Air Products and Chemicals, Inc. (APD), a company specializing in
industrial gases, is in the news for a variety of reasons. Financially, APD's earnings are expected to grow, attracting bullish investors, despite a recent
US$3.0b market cap decline. The company plans to announce its
quarterly earnings soon.
D.E. Shaw, a prominent investment firm, has expressed support for Mantle Ridge, pushing for
improvements at APD. Interestingly, Honeywell is planning to
acquire APD's Liquefied Natural Gas business. With this, the company has been showing a rise in its stock prices, linked to its
clean hydrogen future plans. APD is also making strides in the green energy sector with its green hydrogen deal with
TotalEnergies. The company is expected to dominate the surging hydrogen market, receiving funding for
large-scale hydrogen refuelling stations. However, not all news is positive, as it also faced a decrease in certain stock holdings.
Air Products Chemicals APD News Analytics from Mon, 05 Feb 2024 08:00:00 GMT to Sat, 02 Nov 2024 10:16:43 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -4
