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Praxair Inc (PX.N)

PX.N on New York Stock Exchange

150.64USD
17 Nov 2017
Change (% chg)

$1.60 (+1.07%)
Prev Close
$149.04
Open
$149.11
Day's High
$151.43
Day's Low
$149.04
Volume
848,773
Avg. Vol
304,910
52-wk High
$151.43
52-wk Low
$115.00

Latest Key Developments (Source: Significant Developments)

S.A.'s Competition Commission recommends Absa Bank deal to buy Pacific Heights Investments
Thursday, 9 Nov 2017 05:52am EST 

Nov 9 (Reuters) - S.A.'s Competition Commission-:RECOMMENDED TO TRIBUNAL PROPOSED DEAL FOR ABSA BANK TO BUY PACIFIC HEIGHTS INVESTMENTS BE APPROVED, WITHOUT CONDITIONS.APPROVED PROPOSED MERGER, WITHOUT CONDITIONS, WHEREBY LINDE PLC INTENDS TO ACQUIRE LINDE AG AND PRAXAIR INC ‍​.  Full Article

Linde eyes "sizeable" Lincare M&A opportunities
Friday, 27 Oct 2017 08:51am EDT 

Oct 27 (Reuters) - Linde LIN1.DE:CEO says decisions on engineering, Lincare will be made after closing of Praxair <<>> deal.CFO says looking at sizeable M&A opportunities for Lincare, waiting for regulatory clarity.  Full Article

Linde CEO says 67.9 pct of shares tendered for exchange so far
Friday, 27 Oct 2017 04:02am EDT 

Oct 27 (Reuters) - Linde CEO :Says 67.9 pct of shares have been tendered for exchange in Praxair <<>> merger.Says would look at whether tax risks make praxair merger unattractive if final acceptance level was below 74 percent.  Full Article

Praxair reports Q3 earnings per share $1.50 excluding items
Thursday, 26 Oct 2017 06:01am EDT 

Oct 26 (Reuters) - Praxair Inc :Praxair reports third-quarter 2017 results.Sees Q4 2017 earnings per share $1.45 to $1.50 excluding items.Q3 sales $2.922 billion versus I/B/E/S view $2.83 billion.Sees FY 2017 adjusted earnings per share $5.78 to $5.83.Q3 earnings per share $1.50 excluding items.Q3 earnings per share $1.45.Q3 earnings per share view $1.45 -- Thomson Reuters I/B/E/S.‍Full-year capital expenditures are expected to be approximately $1.4 billion.Quarter-End backlog of ‍$1.5 billion; includes four new project wins in U.S. And Asia​.FY2017 earnings per share view $5.72 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $1.46 -- Thomson Reuters I/B/E/S.  Full Article

Praxair Inc - ‍declared a quarterly dividend of 78.75 cents per share
Thursday, 26 Oct 2017 06:00am EDT 

Oct 26 (Reuters) - Praxair Inc :Praxair Inc - ‍declared a quarterly dividend of 78.75 cents per share, unchanged from previous quarter​.  Full Article

Praxair signs long-term contract with BASF in the U.S. Gulf coast
Wednesday, 25 Oct 2017 08:30am EDT 

Oct 25 (Reuters) - Praxair Inc ::Praxair signs new long-term contract with BASF in the u.s. Gulf coast.Praxair Inc - co , BASF sign agreement for Praxair to design, build, own, operate new syngas processing plant at basf's facility in Geismar, Louisiana​.Praxair - new syngas processing plant at BASF's facility in Geismar, Louisiana will start up in 2020 ​.  Full Article

Praxair signs long-term agreement to supply Samsung display complex in Tangjeong
Tuesday, 24 Oct 2017 08:35am EDT 

Oct 24 (Reuters) - Praxair Inc :Praxair signs long-term agreement to supply Samsung display complex in Tangjeong, South Korea.‍Signed agreement to build, own, operate air separation plant to supply 700 tons/ day of nitrogen to Samsung's display manufacturing complex​.‍Air separation plant expected to start up in 2018​.  Full Article

Linde says 50.85 percent of shares tendered for planned Praxair merger
Friday, 20 Oct 2017 08:33am EDT 

Oct 20 (Reuters) - Linde :Says shareholders representing 50.85 percent of capital accept exchange offer for Praxair px.n merger by Oct 20.Linde needs at least 75 percent of shareholders to tender stock to the new company for Praxair merger to go through.  Full Article

Praxair signs agreement to supply nitrogen to GlobalFoundries
Tuesday, 17 Oct 2017 08:49am EDT 

Oct 17 (Reuters) - Praxair Inc :Praxair signs long-term agreement to supply nitrogen to globalfoundries.Praxair inc - will build, own and operate a plant to support globalfoundries' advanced manufacturing processes at its malta fabrication facility​.  Full Article

Linde says 46 percent of shares tendered for planned Praxair merger
Tuesday, 17 Oct 2017 08:24am EDT 

Oct 17 (Reuters) - Linde says:Shareholders representing 45.8 percent of capital accept exchange offer for praxair <<>> merger by Oct 17.Linde needs at least 75 percent of shareholders to tender stock to the new company for praxair merger to go through.  Full Article

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Linde reaches important acceptance level for Praxair merger

FRANKFURT Industrial gases group Linde has exceeded an important 74 percent approval threshold for its planned $80 billion tie-up with Praxair, it said on Wednesday.