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Praxair Inc (PX.N)

PX.N on New York Stock Exchange

137.60USD
22 Sep 2017
Change (% chg)

$-0.97 (-0.70%)
Prev Close
$138.57
Open
$138.48
Day's High
$138.48
Day's Low
$137.26
Volume
256,676
Avg. Vol
316,756
52-wk High
$138.93
52-wk Low
$114.48

Latest Key Developments (Source: Significant Developments)

Praxair reports Q2 earnings per share $1.41
Thursday, 27 Jul 2017 06:01am EDT 

July 27 (Reuters) - Praxair Inc :Praxair reports second-quarter 2017 results.Sees Q3 2017 earnings per share $1.40 to $1.46 excluding items.Sees FY 2017 adjusted earnings per share $5.63 to $5.75.Q2 sales $2.834 billion versus I/B/E/S view $2.79 billion.Sees FY 2017 GAAP earnings per share $5.56 to $5.68.Q2 earnings per share $1.46 excluding items.Q2 earnings per share $1.41.Q2 earnings per share view $1.42 -- Thomson Reuters I/B/E/S.Says ‍full-year capital expenditures are expected to be approximately $1.4 billion​.Fy2017 earnings per share view $5.71 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $1.47 -- Thomson Reuters I/B/E/S.Praxair inc - quarter-end backlog $1.4 billion; includes new project win in u.s. Gulf coast.  Full Article

Praxair sets quarterly dividend of $0.7875per share
Thursday, 27 Jul 2017 06:00am EDT 

July 27 (Reuters) - Praxair Inc ::Sets quarterly dividend of $0.7875per share.  Full Article

Praxair announces air separation plant
Thursday, 20 Jul 2017 08:30am EDT 

July 20 (Reuters) - Praxair Inc :Started up new air separation plant for Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between Sinopec Jinling and Huntsman​.  Full Article

Praxair enters into credit agreement for revolving commitments of $500 mln
Wednesday, 5 Jul 2017 12:43pm EDT 

July 5 (Reuters) - Praxair Inc ::On June 30, Co entered into a 364-day credit agreement - SEC filing.Credit agreement provides for aggregate revolving commitments of US$500 million - SEC filing.Credit agreement supports company's commercial paper program.  Full Article

Linde chairman says may have to dispose of more assets than expected
Friday, 2 Jun 2017 09:26am EDT 

June 2 (Reuters) - Linde chairman:Says may have to dispose of more assets than expected but that wouldn't derail the Praxair px.n merger.Says winning over shareholders is more challenging, reaching 75 percent tender threshold not trivial.Says aspirational target should be $100 billion market capitalization 5 years from closing of Praxair px.n merger.  Full Article

Linde sup. board voted 6 to 5 in favour of merger with one abstention -sources
Thursday, 1 Jun 2017 01:15pm EDT 

June 1 (Reuters) - Linde :Supervisory board voted 6 to 5 in favour of merger with one abstention -sources.  Full Article

Linde supervisory board said to approve Praxair deal- Bloomberg, citing sources
Thursday, 1 Jun 2017 12:42pm EDT 

June 1 (Reuters) - :Linde supervisory board said to approve praxair deal- Bloomberg, citing sources.Linde supervisory board's approval of the deal will be announced as soon as today - Bloomberg, citing sources.  Full Article

Soroban Capital reports 6.2 pct passive stake in Praxair - SEC filing
Thursday, 27 Apr 2017 12:27pm EDT 

April 27 (Reuters) - Soroban Capital GP LLC::Soroban Capital GP LLC reports 6.2 percent passive stake in Praxair Inc as of April 18, 2017 - SEC filing.  Full Article

Praxair Q1 earnings per share $1.37 excluding items
Thursday, 27 Apr 2017 06:01am EDT 

April 27 (Reuters) - Praxair Inc ::Praxair reports first-quarter 2017 results.Sees Q2 2017 earnings per share $1.38 to $1.43 excluding items.Sees FY 2017 adjusted earnings per share $5.55 to $5.80.Q1 sales $2.728 billion.Sees FY 2017 GAAP earnings per share $5.53 to $5.78.Q1 earnings per share $1.37 excluding items.Q1 earnings per share $1.35.Praxair says volume growth was attained in north america, europe and asia, partially offset by south america due to challenging economic environment in Brazil.Praxair sees improved base volume growth in-line with current macro-economic environment.Praxair says new project opportunities, specifically in U.S. Gulf coast, continue to be a bright spot as bidding activity remains robust.Praxair sees full-year capital expenditures of about $1.4 billion.  Full Article

Praxair Inc's subsidiary signs long-term contract to supply Rolls-Royce
Tuesday, 28 Mar 2017 08:30am EDT 

Praxair Inc : Praxair Inc - Praxair Surface Technologies subsidiary was awarded a long-term contract by leading aero engine manufacturer Rolls-Royce . Praxair Inc - over 10-year contract, PST will apply its tribomet abrasive coatings to rotating components in jet engines of wide-body aircraft .Praxair Inc - project, which will begin in mid-2017, will be serviced from PST'S coating operations in Indianapolis and weston-super-mare, England.  Full Article

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Norway's $1 trillion wealth fund backs Linde-Praxair deal

OSLO The proposed $74 billion tie-up of German industrial gases group Linde and U.S. peer Praxair got a boost on Tuesday when the world's biggest sovereign wealth fund said it was backing the deal.