Management Changes, Conference Call Schedules, Acquisitions, Price Increases, and Project Updates - Analyst Notes on Weatherford, Ultra, PPG Industries, Praxair and Enterprise
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 10, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Weatherford International Ltd. (NYSE: WFT), Ultra Petroleum Corp. (NYSE: UPL), PPG Industries Inc. (NYSE: PPG), Praxair Inc. (NYSE: PX) and Enterprise Products Partners LP (NYSE: EPD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4624-100free.
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Weatherford International Ltd. Analyst Notes
On July 1, 2014, Weatherford International Ltd. (Weatherford) announced that the Company has appointed Dianne B. Ralston as Executive Vice President, General Counsel and Corporate Secretary, reporting directly to Weatherford's Chairman, President and CEO, Bernard J. Duroc-Danner. According to the Company, Ms. Ralston in her new role will oversee the Company's merged legal and compliance departments. Weatherford informed that with the resolution of Weatherford's legacy issues, this consolidation is a natural step forward in corporate governance. The Company also announced that William B. Jacobson, Senior Vice President, Co-General Counsel and Chief Compliance Officer, will be stepping down from his position and resign after serving the Company for 5 years. The Company added that, effective July 31, 2014, Alejandro Cestero, Vice President, Co-General Counsel and Corporate Secretary of Weatherford, will also be leaving the Company to pursue other opportunities. The full analyst notes on Weatherford are available to download free of charge at:
http://www.analystsreview.com/Jul-10-2014/WFT/report.pdf
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Ultra Petroleum Corp. Analyst Notes
On July 7, 2014, Ultra Petroleum Corp. (Ultra) announced that it will conduct a webcast to discuss its Q2 2014 financial and operating results on July 31, 2014 at 11:00 a.m. EDT. Ultra informed that the live webcast and its archive will be available on the Company website. The full analyst notes on Ultra are available to download free of charge at:
http://www.analystsreview.com/Jul-10-2014/UPL/report.pdf
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PPG Industries Inc. Analyst Notes
On July 2, 2014, PPG Industries Inc. (PPG Industries) announced that the Company's North American architectural coatings business has completed its acquisition of The Homax Group, Inc. (Homax) from Olympus Partners. According to the Company, Homax is the industry's leading supplier of decorative aerosol drywall and ceiling texture application products used primarily for home repair which are sold through major home improvement centres, hardware stores, and paint suppliers. PPG Industries stated that financial terms of the acquisition were not disclosed. The full analyst notes on PPG Industries are available to download free of charge at:
http://www.analystsreview.com/Jul-10-2014/PPG/report.pdf
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Praxair Inc. Analyst Notes
On July 1, 2014, Praxair Inc. (Praxair) announced following price increases, effective July 15, 2014, or as contracts permit: up to 15% for nitrogen, oxygen, hydrogen, helium, and carbon dioxide; up to 10% for facility fees or monthly bulk product charges and cylinder rental rates, as well as up to 10% on hardgoods. The Company stated that it has notified bulk and packaged industrial, medical, and specialty gas customers throughout the United States, Canada, and Puerto Rico of the said price adjustments which will vary as permitted by individual supply contracts. According to the Company, these adjustments are required to offset continuing escalation of costs for production, distribution, feedstock sourcing and other operational factors. The full analyst notes on Praxair are available to download free of charge at:
http://www.analystsreview.com/Jul-10-2014/PX/report.pdf
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Enterprise Products Partners LP Analyst Notes
On July 3, 2014, Enterprise Products Partners LP (Enterprise) and Enbridge Inc. (Enbridge) reported that the 512-mile loop of the Seaway Pipeline system from Cushing, Oklahoma, to the Jones Creek storage and terminal facility in Freeport, Texas is mechanically complete. The Company informed that the new loop pipeline is expected to more than double the capacity of the Seaway system to 850,000 barrels per day (BPD). Enterprise mentioned that the system is owned by Seaway Crude Pipeline Company LLC, a 50/50 joint venture owned by both Enterprise and Enbridge affiliates. Enterprise informed that the construction of a 100-mile, 30-inch pipeline from ECHO to Beaumont/Port Arthur, Texas, is expected to be completed in July 2014. According to the Company, the commissioning of the Seaway Loop and the ECHO to Beaumont/Port Arthur pipeline will continue throughout Q3 2014. The full analyst notes on Enterprise are available to download free of charge at:
http://www.analystsreview.com/Jul-10-2014/EPD/report.pdf
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