Key Developments: Praxair Inc (PX.N)

PX.N on New York Stock Exchange

19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Praxair Inc issues Q2 2014 EPS guidance below analysts' estimates; issues FY 2014 guidance in line with analysts' estimates
Wednesday, 23 Apr 2014 06:01am EDT 

Praxair Inc:Expects Q2 2014 EPS in the range of $1.55 to $1.60.Expects FY 2014 sales in the range of $12.4 bln to $12.8 bln.Expects FY 2014 diluted EPS to be in the range of $6.30-$6.50, 6 pct to 10 pct above the prior year.Q2 2014 EPS of $1.62 - Thomson Reuters I/B/E/S.FY 2014 revenue of $12.63 bln and EPS of $6.47 - Thomson Reuters I/B/E/S.  Full Article

Praxair Inc declared quarterly dividend
Wednesday, 23 Apr 2014 06:00am EDT 

Praxair Inc:Declared quarterly dividend of 65 cents per share.Payment on June 16.Record date on June 6.  Full Article

Praxair Inc acquires Packaged Gas Distributor in Western Michigan
Wednesday, 2 Apr 2014 09:00am EDT 

Praxair Inc:Acquired Lake Welding Supply Company Inc.Financial terms of transaction were not disclosed.  Full Article

Praxair Inc starts up air separation plant for Steel Authority of India Limited
Wednesday, 19 Mar 2014 07:45am EDT 

Praxair Inc:Start-up of two 1,250 metric tons per day air separation units at Steel Authority of India's (SAIL) Bhilai, India facility.Plant will provide reliable and energy efficient supply of gaseous oxygen, nitrogen and argon under long term contract to support SAIL's expansion activities.  Full Article

Praxair Inc announces acquisition and divestiture
Wednesday, 12 Mar 2014 08:41am EDT 

Praxair Inc:Strengthens its position in Italy through acquisition of Messer Italia S.p.A's liquid carbon dioxide, oxygen, nitrogen and argon and packaged gases businesses.In addition, Praxair sold its industrial gases operations in France to Messer France SAS.Divestment of French operations included three air separation units and two packaged gas filling stations.  Full Article

Praxair Inc acquires packaged gas distributors in Texas and Oklahoma
Tuesday, 11 Mar 2014 02:52pm EDT 

Praxair Inc:Acquired two independent distributors of packaged gas and welding supplies United Welding Supplies, LLC (United) in Texas and Best Welders Supply, Inc.Financial terms of the transactions were not disclosed.  Full Article

Praxair Inc Prices 600 mln euros of 1.500pct Notes Due 2020
Tuesday, 4 Mar 2014 02:34pm EST 

Praxair Inc:Priced 600 mln Euros of 1.500 pct notes due Mar. 11, 2020.Says the notes are being offered under its shelf registration statement filed with the U.S. Securities and Exchange Commission.Says the offering is led by Credit Suisse Securities (Europe) Limited, Deutsche Bank AG, London Branch and HSBC Bank plc.The offering is expected to close on Mar. 11.The proceeds will be used for general corporate purposes, including repayment of debt and share repurchases.  Full Article

Praxair Inc completes purchase of Praxair Distribution Mid-Atlantic, LLC
Monday, 3 Feb 2014 04:01pm EST 

Praxair Inc:Says it has completed the acquisition of Praxair Distribution Mid-Atlantic, LLC (PDMA), its industrial gases distribution joint venture.Praxair previously held a majority ownership stake in the business.Says terms of the agreement were not disclosed.  Full Article

Praxair Inc issues Q1 2014 EPS And FY 2014 guidance below analysts' estimates
Wednesday, 29 Jan 2014 06:01am EST 

Praxair Inc:Expects Q1 2014 diluted earnings per share in the range of $1.48-$1.53, up 7% to 11%.Expects FY 2014 sales in the range of $12.3-$12.8 bln.Expects FY 2014 EPS in the range of $6.25 to $6.55.Says sales guidance assumes a negative currency impact of about 3% versus 2013 based on current exchange rates.Q1 2014 EPS of $1.57 -Thomson Reuters I/B/E/S.FY 2014 revenue of $12.84 bln and EPS of $6.66 - Thomson Reuters I/B/E/S.  Full Article

Praxair Inc authorizes new share repurchase program; declares dividend increase
Wednesday, 29 Jan 2014 06:00am EST 

Praxair Inc:Says it has authorized a new share repurchase program for up to $1.5 billion of its common stock.Says it has also declared an 8% increase in Praxair`s quarterly dividend to 65 cents per share, payable on Mar. 17 to common shareholders of record on Mar. 7.Says this is the 21st consecutive annual increase in Praxair`s dividend.  Full Article


Victims call for justice 30 years after Bhopal disaster

BHOPAL, India (Thomson Reuters Foundation) - Hundreds of protesters gathered on Wednesday outside the abandoned factory which caused the world's deadliest industrial disaster in the Indian city of Bhopal, burning effigies and demanding justice for survivors suffering 30 years later.

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