Air Products and Chemicals Inc


  • BOSTON, Aug 4- Billionaire investor William Ackman's Pershing Square Holdings has risen 27.2 percent this year, according to an investor in the fund, after extending its gains modestly last month when many hedge fund managers suffered losses.

  • *Q2 oper profit 969 mln euros vs Rtrs poll avg 965 mln. FRANKFURT, July 29- German industrial gases maker Linde reported a decline in quarterly profits on Tuesday, hit by unfavourable foreign exchange rate fluctuations.

  • Seifi Ghasemi, who successfully executed a number of deals as CEO of Rockwood Holdings Inc, was appointed to the top position at Air Products last month and analysts expect him to divest some of the company's businesses.

  • Industrial gas producer Air Products' profit rises 9 pct Wednesday, 23 Jul 2014 | 6:14 AM ET

    July 23- Industrial gas producer Air Products and Chemicals Inc reported a 9 percent rise in quarterly profit, driven by higher sales by its merchant gases, and electronics and performance materials divisions. The company's net profit rose to $314 million, or $1.46 per share, in the third quarter ended June 30 from $288.4 million, or $1.36 per share, a year earlier.

  • July 21- Time Warner Inc's board moved to prevent its shareholders from calling special meetings, effectively throwing up a hurdle to any quick move to approve a potential takeover by Rupert Murdoch's Twenty-First Century Fox.

  • *Albermale to pay $50.65 in cash and 0.4803 in stock. July 15- Chemicals maker Albemarle Corp said it would buy rival Rockwood Holdings Inc for $6.2 billion to tap the fast-growing demand for lithium products used in mobile phone and automobile batteries. Rockwood shareholders will get $50.65 in cash and 0.4803 Albemarle shares for each share they own.

  • The agreements, which involve companies and research institutions, were signed in Beijing ahead of a two-day visit to China by top Obama administration officials including Secretary of State John Kerry, Treasury Secretary Jack Lew and Energy Secretary Ernest Moniz.

  • Strong gains in its top holdings, including Canadian Pacific, Air Products& Chemicals and Burger King Worldwide helped fuel the rise. Ackman has spent much of June trying to convince pharmaceutical company Allergan, in which he is the biggest investor, to sell itself to rival Valeant Pharmaceuticals, with which he is working to negotiate a deal.

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  • Ackman strikes again? Air Products looks for new CEO Thursday, 26 Sep 2013 | 8:02 AM ET
    Bill Ackman

    Nearly two months after activist investor Bill Ackman took a $2.2 billion stake in Air Products, the company is searching for a new CEO.

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  • Ackman's Pershing Square loses 2.2% in July Monday, 5 Aug 2013 | 12:50 PM ET
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    It was a tough July for hedge fund manager William Ackman, whose Pershing Square Capital Management lost 2.2 percent during the month, according to its latest performance update.

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    Bill Ackman

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