Air Products and Chemicals, Inc., a world-leading Industrial Gases company, has been through a whirlwind of activities in the business world.
Honeywell International announced plans to take over
Air Products' Liquefied Natural Gas Business in an enduring developmental spurt.
Air Products [APD] has seen a considerable rise in stock value, up 21% in six months, driven by several in-house and external causes, such as strategies tailored towards clean hydrogen production. Major investment firm
Marshall Wace LLP has an $11.71 million stake in the company while MBB Public Markets I LLC is increasing their stake, demonstrating impressive financial credibility. Affirming this, a particular insider also increased their stake within the previous year. Air Products [APD] appears in a sturdy fiscal ground, shown through its Q3 earnings beating estimates. In conjunction with its remarkable financial performance, the company has embarked on strategic growth plans including the expansion of its Membrane Solutions Manufacturing & Logistics Center. They've also signed a Power Purchase Agreement with Tatung Forever Energy for Solar Electricity in Taiwan. Notably, APD's recent appointment of new vice president of Investor Relations, Eric Guter, suggests further improvement of its communication with investors and analysts that might bolster investor confidence.
Air Products Chemicals APD News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Sun, 29 Sep 2024 08:42:39 GMT -
