RADNOR, PA – May 19, 2009 -- Airgas, Inc. (NYSE: ARG) today announced that the Board of Directors increased the quarterly cash dividend on the company’s common stock to $0.18 per share from $0.16. The dividend will be payable June 30, 2009 to shareholders of record as of June 15, 2009.
Click here to read the full press release
Wednesday, May 20, 2009
2009 Interactive
Check out the 2009 Specialty Gas Interactive Catalog available for download now. With over 200 product specifications, the interactive catalog contains everything included in the print-version of the catalog plus more! It also has specific products for Nanotech, EPA, Life Sciences, Lasers and others.
Click here to view the 2009 Specialty Gas Interactive Catalog
Click here to view the 2009 Specialty Gas Interactive Catalog
Brady Product Promotion
Buy a HandiMark® Portable Label Maker or the GlobalMark® Printer and Get FREE Cartridges
To receive your FREE CARTRIDGES go to www.airgas.com/brady and complete the attached form and fax to 888-628-4444. Offer valid on purchases made from March 16, 2009 - October 30, 2009
Click here to view details on this promotion
To receive your FREE CARTRIDGES go to www.airgas.com/brady and complete the attached form and fax to 888-628-4444. Offer valid on purchases made from March 16, 2009 - October 30, 2009
Click here to view details on this promotion
Friday, May 15, 2009
Economists Downgrade U.S. Recovery Outlook in Survey; Airgas CEO Peter McCausland Quoted
May 12 (Bloomberg) -- Economists downgraded their projections for a recovery from the deepest U.S. recession in half a century, now seeing the jobless rate exceeding 8 percent through 2011, a Bloomberg News survey showed.
Unemployment will average 8.5 percent in 2011 after a 9.6 percent rate next year, higher than previously expected, according to the median forecast in the survey taken from May 4 to May 11. The economy may expand 2.8 percent in 2011, less than estimated last month, after a 1.9 percent rise in 2010.
Click here to read the full article
Unemployment will average 8.5 percent in 2011 after a 9.6 percent rate next year, higher than previously expected, according to the median forecast in the survey taken from May 4 to May 11. The economy may expand 2.8 percent in 2011, less than estimated last month, after a 1.9 percent rise in 2010.
Click here to read the full article
Soleil Securities Maintains a 'Buy' on Airgas (ARG); Raises Price Target & 2010 Estimates
Soleil Securities maintains a 'Buy' on Airgas (NYSE: ARG), raises price target from $45 to $50.
Soleil analyst says, "Tweaking F10E to $2.90 from $2.89 on lower interest expense and introducing F11E$3.49. Increasing price target to $50 from $45."
Click here to read the full analysis
Soleil analyst says, "Tweaking F10E to $2.90 from $2.89 on lower interest expense and introducing F11E$3.49. Increasing price target to $50 from $45."
Click here to read the full analysis
Real Rate Shock Hits CEOs as Borrowing Costs Impede Recovery; Airgas CEO Peter McCausland Quoted
By Bryan Keogh
May 13 (Bloomberg) -- The highest inflation-adjusted borrowing costs since the 1980s are hindering U.S. companies’ ability to build their businesses.
Customers of Airgas Inc. are reducing purchases of industrial gases such as nitrogen and acetylene because of rising real interest rates, said Chief Executive Officer Peter McCausland. Real rates account for inflation or deflation.
“There is no question” high real rates have aggravated Airgas’s sales decline, he said in an interview.
Click here for the full article
May 13 (Bloomberg) -- The highest inflation-adjusted borrowing costs since the 1980s are hindering U.S. companies’ ability to build their businesses.
Customers of Airgas Inc. are reducing purchases of industrial gases such as nitrogen and acetylene because of rising real interest rates, said Chief Executive Officer Peter McCausland. Real rates account for inflation or deflation.
“There is no question” high real rates have aggravated Airgas’s sales decline, he said in an interview.
Click here for the full article
Wednesday, May 13, 2009
Optimist safety fest on Saturday
The Optimist Club of Madison will host its 11th annual Safety Optimist Style Festival Saturday from 10 a.m. to 1 p.m. at Kid's Kingdom in Dublin Memorial Park.
The free event will feature entertainment, inflatables, prizes and refreshments. It will also have a child safety seat installation and check station for parents and other adults who transport young children.
Many local law enforcement officials, emergency and rescue organizations, public officials, civic groups, nonprofit organizations, animal welfare groups, and local businesses will take part in SOS.
Click here to view the aritcle
The free event will feature entertainment, inflatables, prizes and refreshments. It will also have a child safety seat installation and check station for parents and other adults who transport young children.
Many local law enforcement officials, emergency and rescue organizations, public officials, civic groups, nonprofit organizations, animal welfare groups, and local businesses will take part in SOS.
Click here to view the aritcle
Tuesday, May 12, 2009
Three Earn National Scholarships From American Welding Society
Three Pennsylvania College of Technology students were awarded national scholarships for the 2009-10 academic year from the American Welding Society Foundation.
Bradley W. Feight, a welding and fabrication engineering technology student from Breezewood, received the Airgas-Jerry Baker Scholarship, a $2,500 award given to a full-time undergraduate student pursuing a minimum four-year degree in welding engineering or welding engineering technology.
The scholarship honors Baker, director of corporate development for Airgas Mid America, who continues to show passion for the distribution business and has earned the respect of colleagues and customers.
Click here to view the article
Bradley W. Feight, a welding and fabrication engineering technology student from Breezewood, received the Airgas-Jerry Baker Scholarship, a $2,500 award given to a full-time undergraduate student pursuing a minimum four-year degree in welding engineering or welding engineering technology.
The scholarship honors Baker, director of corporate development for Airgas Mid America, who continues to show passion for the distribution business and has earned the respect of colleagues and customers.
Click here to view the article
Airgas CEO Peter McCausland on CNBC's "Mad Money"
Airgas CEO Peter McCausland discusses his company's outlook with Cramer on "Mad Money," Wednesday, May 6th, 2009.
Click here to watch the video
Click here to watch the video
Wednesday, May 6, 2009
Airgas Reports Fourth Quarter EPS of $0.68 and Fiscal 2009 EPS of $3.12
RADNOR, PA – May 5, 2009 -- Airgas, Inc. (NYSE: ARG), the largest U.S. distributor of industrial, medical, and specialty gases, and welding, safety, and related products, today reported solid performance in earnings and cash flow, relative to the weak sales environment, for its fourth quarter ended March 31, 2009.
Quarterly earnings declined 11% to $0.68 per diluted share, compared to $0.76 per diluted share in the prior year. Fourth quarter sales were $1.0 billion compared to $1.1 billion in the prior year, a decline of 9%. Total same-store sales declined 13% in the quarter, with hardgoods down 20% and gas and rent down 8%. Acquisitions contributed 4% sales growth in the quarter.
Click here for the full press release
Quarterly earnings declined 11% to $0.68 per diluted share, compared to $0.76 per diluted share in the prior year. Fourth quarter sales were $1.0 billion compared to $1.1 billion in the prior year, a decline of 9%. Total same-store sales declined 13% in the quarter, with hardgoods down 20% and gas and rent down 8%. Acquisitions contributed 4% sales growth in the quarter.
Click here for the full press release
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