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Market Wrap For February 13: Markets Close Higher; Nasdaq on a Six Day Winning Streak
Thursday, February 13, 2014 - 5:50pm | 2839U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...
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Jefferies Previews Air Products Q3
Tuesday, June 28, 2011 - 8:41am | 74“We expect Air Products (NYSE: APD) to report fiscal Q3 EPS of at least $1.47, up 15%,” Jefferies wrote in a report today. “Following its upbeat investor day, we expect the company to focus on providing more granular detail to demonstrate better momentum in the on-site/tonnage business as well as...
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Bank of America Merrill Lynch Maintains Buy on Air Products
Friday, June 10, 2011 - 8:50am | 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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Bank of America Provides Color on Air Products, Buy
Tuesday, June 7, 2011 - 8:52am | 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 Reports Air Products Dividend Bumps Higher
Friday, March 18, 2011 - 8:09am | 142In a report published by Jefferies, Air Products (NYSE: APD) dividend has bumped higher. Jefferies said that Air Products announced it has repurchased $350m of stock so far in Q2(Mar). “In addition the company raised its quarterly dividend 18% to $0.58, implying a 2.7% yield. We are maintaining...
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UPDATE: Jefferies Raises PT on Air Products to $111 (APD)
Wednesday, February 16, 2011 - 10:48am | 87Jefferies is out with its report today on Air Products (NYSE: APD), raising its PT from $105 to $111. In a note to clients, Jefferies writes, "With a recovery in industrial markets and rising energy prices likely to flow through to Air Products' backlog in 2011, and a proven ability to pass through...
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Air Products Withdraws Bid On Airgas, Oppenheimer Expects APD To Rise And ARG To Decline
Wednesday, February 16, 2011 - 10:20am | 114Oppenheimer has published a research report on Airgas, Inc. (NYSE: ARG) after Air Products (NYSE: APD) withdraws its bid on the company. In the report, Oppenheimer writes "Air Products withdrew its $70/share all-cash hostile offer for Airgas after the Delaware Chancery Court upheld its Stockholder...
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Jefferies Raises PT On Air Products To $111
Wednesday, February 16, 2011 - 8:21am | 27Jefferies & Company has raised the price target on Air Products (NYSE: APD) from $106 to $111 and maintains its Buy rating.
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Jefferies Raises EPS Estimates on Air Products (APD)
Monday, December 6, 2010 - 10:18am | 121Jefferies published its report today on Air Products (NYSE: APD) raising its EPS forecast. In a note to clients, Jefferies writes, "We have updated our earnings bridge (Chart 1) to better reflect 1/ new on site projects which we estimate could add as much as $1.35 (26%) to earnings power by 2013E;...
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Jefferies Increases Price Target on Air Products (APD)
Monday, December 6, 2010 - 9:13am | 20Jefferies increases its price target on Air Products (NYSE: APD) from $96 to $105.