DANBURY, Conn. _ Praxair Inc. on Wednesday reported second-quarter profit of $308 million. Eight analysts surveyed by Zacks expected $2.86 billion. For the current quarter ending in September, Praxair expects its per-share earnings to range from $1.42 to $1.49.
June 26- A headless body daubed with Arabic writing was found on Friday at a factory in southeast France owned by Air Products and Chemicals Inc, a U.S.-based industrial gas and chemicals company. *Founded in 1940, the Allentown, Pennsylvania- based company reported $991.7 million in net income on $10.4 billion in sales in its most recent fiscal year.
Here are the best day and month trades for a GDP revision that beat expectations.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
Actively managed large-cap mutual funds continue to come up short in their long-running battle against the S&P 500 index.
So far, the stock market has looked past the weather impacts on manufacturing, housing, consumer spending and even hiring.
Here's what Pershing Square's Bill Ackman thinks about a slew of companies.
Some of Wednesday's midday movers:
Check out which companies are making headlines after the bell Wednesday:
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.