GTLS News and Press, Chart Industries Inc. From 11/14/22

Chart Industries ( NYSE: GTLS ) -8.6% in Monday's trading after Wells Fargo downgraded shares to Equal Weight from Overweight with a $148 price target, slashed from $248, which reflects a 50% cut in the firm's forecast for the FY 2024 EBITDA multiple to 9x on an altered grow...

ATLANTA, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. will hold a conference call to provide supplemental information regarding the acquisition of Howden on November 14, 2022 at 8:30 a.m. ET. A slide presentation will be released prior to the call. Conference Call ...

Summary The business is set to break out into a growth phase. The carbon dioxide business appears ready to recover to historical profitability levels. Natural gas takeaway capacity appears set to grow. Company entrance into the California renewables market gives the compan...

The Industrial Select Sector SPDR ( XLI ) finished the week ending Nov. 11 in the green ( +4.69% ) for the fourth week in a row, with all 11 S&P 500 ( SP500 ) sectors gaining as well this week. Earnings played kingmaker for GXO Logistics which lead industrial gainer...

Summary Chart Industries' acquisition of Howden is proportionately larger than others made for the size of the company. The financing departs from the usual company strategy. Generally, loading up a company with preferred stock and debt allows less leeway for unforeseen compli...

Summary In today's issue of the 1-Minute Market Report, I examine the market bounce since the October low, and highlight the areas of the market that are leading the way higher. On Thursday, for every stock that was down, there were 26 that were up. For the first time since August...

Summary Chart Industries has been an LNG and energy transition play. On the back of very strong bookings, shares have recently risen to fresh highs. Shares have plunged, however, after a multi-billion deal which raises some questions. The extent of the share price decline ...

In one of the hottest days for stocks in years, shares of Trex (NYSE: TREX) and Generac Holdings (NYSE: GNRC) surged even higher than the market. The S&P 500 is up almost 5% at 3:14 p.m. ET today, while Trex and Generac shares are up 11% and 12%, respectively. Yet wh...

Summary Fisher’s 13F portfolio value decreased from ~$141B to ~$133B in Q3 2022. They added Charles Schwab and increased Nvidia, Morgan Stanley, and Goldman Sachs while decreasing Salesforce, Visa, Alibaba Group Holdings, Novartis, Verizon, and Tencent Holdings. The top...

Chart Industries (NYSE: GTLS) just went shopping, and investors aren't happy with the purchase. The manufacturer of equipment for the energy industry and industrial gas markets announced this morning that it has signed a definitive agreement to acquire Howden , a global provider...