE: APD) today announced a long-term agreement with Shell Oil Company for the supply of a significant portion of the hydrogen requirements at Shell's Deer Park, Texas refinery. The hydrogen supply will commence in mid-2013. The Deer Park facility will be connected to Air Products...
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Calls Purchased on Airgas
Monday, August 8, 2011 - 9:26amShares of Airgas (NYSE: ARG) are lower on the session by 2.32%, currently trading at $61.87. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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