Industrial Gases

Piper Jaffray has raised the price target on Praxair (NYSE: PX) from $106 to $107 and maintains its Neutral rating.

According to Citi, Praxair (NYSE: PX) reported 2Q EPS of $1.38, above the estimate of $1.36 and consensus of $1.37. Citi said that total operating profit of $627mm exceeded the $617mm forecast on solid volume growth of 5% driven by notable strength in South America (+7%) and Asia (+12%). “Volume...

According to Citi, Air Products and Chemicals (NYSE: APD) PT and EPS are revised. Citi reported an increase in EPS estimates of APD from $5.70 to $5.71 and an increase in the PT from $108-$109. Buy rating is maintained. APD closed on Friday at $91.90.

Bank of America reiterated its Buy rating on Air Products (NYSE: APD). At the same time, the rating agency left its price target on the company's stock unchanged at $107. On Friday, air Products closed the day at $91.90.

J.P. Morgan is out with its report today on Air Products and Chemicals (NYSE: APD), raising its PT from $110 to $112. In a note to clients, J.P. Morgan writes, "Air Products trades at a P/E of 13.9x our F2012 estimate versus peer group average of 14.7x and 16.4x for Praxair, its closest comparable...

Citigroup has raised the price target on Air Products and Chemicals (NYSE: APD) from $108 to $109 and maintains its Buy rating.

Praxair (NYSE: PX) unveils its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's essential guide to Praxair's second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.37 per share...

Air Products & Chemicals Inc (NYSE: APD) released its results for the fiscal third quarter on Friday. APD's quarterly net profit rose to $326.5 million, or $1.50 per share, from $253.2 million, or $1.17 per share, in the year-earlier period. Its sales climbed 11% y/y to $2.58 billion from $2....

General Electric Co (NYSE: GE) is expected to report its Q2 EPS at $0.32 on revenue of $34.72 billion. Schlumberger NV (NYSE: SLB) is projected to report its Q2 EPS at $0.85 on revenue of $9.17 billion. Verizon Communications Inc (NYSE: VZ) is estimated to report its Q2 EPS at $0.55 on revenue of...

Air Products and Chemicals (NYSE: APD) earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Friday, July 22, 2011. Want to get all the facts ahead of this Friday's announcement? We thought so. Here's an advanced look at Air Products...

Societe Generale is out with its report today on Air Products and Chemicals (NYSE: APD), maintaining Hold. In a note to clients, Societe Generale writes, "We like the story at Air Products but strategic questions were raised by the failed US$8bn hostile bid for Airgas. The group also has more...

Air Products (NYSE: APD) today announced that it will increase production of gaseous nitrogen and expand its nitrogen pipeline in the Gumi National Industrial Complex, North Gyeongsang Province, Korea to serve the increasing demand of its electronics customers in the country's largest inland...

Oxygen and nitrogen supply will meet increased customer production White Martins, the Brazil-based subsidiary of Praxair, Inc. (NYSE: PX), has signed a 15-year agreement to supply nitrogen and oxygen to Braskem, the largest petrochemical company in the Americas by capacity and the world's largest...

Airgas, Inc. (NYSE: ARG) today announced it is partnering with MacEwen Petroleum, Inc., Maxville, Ontario, to distribute Airgas AiRx Diesel Exhaust Fluid in Canada. MacEwen has over 35 years of experience as a leading supplier of petroleum products to a variety of customers, including retail,...

Shares of Praxair (NYSE: PX) are lower on the session by 1.57%, currently trading at $108.74. The stock has been moving largely higher over the past six weeks and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the...