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Morgan Stanley Raises PT On Air Products and Chemicals To $115
Monday, June 13, 2011 - 5:28am | 29Morgan Stanley has raised the price target on Air Products and Chemicals (NYSE: APD) from $105 to $115 and maintains its Overweight rating.
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Bank of America Merrill Lynch Maintains Buy on Air Products
Friday, June 10, 2011 - 7:50am | 128Bank of America Merrill Lynch is out with its report today on Air Products (NASDAQ: APD), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "We reinstated coverage of APD with a Buy rating in March 2011. We believe there is much to like at Air Products, including (1) a...
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Jefferies & Company Reports on Air Products
Friday, June 10, 2011 - 7:49am | 119Jefferies & Company commented on Air Products (NYSE: APD) in a report released today. In the report, Jefferies was positive in its assessment of the company. Jefferies writes, "Targeting $10 EPS in 2015. Air Products expects to generate a 15% EPS CAGR through 2015, reaching roughly $10 in EPS...
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Calls Purchased on Airgas, Inc.
Thursday, June 9, 2011 - 12:22pm | 122Shares of Airgas, Inc. (NYSE: ARG) are higher on the session by 1.89%, currently trading at $67.37. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...
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S&P 500's Hottest Sector 06/09/11
Thursday, June 9, 2011 - 11:25am | 247The S&P 500 is being led in today's trading action by the Basic Materials Sector, which is currently trading up 1.9% from yesterday's close. The best stocks currently trading in that sector are: 1) Allegheny Technologies (NYSE: ATI): Currently trading up 4.7% from yesterday's close to $62.36....
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Air Products to Expand Nitrogen Capacity and Pipeline in Chandler, Arizona
Wednesday, June 8, 2011 - 10:32am | 162Air Products (NYSE: APD) today announced it will increase production of ultra high-purity nitrogen and oxygen and expand its nitrogen pipeline serving the electronics industry in Chandler, Ariz. Air Products' nitrogen pipeline in Chandler has been serving semiconductor manufacturers in the area...
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Air Products' New Electronic Materials Facility in Banwol, Korea On-Line
Tuesday, June 7, 2011 - 9:02am | 214Air Products (NYSE: APD) today announced that its new electronic materials facility in Banwol, Korea has completed start-up and is successfully on-line. The newly commercialized materials produced at this facility will enable semiconductor manufacturers to create advanced generation devices. As...
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Bank of America Provides Color on Air Products, Buy
Tuesday, June 7, 2011 - 7:52am | 161Bank of America provided color on Air Products (NYSE: APD). In a research report published today, Bank of America listed the company's strength and weaknesses ahead of a meeting with the company's senior management. In the report, Bank of America states, "We believe there is much to like at Air...
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Jefferies Has Buy Rating On Air Products
Tuesday, June 7, 2011 - 7:06am | 153Jefferies & Co. has a Buy rating and a $111 price target on shares of Air Products (NYSE: APD). In a note to clients, Jefferies writes, "We expect Air Products to use the June 9 analyst day to recalibrate growth expectations, with aggressive long-term targets likely to include a mid-to-high-...
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Morgan Stanley Maintains Overweight on Air Products and Chemicals
Monday, June 6, 2011 - 7:39am | 84Morgan Stanley is out with its report today on Air Products and Chemicals (NYSE: APD), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Ahead of the company's June 9 investor day, we continue to believe that Overweight-rated APD offers an attractive risk-reward: a high quality...
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Meralco (MER) Lifted The PSEi Towards The Positive Territory!
Thursday, June 2, 2011 - 7:32am | 776The stocks of Manila Electric Company (MER) or Meralco as most people know it because of its electric energy distribution silenced the “bear Jones” 279-point 2% decline as it went up 7.5% to PHP268.80 in today's trading session. Since Meralco is part of the Philippine Stock...
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Lepanto Consolidated Mining (LC) Likely To Hit PHP 1.00
Wednesday, June 1, 2011 - 9:40pm | 501Hot shot Lepanto Consolidated Mining Corporation or LC in the Philippine Stock Exchange looks like it's going to hit the PHP 1.00 mark soon. LC has a stronghold for the best performing stock of the year with a year-to-date return of more than 97% so far. And based on its chart,...
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Air Products Increases Prices for Epoxy Additives by 5%-10%
Wednesday, June 1, 2011 - 9:28am | 57Air Products (NYSE: APD) today announced that effective July 1, 2011, or as contracts allow, it will increase prices globally by 5%-10% for its range of epoxy curing agents, accelerators, adhesion promoters, diluents and specialty resins, and up to 25% on its range of Ancatherm™ hot melt adhesives...
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Airgas Acquires Gas and Welding Distributor ABCO
Tuesday, May 31, 2011 - 3:15pm | 177Airgas (NYSE: ARG) today announced it has completed the acquisition of ABCO Gases, Welding and Industrial Supply Company. The Waterford, CT-based business serves medical and industrial customers with high-purity gases, liquid gases, specialty gas mixes, protocol gases, as well as industrial welding...
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Airgas Issues $250 Million of 2.95% Senior Notes Due 2016
Tuesday, May 31, 2011 - 3:08pm | 119Airgas, Inc. (NYSE: ARG) announced today it has priced $250 million of 2.95% senior notes due June 15, 2016. The notes are being offered under a shelf registration statement filed with the U.S. Securities and Exchange Commission. The offering is expected to close on June 3, 2011, and proceeds of...