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Activist investor Mantle Ridge has a $1 billion-plus stake in industrial gas supplier Air Products and Chemicals , according to a person familiar with the matter. The activist investor also wants to push the company on succession planning for Seifi Ghasemi, Air Products' 80-year-old CEO, the person said. Air Products is badly underperforming the S&P 500 for a second straight year. Air Products has a market cap of about $63 billion as of Friday's close. Air Products supplies chemicals and gases primarily to industrial customers, but has in recent years diversified into other businesses.
Persons: Seifi Ghasemi, Mantle, Paul Hilal, Seifi, Samir Serhan, Ghasemi, Warren Buffett, Berkshire Hathaway, Ken Squire Organizations: Air Products, Oiltanking, Chemicals, Products, Berkshire, CSX
Several executives committed their own, personal money to buying their company's stock this week. CNBC Pro screened for the five U.S. companies with the biggest insider buying activity over the past week, using data from VerityData. Intel — Director Lip-Bu Tan purchased 66,000 shares at an average price of $37.84 for a total of $2.5 million. Opko Health — CEO Phillip Frost bought 1 million shares at $1.27 apiece in a "high IQ" buy for a total of $1.27 million. Another notable insider purchase this week came from SolarEdge Technologies ' director Avery Moore, who bought about 15,000 shares at an average price of $70.96 for a total of $1.09 million.
Persons: Seifi Ghasemi, Tan, Kristina Burow, Phillip Frost, Orlando Carvalho, Frost, Opko, Carvalho, FactSet, Avery Moore, SolarEdge Organizations: CNBC Pro, Air Products, Chemicals, Intel, Therapeutics, Health, Mercury Systems, SolarEdge Technologies
Iranian archer says she did not notice headscarf falling off
  + stars: | 2022-11-12 | by ( ) www.reuters.com   time to read: +2 min
DUBAI, Nov 12 (Reuters) - An Iranian archer has said she did not notice her hijab falling from her head during an awards ceremony in Tehran, after a video appeared to show her allowing the headscarf to drop in what was widely assumed to be a show of support for nationwide protests. In a video posted on Instagram, Parmida Ghasemi said she had not noticed the hijab falling "due to wind and a lot of stress". I wanted to apologise to the people, officials and my teammates,” she said, wearing a headscarf in the video. Last month, Iranian climber Elnaz Rekabi caused controversy by competing in an international competition without a headscarf, later saying she had done so unintentionally and apologising. Iran's deputy sports minister, Maryam Kazemipour, said on Wednesday some Iranian female athletes have acted against Islamic norms and then apologised for their actions.
CNN —Iranian archer Parmida Ghasemi demonstrated her support for anti-government protests by removing her hijab during an awards ceremony in Tehran, a video shared to social media on Thursday shows. In the video, Ghasemi lets her headscarf fall off as she stands on a podium along with other athletes. One girl standing next to her attempts to put it back on, but Parmida lets it hang off. Last month, Iranian climber Elnaz Rekabi competed in South Korea without her mandatory hijab on, later saying it had fallen off accidentally. “Iranian women proved that the Islamic hijab does not create any restrictions for them,” Kazemipour added.
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