Peter Mccausland

Peter Mccausland News

  • Airgas Earnings May Miss Guidance as Sales Unchanged

    Airgas Inc., the largest U.S. distributor of packaged gases, said it may miss earnings guidance for its fiscal fourth-quarter ending March 31 after “organic” sales growth was flat through February.

  • Airgas Founder to Step Aside as CEO to Focus on M&A

    Airgas Inc. founder Peter McCausland, who built the company into the largest U.S. distributor of industrial gases through almost 450 acquisitions, will be replaced as chief executive officer by Michael L. Molinini.

  • Airgas CEO Says He’s Interested in Buying Taiyo Nippon Unit

    Airgas Inc., the largest U.S. distributor of industrial gases, said it’s interested in acquiring the U.S. operations of Taiyo Nippon Sanso Corp. as part of a decades-long trend of consolidating the industry.

  • Airgas Says Acquisitions May Add $150 Million to Sales

    Airgas Inc. , the largest U.S. distributor of industrial gases, said acquisitions may add $150 million to sales this year as the number of potential targets increases.

  • Ally, Airgas, BGC, Wells Fargo, Apple in Court News

    Ohio sued Ally Financial Inc., claiming the lender used fraudulent practices in foreclosing on home mortgages, Richard Cordray, the state’s attorney general, said.

  • Bank of America, Airgas, Microsoft, 3M in Court News

    Bank of America Corp. , the biggest U.S. bank by assets and deposits, delayed foreclosures after a federal regulator called for a review because lenders may have submitted defective documents when repossessing homes.

  • U.S. Economy Grew 3.1% Last Quarter, More Than Forecast

    The U.S. economy grew at a 3.1 percent annual rate in the third quarter, more than previously reported, reflecting the first gain in state and local government spending in three years, more consumer purchases and a smaller trade gap.

  • Airgas Offers Investors June Vote as It Fends Off Hostile Air Products Bid

    Airgas Inc. , the packaged-gas maker fighting a $5.4 billion hostile takeover bid, promised shareholders a chance to replace most of the board by June if they don’t force the company to hold such a vote in January.

  • Airgas Wins Meeting-Date Ruling in Bid to Thwart Air Products; Shares Drop

    Airgas Inc . won an appeals court ruling that may derail a $5.5 billion hostile takeover bid from Air Products & Chemicals Inc. , which has been pursuing the industrial-gas company for more than a year.

  • Exxon, Buffett Stir Takeover Pot, for Good or Bad: David Pauly

    Wall Street’s mergers and acquisitions machine is recovering from its recession doldrums, raising the old question of whether the takeovers investment banks foster do anything more than make companies bigger and harder to manage. Schlumberger Ltd. this week said it would buy oil-field services rival Smith International Inc. for about $11 billion and, according to Bloomberg News, Thermo Fisher Scientific Inc . is offering about $6 billion for Millipore Corp., adding biotechnology customers to its market for laboratory equipment.

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