Industrial Gases

Steven Ralston, CFA Today, Pelangio Exploration (PGXPF: OTCBB and PX: TSX-V) announced encouraging positive assay results from the second Manfo drilling program at the Pokukrom East and Nfante West gold exploration areas. The results strongly confirm that major mineralized systems of bulk...

Steven Ralston, CFA Today, Pelangio Exploration (PGXPF: OTCBB and PX: TSX-V) announced encouraging positive assay results from the second Manfo drilling program at the Pokukrom East and Nfante West gold exploration areas. The results strongly confirm that major mineralized systems of bulk...

Praxair Electronics, Praxair Inc's (PX) Chinese unit, was recently awarded three contracts in China. Among the three, the first one was from ShanXi LuAn Solar Energy for the silane, ammonia and bulk atmospheric gases. The second was from Changzhou Trina Solar Energy Co. Ltd. for the supply of...

OVERVIEW Chemicals are essential to millions of consumer goods, enabling hi-tech advances in industries as diverse as aerospace, computing and telecommunications. The chemical industry comprises companies engaged in the conversion of raw materials -- oil, natural gas, air, water, metals -- that...

OVERVIEW Chemicals are essential to millions of consumer goods, enabling hi-tech advances in industries as diverse as aerospace, computing and telecommunications. The chemical industry comprises companies engaged in the conversion of raw materials -- oil, natural gas, air, water, metals -- that...

Praxair Electronics, Praxair Inc's (PX) Chinese unit, was recently awarded three contracts in China. Among the three, the first one was from ShanXi LuAn Solar Energy for the silane, ammonia and bulk atmospheric gases. The second was from Changzhou Trina Solar Energy Co. Ltd. for the supply of...

Praxair Electronics, Praxair Inc's (PX) Chinese unit, was recently awarded three contracts in China. Among the three, the first one was from ShanXi LuAn Solar Energy for the silane, ammonia and bulk atmospheric gases. The second was from Changzhou Trina Solar Energy Co. Ltd. for the supply of...

Praxair Electronics, Praxair Inc's (PX) Chinese unit, was recently awarded three contracts in China. Among the three, the first one was from ShanXi LuAn Solar Energy for the silane, ammonia and bulk atmospheric gases. The second was from Changzhou Trina Solar Energy Co. Ltd. for the supply of...

Jefferies is out with an update on Air Products (NYSE: APD), after APD announced increased expectations for F2011. In its report sent to clients, Jefferies writes, "Air Products lifted its F2011 earnings expectations from a range of $5.50 to $5.70 per share by $0.05 on the lower end, to a range of...

Morgan Stanley said that it feels the underperformance of Air Products and Chemicals, Inc. (NYSE: APD) shares is unwarranted and views the recent sell-off as a buying opportunity. “Air Products' F1Q11 adjusted EPS of $1.35 included a one-time ~$8mn loss at one of its joint ventures and a ~$5mn...

Air Products (NYSE: APD) had a solid but in-line FQ1 with EPS $0.01 above consensus, volumes up 10% and the maintaining of the top end of ‘11 EPS guidance at $5.70. With overall EBIT margin of 16.9% in Q1, Deutsche Bank sees upside to Air Products' ‘11 target of 17% from a stronger manufacturing...

Piper Jaffray is out with report today on Airgas (NYSE: ARG) increasing its PT on ARG from $75 to $76. In a note to clients, Piper Jaffray writes, "We continue to recommend Airgas to those clients that want exposure to the early cycle recovery of U.S. manufacturing. Despite revenues that remain...

Jefferies reiterated its rating of Buy of Air Products (NYSE: APD), and its price target of $105, in a research report published today. In the report, Jefferies states, "With a recovery in industrial markets and rising energy prices likely to flow through to Air Products' backlog in 2011, and a...

Jefferies & Company has raised the price target on Airgas, Inc. (NYSE: ARG) from $65.50 to $70 and maintains its Hold rating.

Piper Jaffray has an Overweight rating and a $76 price target on shares of Airgas, Inc. (NYSE: ARG). In a note to clients, Piper Jaffray writes, "While the construction markets remain depressed, manufacturers continue to look for ways to reduce operating costs, which we believe can have positive...