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Praxair Inc (PX)

PX on New York Consolidated

137.60USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Praxair confirms agreement in principle regarding deal with Linde AG
Wednesday, 24 May 2017 02:17pm EDT 

May 24 (Reuters) - Praxair Inc :Praxair Inc. confirms agreement in principle regarding a business combination agreement with Linde AG subject to board approvals of both parties.Co, Linde AG would combine their businesses in a merger of equals under a new holding company through an all-stock transaction.  Full Article

Praxair confirms preliminary talks about potential merger with Linde AG
Tuesday, 16 Aug 2016 10:20am EDT 

Praxair Inc : Praxair, inc. Confirms preliminary talks about a potential merger with Linde AG .Discussions ongoing and there can be no assurance that they will result in a transaction, or on what terms any transaction may occur.  Full Article

Praxair Inc in discussions to combine with Germany's Linde ag- source
Monday, 15 Aug 2016 07:25pm EDT 

: Praxair Inc in discussions to combine with Germany's Linde AG- source ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Praxair in talks to combine with Germany's Linde AG - WSJ
Monday, 15 Aug 2016 06:33pm EDT 

:Praxair Inc in discussions to combine with Germany'S Linde Ag; Details of talks couldn't be learned - WSJ, citing sources.  Full Article

Praxair reports Q2 earnings per share $1.39
Thursday, 28 Jul 2016 06:01am EDT 

Praxair Inc : Reports second-quarter 2016 results . Sees Q3 2016 adjusted earnings per share $1.35 to $1.42 excluding items . Sees FY 2016 adjusted earnings per share $5.45 to $5.60 . Q2 earnings per share $1.39 . Q2 sales $2.7 billion versus i/b/e/s view $2.61 billion . Q2 earnings per share view $1.36 -- Thomson Reuters I/B/E/S . Sees Q3 2016 GAAP earnings per share $1.34 to $1.41 . Sees FY 2016 GAAP earnings per share $5.40 to $5.55 . Project activity remains strong along U.S. Gulf coast . FY2016 earnings per share view $5.56, revenue view $10.42 billion -- Thomson Reuters I/B/E/S . Sees 2016 full-year capital expenditures are expected to be approximately $1.4 billion .Q3 earnings per share view $1.44, revenue view $2.69 billion -- Thomson Reuters I/B/E/S.  Full Article

NEL partners with Praxair for Norwegian hydrogen refulleling station
Tuesday, 24 May 2016 02:00am EDT 

Nel ASA : Uno-X Hydrogen AS, a NEL ASA joint venture, has entered into an agreement with a Norwegian affiliate of Praxair as a strategic alliance to install 20 hydrogen refuelling stations, covering all the major cities in Norway by 2020 . As part of the agreement, Praxair's Norwegian affiliate will aqcuire a 20 percent ownership interest in the joint venture .Following the agreement, Praxair's Norwegian affiliate will hold 20 percent of Uno-X Hydrogen, with Uno-X Gruppen and NEL holding 41 percent and 39 percent, respectively.  Full Article

Praxair Inc gives Q2 2015 EPS guidance; gives FY 2015 EPS guidance
Friday, 29 Apr 2016 06:01am EDT 

Praxair Inc:For Q2 2016, Praxair expects diluted earnings per share in the range of $1.32 to $1.39.For FY 2016, Praxair expects adjusted diluted earnings per share to be in the range of $5.35 to $5.70.  Full Article

Praxair Inc declares dividend in second quarter 2016
Friday, 29 Apr 2016 06:00am EDT 

Praxair Inc:Declared a quarterly dividend of 75.0 cents per share, unchanged from the previous quarter.Dividend is payable on June 15 to shareholders of record on June 7, 2016. The ex-dividend date is June 3, 2016.  Full Article

Praxair Signs Contracts to Install OPTIMELT and Oxygen Supply Systems with Glassmaker
Tuesday, 12 Apr 2016 09:40am EDT 

Praxair, Inc:signed a contract with Libbey, one of glassware and tableware manufacturers globally, to supply it with Praxair's OPTIMELTthermochemical regenerator (TCR) system.also entered into a long-term contract with Libbey to deliver oxygen to its glass melting facility in the Netherlands through a non-cryogenic, vacuum pressure swing adsorption (VPSA) system.Both the OPTIMELT TCR system and the 60 ton-per-day VPSA oxygen on-site supply system are scheduled to start up in 2017.  Full Article

Praxair, Inc declares annual dividend increase in Q1
Friday, 29 Jan 2016 06:00am EST 

Praxair, Inc:Declares 23rd consecutive annual dividend increase in first quarter 2016.Increases quarterly dividend by 5 percent to $0.75 per share.  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.