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Praxair Inc (PX.N)

PX.N on New York Stock Exchange

153.61USD
16 Feb 2018
Change (% chg)

$-2.19 (-1.41%)
Prev Close
$155.80
Open
$154.99
Day's High
$155.02
Day's Low
$153.21
Volume
570,056
Avg. Vol
482,707
52-wk High
$166.81
52-wk Low
$115.72

Latest Key Developments (Source: Significant Developments)

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

Praxair signs long-term contract to supply Huali Microelectronics
Friday, 13 Oct 2017 08:30am EDT 

Oct 13 (Reuters) - Praxair Inc ::Praxair signs long-term contract to supply Huali Microelectronics at Kangqiao Industrial Park in Shanghai, China.Praxair Inc - ‍Praxair will start to supply HLMC from new plants in early 2018 to support company's commissioning and production schedule​.Praxair Inc - ‍ signed a long-term contract to supply nitrogen, high purity oxygen, helium and other gases to Shanghai Huali Microelectronics Corporation​.‍Will build, own and operate two air separation plants that will provide approximately 600 tons per day of nitrogen to HLMC.Praxair Inc - ‍Praxair will start to supply HLMC from new plants in early 2018​.  Full Article

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 to pay advance '18 div to lay ground for Praxair merger

FRANKFURT, Feb 19 German industrial gases group Linde proposed a combined dividend of 7.00 euros ($8.68) share for 2017 and - as advance payment - for parts of 2018 to reconcile its dividend payment pattern with that of prospective merger partner Praxair.