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Praxair Inc (PX.N)

PX.N on New York Stock Exchange

115.95USD
29 Jul 2016
Change (% chg)

$-1.16 (-0.99%)
Prev Close
$117.11
Open
$116.49
Day's High
$116.59
Day's Low
$115.72
Volume
29,047
Avg. Vol
329,097
52-wk High
$119.89
52-wk Low
$95.64

Latest Key Developments (Source: Significant Developments)

Praxair Inc prices $750 million notes
Monday, 21 Sep 2015 06:24pm EDT 

Praxair Inc:Has priced $300 million of 2.25 pct notes due Sept. 24, 2020 and $450 million of 3.20 pct notes due Jan. 30, 2026.The notes are being offered under its shelf registration statement filed with the U.S. Securities and Exchange Commission.The offering is led by Citigroup Global Markets Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Mitsubishi UFJ Securities (USA), Inc.Offering is expected to close on Sept. 24.Using the proceeds of the offering for general corporate purposes, including the repayment of outstanding indebtedness.  Full Article

Praxair signs agreement to acquire Yara European Carbon Dioxide Business
Tuesday, 15 Sep 2015 02:00am EDT 

Praxair Inc:Says it has signed an agreement to acquire Yara International ASA's (Yara) European CO2business.Says the proposed transaction also includes Praxair's acquisition of Yara's remaining 34% stake in the Yara Praxair Holding AS industrial gas joint venture in Scandinavias.Says the investment for both transactions is expected to be 312 million euros.  Full Article

Praxair signs long-term helium purchase agreement
Tuesday, 8 Sep 2015 09:00am EDT 

Praxair Inc:Announced today that it has taken another step in enhancing its helium supply portfolio by signing a long-term agreement for the purchase of helium from Nacogdoches Oil & Gas.NOG will supply up to 100 million scf per year of helium under the agreement, with the potential for further expansion.  Full Article

Praxair Inc gives Q3 2015 EPS guidance below analysts' estimates; lowers FY 2015 EPS guidance; authorizes new share repurchase program
Wednesday, 29 Jul 2015 06:01am EDT 

Praxair Inc:Expects Q3 2015 earnings per share in the range of $1.42-$1.49.Expects FY 2015 earnings per share in the range of $5.80-$5.95.Q3 2015 EPS of $1.57 - Thomson Reuters I/B/E/S.FY 2015 EPS of $5.99 - Thomson Reuters I/B/E/S.Authorizes new share repurchase program for up to $1.5 billion of Praxair's common stock.Says it has about $500 million of repurchase authority available under its previously announced buyback authorization from January 2014, giving it about $2.0 billion available for stock repurchases under these programs.Says the repurchases will be financed by available cash and debt.  Full Article

Praxair Inc declares quarterly dividend
Wednesday, 29 Jul 2015 06:00am EDT 

Praxair Inc:Has declared quarterly dividend of 71.5 cents per share, unchanged from the previous quarter.Dividend is payable on Sept. 15 to shareholders of record on Sept. 8.  Full Article

Praxair and Delaware city refining sign long-term supply agreement for refinery's carbon dioxide
Wednesday, 15 Jul 2015 09:30am EDT 

Praxair Inc:Says Praxair and Delaware city refining sign long-term supply agreement for refinery's carbon dioxide.Says Praxair will build, own and operate a 450-ton-per-day carbon dioxide purification and liquefaction plant at the refinery.Says new carbon dioxide source will begin serving customers in 2016.Says long-term agreement with Delaware city refining company in which Praxair will purchase crude carbon dioxide from the refinery.  Full Article

Praxair signs long-term supply agreement in India
Thursday, 14 May 2015 09:30am EDT 

Praxair:Signs a long-term contract with Gerdau in India for the supply of gaseous oxygen to the company's blast furnace in Tadipatri, Andhra Pradesh.Gerdau is the largest long steel producer in the Americas and one of the leading suppliers of special long steel in the world.Praxair will build, own and operate an 80 tons per day non-cryogenic vacuum-pressure-swing-adsorption plant, which is expected to start up in 2016.Gerdau's steel facility has an installed capacity to produce 300,000 tons of special steel per year, primarily for automotive, defense, railways and related industries.  Full Article

Praxair Inc signs long-term supply contract with water recycling plant
Tuesday, 12 May 2015 09:30am EDT 

Praxair Inc:Says through its subsidiary Beijing Praxair Inc, has signed a long-term gas supply contract with Gao Bei Dian water recycling plant of Beijing Drainage Group Co Ltd.Says it will build, own and operate a vacuum pressure swing adsorption unit to supply gaseous oxygen to plant for its wastewater treatment and recycling processes.  Full Article

Praxair Inc gives Q2, FY 2015 guidance
Wednesday, 29 Apr 2015 06:27am EDT 

Praxair Inc:Sees FY 2015, sales in the range of $11.4 billion to $11.7 billion.Sees FY 2015 diluted earnings per share to be in the range of $5.90 to $6.15.Sees Q2 2015 2015, diluted earnings per share in the range of $1.40 to $1.48.  Full Article

Praxair Inc declares quarterly dividend
Wednesday, 29 Apr 2015 06:00am EDT 

Praxair Inc:Has declared quarterly dividend of 71.5 cents per share, unchanged from previous quarter.Dividend is payable on June 15 to shareholders of record on June 5.  Full Article

BRIEF-Praxair reports Q2 earnings per share $1.39

* Sees Q3 2016 adjusted earnings per share $1.35 to $1.42 excluding items