A director at P10 Inc sold 200,000 shares at 12.088USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN), has authorized the construction of a world scale hydrogen plant in Louisiana to supply product under a long-term contract with a major refinery in the area. The new plant will be integrated with Praxair’s already extensive Louisiana production network via its Mississippi River Corridor hydrogen pipeline system. Praxair will build, own and operate the steam methane reformer (SMR), which will have a capacity in excess of 170 million ...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN), has been named to and list, recognizing the company’s strong commitment to diversity and inclusion. This is the second consecutive year Praxair has been included on the Bloomberg GEI, which distinguishes companies committed to transparency in gender reporting and advancing women’s equality. Additionally, Forbes recognized Praxair as one of America’s Best Employers for Diversity. The list of 500 employers was based on an ...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN) today announced it has signed a long-term agreement to supply oxygen to Fulcrum BioEnergy’s Sierra BioFuels Plant in Storey County, Nevada. Praxair will build two vacuum pressure swing adsorption (VPSA) plants at the facility, which is under construction and expected to start up operations in early 2020. "Praxair is proud to partner with Fulcrum at its Sierra waste to fuels plant in Nevada,” said Armando Botello, West Region vice pr...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc, (NYSE:LIN; FWB:LIN) has reached an agreement with Phillips 66 (NYSE:PSX) to supply high-purity hydrogen to the company’s Sweeny Refinery located in Old Ocean, Texas, starting in early 2021. Praxair will extend its 310-mile U.S. Gulf Coast hydrogen pipeline system, which currently runs from Freeport, Texas to Lake Charles, Louisiana, to connect with the Sweeny Refinery. The company will also build, own and operate a new world-scale steam methane reform...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN) today announced it will increase nitrogen capacity at its facility under construction in Pyeongtaek, South Korea to meet growing demand at Samsung’s semiconductor manufacturing complex. The overall project, first announced in early 2018, is Praxair’s largest investment ever. Praxair is undertaking a multi-phase project to build several hydrogen and high-purity air separation plants, as well as multiple purifiers and an extensive pip...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN), the leading global producer of liquid hydrogen, today announced that it has commenced construction of its fifth liquid hydrogen plant in the U.S., adding geographic and source diversification. The new investment in La Porte, Texas, is in response to growing demand from customers in sectors such as material handling, aerospace, manufacturing, metals, energy and electronics. Praxair’s new plant, scheduled to start up in 2021, will pr...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN) today announced it has signed a long-term agreement to supply ultra-high purity nitrogen to Samsung’s world-class semiconductor facility in Hwaseong, South Korea. This is the fifth plant Praxair will build at this site to help enable Samsung to meet increased global semiconductor demand. The plant will supply Samsung’s facility with high purity nitrogen and is expected to start up in late 2019. Additionally, the company will ...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN; FWB:LIN), has initiated construction on a project to double production capacity at its Mims, Florida air separation plant. The expansion is in response to the rapidly growing demand from contracted customers in the space launch sector as well as in the healthcare, manufacturing, food processing and water treatment sectors in the area. The project is expected to be completed by the end of 2019. “This investment further strengthens Praxair’s s...
DANBURY, Conn.--(BUSINESS WIRE)-- , a wholly-owned subsidiary of Linde plc (NYSE:LIN and FWB:LIN), today announced it will supply oxygen and other industrial gases to Shanghai Huayi, one of the largest chemical companies in China, at its new complex in Qinzhou, China. The complex will manufacture methanol, acetic acid and other chemicals. Praxair will build, own and operate three air separation units that will supply up to 7,500 tons per day (TPD) of oxygen and 5,000 TPD of nitrogen to the site. The new plants will start up i...
DANBURY, Conn.--(BUSINESS WIRE)-- (NYSE:PX) has been recognized by Forbes magazine as one of the World’s Best Employers for 2018. The company ranked first in the Specialized Chemicals category and placed in the Top 100 overall. “Our global work force is our most valuable asset as they serve our customers and the communities in which we operate,” said David Strauss, vice president and chief human resources officer for Praxair. "This recognition is particularly meaningful as it is based upon feedback gathered from our employee...
TJX currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 24.0x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to improve from 15% in 2018 to 17% in 2023, accompanied by 4% Uniform Asset growth going forward. Analysts have similar expectations, projecting Uniform ROA to improve to 16% through 2020, accompanied by 4% Uniform Asset growth. However, management has concern about volatility in the U.K. market, their ability t...
Moody's Investors Service said today that Praxair Inc.'s announced clearance from the US Federal Trade Commission ("FTC") to complete its proposed merger with German industrial gas company Linde. For more information, please refer to the Issuer Comment posted to moodys.com. ...
We’re raising our fair value estimate for wide-moat industrial gas firm Praxair to $167 per share from $157 after the company received approval from the U.S. Federal Trade Commission to close its merger with Linde. This increase reflects the time value of money since our previous update as well as revised assumptions regarding the impact of the merger, now that the last regulatory hurdle has been cleared and we have a clearer picture of what the combined entity will look like. Praxair and Lin...
Praxair remains well positioned to execute its sharply honed business model to generate strong returns in the stable and profitable industrial gas industry. Although industrial gases represent a small portion of a customer's cost structure, a reliable gas supply is vitally important in many production processes. Major customers are willing to enter long-term supply contracts (10-20 years) that index the main input costs (electricity and natural gas) for inflation, generating a predictable income...
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