Key Developments: Air Products and Chemicals Inc (APD.N)
94.33USD
17 May 2013
$1.56 (+1.68%)
$92.77
$93.00
$94.49
$92.94
321,369
291,262
$94.49
$76.15
Latest Key Developments (Source: Significant Developments)
Air Products and Chemicals Inc Declares Quarterly Dividend
Air Products and Chemicals Inc announced that it has declared a quarterly dividend of 71 cents per share of common stock. The dividend is payable on August 12, 2013 to shareholders of record at the close of business on July 1, 2013. Full Article
Air Products and Chemicals Inc Issues Q3 2013 EPS Guidance Below Analysts' Estimates; Lowers FY 2013 EPS Guidance
Air Products and Chemicals Inc announced that for third quarter of 2013, it expects adjusted earnings per share (EPS) from continuing operations to be between $1.33 and $1.38 per share. The company's adjusted guidance for continuing operations for fiscal 2013 is in a range of $5.45 to $5.60 per share. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.50 for third quarter of 2013 and EPS of $5.76 for fiscal 2013. Full Article
Air Products and Chemicals Inc Receives LNG Heat Exchanger Order From PETRONAS For LNG Project In Malaysia
Air Products and Chemicals Inc announced it has received an LNG heat exchanger order from PETRONAS for LNG project in Malaysia. Air Products' SplitMR liquefaction process and technology was selected and will be supplied to the PETRONAS LNG Train 9 Project. This project will produce 3.6 million tons per year (MTPY) of LNG and is an expansion of the existing PETRONAS LNG Complex in Bintulu, Sarawak, Malaysia. When the new projects are onstream at the two PETRONAS-operated locations, Air Products' technology and equipment will be integral to the production of an additional 4.8 MTPY of LNG in Malaysia. Full Article
Air Products and Chemicals Inc Increases Quarterly Dividend 11%
Air Products and Chemicals Inc announced that it has increased the quarterly dividend on the Company's common stock to 71 cents per share from 64 cents, an increase of almost 11%. The dividend is payable on May 13, 2013 to shareholders of record at the close of business on April 1, 2013. Full Article
Air Products and Chemicals Inc Wins Four ASU Train Contract with Lu'An Mining
Air Products and Chemicals Inc announced today the signing of a long-term agreement with Shanxi Lu'An Mining (Group) Co., Ltd. for Air Products to build, own and operate four ASUs producing oxygen, nitrogen, compressed instrument air and steam to supply Lu'An's multiple process trains at its coal gasification facility to be built in Changzhi City, Shanxi Province, China. Air Products' four ASUs will combine to supply over 10,000 tons per day (TPD) of oxygen, more than 6,000 TPD of nitrogen, and over 700 TPD of instrument air. The first of the four ASUs is targeted for onstream in July 2015. The remaining three are to be operational at one month intervals with the final ASU scheduled for commercial operation in October 2015. Full Article
Air Products and Chemicals Inc Issues Q2 2013 EPS Guidance Above Analysts' Estimates; Raises FY 2013 EPS Guidance
Air Products and Chemicals Inc announced that for second quarter of 2013, it expects earnings per share (EPS) in the range of $1.34-$1.39. For fiscal 2013, the Company updated EPS guidance in the range of $5.70-$5.90. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.29 for second quarter of 2013; EPS of $5.74 for fiscal 2013. Full Article
Air Products and Chemicals Inc Secures Renewable Hydrogen Fueling Station Contract
Air Products and Chemicals Inc announced that it has been awarded a contract with India's University of Petroleum and Energy Studies (UPES) to build the country's first solar powered renewable hydrogen fueling station. Air Products' hydrogen fueling technology and infrastructure will be part of a mass public transit bus fueling and vehicle demonstration program administered by UPES. The station, which will generate hydrogen from solar energy via an electrolyzer and be located at the Solar Energy Centre near Delhi, is scheduled to be onstream in July 2013. Full Article
Air Products and Chemicals Inc Reaffirms FY 2013 EPS Guidance-Conference Call
Air Products and Chemicals Inc announced that for fiscal 2013, it expects EPS to be in the range of $5.65 to $5.85 per share. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.74 for fiscal 2013. Full Article
Air Products and Chemicals Inc Declares Quarterly Dividend
Air Products and Chemicals Inc announced that quarterly dividend of 64 cents per share of common stock. The dividend is payable on February 11, 2013 to shareholders of record at the close of business on January 2, 2013. Full Article
Air Products and Chemicals Inc Issues FY,Q1 2013 EPS Guidance Below Analyst's Estimates
Air Products and Chemicals Inc announced that for fiscal 2013, it expects EPS to be in the range of $5.65 to $5.85 per share. For the first quarter of fiscal 2013, it expects EPS to be between $1.26 and $1.31 per share. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.37 for the first quarter of 2013 and EPS of $6.16 for fiscal 2013. Full Article
UPDATE 1-Praxair, Air Products say order backlog to fuel 2013 growth
* Air Products forecasts higher profit of $5.70-$5.90/share
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
