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Manila Mining Corporation (MA) – Poised For A Breakout?
Monday, July 11, 2011 - 8:29pm | 537The technical setup in the Manila Mining Corporation stock chart or MA in the Philippine stock exchange suggests a breakout soon from what looks to be a symmetrical triangle or a cup and handle pattern. Regardless of what pattern this consolidation may be, it looks bullish and could continue to...
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Is Philex Mining (PX) Bound For Some Correction?
Monday, July 11, 2011 - 8:08pm | 512Manny Pangilinan-chaired Philex Mining Corporation (PX) has been having a terrific performance so far this year, booking a YTD return of 51.42%. However, it seems that its winning streak maybe coming into a halt given its present technical set-up. As you can see from its daily chart, the stocks...
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Airgas Partners with MacEwen Petroleum, Inc. to Distribute AiRx Diesel Exhaust Fluid in Canada
Monday, July 11, 2011 - 4:00pm | 103Airgas, Inc. (NYSE: ARG) today announced it is partnering with MacEwen Petroleum, Inc., Maxville, Ontario, to distribute Airgas AiRx Diesel Exhaust Fluid in Canada. MacEwen has over 35 years of experience as a leading supplier of petroleum products to a variety of customers, including retail,...
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Puts Purchased on Praxair
Monday, July 11, 2011 - 10:47am | 122Shares of Praxair (NYSE: PX) are lower on the session by 1.57%, currently trading at $108.74. The stock has been moving largely higher over the past six weeks and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the...
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Morgan Stanley Coverage Discontinuations 7/6
Thursday, July 7, 2011 - 6:04am | 161Morgan Stanley has discontinued coverage on the following companies: Albemarle (NYSE: ALB) Eastman Chemical (NYSE: EMN) Celanese (NYSE: CE) Kraton Performance (NYSE: KRA) LyondellBasell (NYSE: LYB) DuPont (NYSE: DD) Dow Chemical (NYSE: DOW) PPG Industries (NYSE: PPG) Praxair (NYSE: PX) Sherwin-...
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Air ProductsTechnology Selected for World's First Floating LNG facility
Thursday, June 30, 2011 - 8:30am | 96Air Products (NYSE: APD) today announced it has been selected to supply its proprietary cryogenic coil wound LNG heat exchanger for the world's first Floating LNG facility to be located in the Browse Basin off the northwest coast of Western Australia. In May, Shell announced it had made its final...
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KeyBanc Upgrades Airgas To Buy, $85 PT
Wednesday, June 29, 2011 - 7:39am | 26KeyBanc Capital Markets has upgraded Airgas (NYSE: ARG) from Hold to buy and has established an $85 price target.
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Jefferies Previews Air Products Q3
Tuesday, June 28, 2011 - 7:41am | 74“We expect Air Products (NYSE: APD) to report fiscal Q3 EPS of at least $1.47, up 15%,” Jefferies wrote in a report today. “Following its upbeat investor day, we expect the company to focus on providing more granular detail to demonstrate better momentum in the on-site/tonnage business as well as...
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Bank Of America Comments On Praxair Investor Meeting
Thursday, June 23, 2011 - 6:59am | 121According to Bank Of America, Praxair (NYSE: PX) held an investor event. Bank Of America said that it attended Praxair's investor event in Chicago, where CEO Steve Angel, CFO Jim Sawyer and senior management highlighted double-digit growth prospects for hydrogen (7% of total sales in 2010) and...
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Air Products Acquires Poly-Flow Engineering; Terms Undisclosed
Wednesday, June 15, 2011 - 12:31pm | 143Air Products (NYSE: APD) today announced it has acquired the business of Poly-Flow Engineering LLC, a manufacturer of equipment for the semiconductor industry based in Albuquerque, N.M. Terms of the deal with PFE and its owner Ktech Corporation were not disclosed. PFE, which has 100 employees,...
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Morgan Stanley Reiterates Rating, Ups PT On APD
Monday, June 13, 2011 - 7:12am | 122Morgan Stanley is reiterating its Overweight rating and is raising its price target from $105 to $115 on Air Products and Chemicals Inc. (NYSE: APD) following the company's Investor Day, held last week. In the report, Morgan Stanley writes, “Last week, Air Products hosted its 2011 investor day in...
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Benzinga's Top Upgrades
Monday, June 13, 2011 - 7:09am | 145FBR Capital upgraded Patriot Coal Corporation (NYSE: PCX) from “market perform” to “outperform.” PCX's shares closed at $20.85 on Friday. Patriot Coal's trailing-twelve-month revenue is $2.14 billion. Analysts at Robert W. Baird upgraded Vera Bradley Inc (NASDAQ: VRA) from “neutral” to “outperform...
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Morgan Stanley Upgrades Rating, Moves PT To $112 On PX
Monday, June 13, 2011 - 7:01am | 123Morgan Stanley is upgrading its rating from Underweight to Equal-Weight and is raising its price target from $103 to $112 on Praxair (NYSE: PX) in its preview of the company's upcoming Investor Day. According to Morgan Stanley, “We expect Praxair to discuss additional hydrogen opportunities at its...
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Jefferies Reiterates Buy on Praxair
Monday, June 13, 2011 - 6:46am | 85Jefferies is out with its report today on Praxair (NYSE: PX), reiterating Buy. In a note to clients, Jefferies writes, "Praxair's recent announcement of two HyCO projects for Valero could add, by our estimates, $0.07-$0.08 to 2013E EPS, and likely almost double the value of HyCO projects in...
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Morgan Stanley Upgrades Praxair To Equal-weight, Raises PT To $112
Monday, June 13, 2011 - 5:30am | 27Morgan Stanley has upgraded Praxair (NYSE: PX) from Underweight to Equal-weight and has raised the price target from $103 to $112.