Air Products and Chemicals, Inc. (APD)
ESG-Driven Green Hydrogen Risk At The Center Of Air Products Dispute
A growing controversy over the ESG-driven capital allocation strategies of industrial gas provider Air Products illustrates the sorts of challenges so many American companies face related to the energy transition. Management at Air Products has come under fire from major investors in recent weeks due largely to the heavy, high-risk investments it has made in green hydrogen, which is classified as hydrogen manufactured in an electrolysis process using zero-carbon power generation sources only.
D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
Both activists want to address CEO succession planning and capital allocation at the company.
Will Air Products and Chemicals (APD) Beat Estimates Again in Its Next Earnings Report?
Air Products and Chemicals (APD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Hedge fund D.E. Shaw nominates three directors at Air Products, has $1 billion stake
Multi-strategy hedge fund D.E. Shaw nominated three directors to Air Products and Chemical's board, and is pushing for the company to return to historically successful business practices.
Faber Report: D.E. Shaw gets active in Air Products
CNBC's David Faber delivers his latest Faber Report.
Air Products and Chemicals (APD) Soars 9.5%: Is Further Upside Left in the Stock?
Air Products and Chemicals (APD) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
APD Stock Climbs as Activist Investor Takes Significant Stake
Air Products & Chemicals (APD, Financial) shares surged by 7.93% recently following the news of a significant activist investment. Mantle Ridge, an investment firm, has acquired over $1 billion in shares and plans to advocate for strategic changes at the company.
Why Air Products & Chemicals Is Floating Higher Today
An activist investor has taken a stake in the industrial gases company.
One Billion Stake By Mantle Ridge For The Betterment of Air Products
Mantle Ridge hedge fund has recently stepped into the industrial gas space by purchasing $1 billion of Air Products (APD, Financial) shares. Mantle Ridge is known as an activist investor that actively involves not just sitting back and watching.
Air Products Stock Is Top Performer in S&P 500. Here's Why.
Shares of the industrial gas seller are rising after a media report says an activist investor has built a stake of more than a $1 billion in the company.
Activist Mantle Ridge Has Over $1 Billion Stake in Air Products
Mantle Ridge, run by Paul Hilal, plans to push executives at the industrial gas manufacturer on succession planning for Chief Executive Seifi Ghasemi and for improvements to the company's strategy and capital allocation, according to people familiar with the matter.
Air Products Stocks Hit 52-Week High: What's Driving the Rise?
APD stock gains on its investments in high-return industrial gas projects and productivity and cost improvement actions.
