So far, the stock market has looked past the weather impacts on manufacturing, housing, consumer spending and even hiring.» Read More
Jan 29- Praxair Inc, the largest industrial gas supplier in the Americas, raised its dividend by 8 percent and set another $1.5 billion share buyback plan, after its quarterly profit rose due to strong sales and acquisitions.
Jan 29- Praxair Inc, the largest industrial gas supplier in the Americas, raised its dividend by 8 percent and said it would buy back stock worth $1.5 billion, after reporting a 15 percent rise in quarterly profit. The company's net income rose to $474 million, or $1.59 per share, in the fourth quarter ended Dec. 31 from $414 million, or $1.38 per share, a year earlier.
Air Products shares rose as much as 6.9 percent, taking gains to almost a quarter since Ackman's Pershing Square starting building up a $2.2 billion holding in June. Ackman argued the company was undervalued and lagged peers after Pershing Square revealed a 9.8 percent stake that made it Air Products' largest shareholder.
Sept 26- Industrial gas producer Air Products& Chemicals Inc, feeling the heat from activist investor Bill Ackman, said Chief Executive John McGlade would retire in 2014.. McGlade was targeting $15 billion in annual sales and a 20 percent operating margin by 2015, but Air Products has lagged rivals Praxair Inc, Linde AG and Air Liquide SA.
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.
William Ackman's firm Pershing Square Capital Management has acquired a 9.8 percent position in $22 billion industrial gas company Air Products & Chemicals.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Even as the S&P 500 edges toward its all-time closing high, strategists are recommending investors think about stocks to play during a pullback.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
There are 38 companies in the S&P 500 index that have not moved more than 2 percent positive or negative year-to-date.
--U.S.-based Apria Healthcare Group reported negative $64 million of discretionary cash flow for the first half of 2012.. --The magnitude of the cash flow deficit raises doubt that the company will reduce its cash flow to our estimate of less than negative $20 million by the end of 2012 and return to positive free operating cash flow in 2013..
Ayala Land buys out Saudi group from hotel project- Philippine Daily Inquirer.
NOTE: Reuters has not verified this story and does not vouch for its accuracy.
Cramer makes the call on viewers' favorite stocks.
Three mutual funds are poised to have a breakout year and move to the top of the standings after dismal performances in 2011, according to S&P Capital IQ research.
In light of the manic market, plenty of companies with consistent, sustainable cash flows and earnings are now on offer at a discount, say portfolio managers.
From Florida's Space Coast to contractors in Connecticut and Georgia. jobs and business will be lost — some, probably forever.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 27.
Hewlett-Packard shares gained over two percent in today's session, after its board approved an additional $10 billion stock buyback. Here is a look at the 15 largest buyback announcements in the last three months among S&P 500 companies.
A spate of recent deals could be just the boost of confidence they need.