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Air Products & Chemicals Inc. - APD STOCK NEWS

Welcome to our dedicated news page for Air Products & Chemicals (Ticker: APD), a resource for investors and traders seeking the latest updates and insights on Air Products & Chemicals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Air Products & Chemicals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Air Products & Chemicals's position in the market.

News
Air Products Reports Fiscal 2024 First Quarter GAAP EPS of $2.73 and Adjusted EPS of $2.82
Rhea-AI Summary
Air Products (APD) reported first quarter fiscal 2024 results, including GAAP EPS of $2.73, up six percent from the prior year. GAAP net income of $622 million was up six percent over the prior year due to higher equity affiliates' income, higher pricing, and higher volumes, partially offset by higher costs. The company also increased its quarterly dividend to $1.77 per share in January, marking the 42nd consecutive year of increases. Additionally, Air Products updated fiscal 2024 full-year adjusted EPS guidance to $12.20 to $12.50, up six to nine percent over the prior year adjusted EPS, and fiscal 2024 second quarter adjusted EPS guidance to $2.60 to $2.75. The company continues to expect fiscal year 2024 capital expenditures of $5.0 billion to $5.5 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.55%
Tags
earnings
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News
Air Products to Highlight its Latest Innovations in Cryogenic Freezing at the International Production & Processing Expo
Rhea-AI Summary
Air Products (NYSE:APD) will showcase its latest innovations in cryogenic freezing at the International Production & Processing Expo (IPPE) at the Georgia World Congress Center in Atlanta, Georgia. The featured technologies include Freshline® Smart Technology, Freshline® IQF+ Tunnel Freezer, and the Freshline® Bottom Injection Cooling System. These innovations aim to optimize food manufacturing processes, maximize efficiency, productivity, and sustainability. Attendees are encouraged to visit Air Products' booth #C15151 to learn more from knowledgeable food specialists.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
none
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News
Air Products Wins Both Overall Community Care Award and Dual Carbon Contribution Award in China
Rhea-AI Summary
Air Products (NYSE: APD) was honored at the 13th China Philanthropy Festival and 2023 ESG Summit, winning the Overall Community Care Award and the Dual Carbon Contribution Award for its exceptional social impact and commitment to China's green and low-carbon development. The company has been recognized for nine consecutive years at this event and is making significant investments in clean energy projects, including China's first commercial-scale liquid hydrogen production facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
none
News
Air Products Increases Quarterly Dividend to $1.77 Per Share
Rhea-AI Summary
Air Products (APD) has announced the 42nd consecutive year of quarterly dividend increases on its common stock, raising the dividend to $1.77 per share. The dividend is payable on May 13, 2024, to shareholders of record at the close of business on April 1, 2024. The company's Chairman, President, and CEO, Seifi Ghasemi, emphasized the commitment to returning cash to shareholders while investing in growth opportunities, with an expected return of approximately $1.6 billion to shareholders in 2024. This is part of the company's strategy to maintain a balanced approach to capital allocation to meet its capital needs while maintaining its A/A2 ratings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
dividends
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News
Air Products to Showcase Decarbonization Solutions at POWERGEN International in New Orleans, Louisiana
Rhea-AI Summary
Air Products (NYSE:APD) will showcase its expertise in providing industrial gases, particularly hydrogen, to help the power industry achieve decarbonization goals at POWERGEN International. With over 80 years of experience and a commitment of $15 billion to clean energy projects, Air Products aims to accelerate the energy transition and build a low- and zero-carbon hydrogen economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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none
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News
Air Products to Broadcast Fiscal First Quarter Earnings Teleconference on February 5, 2024
Rhea-AI Summary
Air Products (APD) to Release Fiscal 2024 First Quarter Financial Results on February 5, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
earnings
News
Air Products Membrane Solutions Announces Membrane-Based Nitrogen Generation System Milestone with 2,000th Seagoing Vessel
Rhea-AI Summary
Air Products (NYSE: APD) has achieved a significant milestone with 2,000 seagoing vessels worldwide now utilizing membrane-based nitrogen generation systems from Air Products Membrane Solutions. This technology enables ships to switch to cleaner alternative fuels, reducing emissions during the transport of goods. The company's innovative membrane systems are designed and manufactured at Air Products' facility in Norway, and they have experienced significant growth in recent years, serving a variety of industries and applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
none
-
News
Generating a Cleaner Future with Hydrogen: Air Products' Chief Operating Officer, Dr. Samir J. Serhan, to Deliver Keynote Address at Hydrogen Transition Summit During COP28 in Dubai
Rhea-AI Summary
Air Products (NYSE:APD) will focus on hydrogen's essential role in decarbonizing heavy-duty transportation and industrial sectors as the headline sponsor of the Hydrogen Transition Summit (HTS) and a supporting partner of the Sustainable Innovation Forum (SIF) at COP28. The company's Chief Operating Officer, Dr. Samir J. Serhan, will deliver the keynote address and participate in a fireside chat on the topic of 'Generating a Cleaner Future with Hydrogen'. Air Products is executing several of the largest low- and zero-carbon hydrogen plants in the world under its industry-leading $15-billion-dollar commitment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
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none
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News
Jessica T. Graziano Elected to Air Products' Board of Directors
Rhea-AI Summary
Air Products (NYSE:APD) has elected Jessica T. Graziano, a seasoned financial executive, to its Board of Directors. Graziano's extensive experience in financial leadership positions, including as CFO of United States Steel Corporation and United Rentals, Inc., will bring valuable expertise to the company's strategic initiatives, particularly in driving the core industrial gas business and executing clean hydrogen megaprojects globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
Tags
management
News
Air Products Declares Quarterly Dividend
Rhea-AI Summary
Air Products (NYSE:APD) Declares $1.75 Quarterly Dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
Tags
dividends
Stock APD logo
Air Products & Chemicals Inc.

NYSE:APD

APD Rankings

#230 Ranked by Market Cap
#1252 Ranked by Stock Gains
#1129 Ranked by Dividends

APD Stock Data

50.63B
221.33M
0.32%
85.98%
1.03%
Industrial Gas Manufacturing
Manufacturing
Link
US
Allentown

About APD

air products touches the lives of consumers around the globe in positive ways every day. with more than 20,000 employees and operations in over 50 countries, we serve customers across a wide range of industries from food and beverage, health and personal care to energy, transportation and semiconductors. we supply a unique portfolio of atmospheric gases, process and specialty gases, performance materials, equipment and services. founded in 1940, air products has built a reputation for its innovative culture, operational excellence and commitment to safety and the environment. our aim is to develop lasting relationships with our customers and communities based on human qualities: understanding their needs, doing business with integrity and honesty, and demonstrating a passion for exceeding expectations. for more information, visit http://www.airproducts.com.