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Search resuls for: "Air Product's"


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Shaw revealed on Thursday it had amassed a roughly $1 billion stake in industrial gas giant Air Products and Chemicals, the second activist stake at the $71 billion company. Shaw, is seeking a clear succession plan for Air Product's CEO, 80-year-old Seifi Ghasemi. Shaw also took aim at how Air Products has structured some of its largest deals. Shaw said in its presentation to Air Products' board that the company has begun significant hydrogen projects costing many billions of dollars, without any guaranteed cash flow. Air Products declined to comment on either activist engagement.
Persons: Shaw, Paul Hilal's, Mantle, Ghasemi, Scott Sutton, Olin, D.E, Hilal's, Linde Organizations: Air Products, Chemicals, Air Product's, D.E, Products
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. If you don't own DuPont stock, Jim Cramer said current prices are a good entry point. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Jerome Powell, we're, Jim, it's, Jim Cramer's Organizations: CNBC, Nasdaq, Federal, Honeywell International, Air, Honeywell, DuPont, Big Tech, NVDA
"It was a very bad quarter," Cramer said, pointing to Air Product's weak forward guidance compared to rival Linde's (LIN) overall upbeat results last month. On Oct. 26, Linde posted 17% adjusted earnings-per-share growth and a lift to its profit guidance. We'll have to see at the close whether Linde shares can turn things around and go for eight. However, he added, "Air Products is proving that not to be the case." Cramer's Charitable Trust does not hold shares of Air Products but does have a stake in Linde.
Persons: Cramer, Jim Cramer's, CNBC's Jim Cramer, Linde, We'll Organizations: Air Products, Chemicals, Products Locations: Linde
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