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Praxair Narrows Full-year Earnings Outlook
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DANBURY, Conn. (AP) — Industrial gas maker Praxair Inc. on Wednesday narrowed its full-year earnings guidance and cut its sales forecast, citing weaker demand in the difficult economy.
The company said it now expects a 2009 profit between $3.85 and $4.15 per share. It expects sales of about $9 billion.
Previously, the company forecast a profit of $3.80 per share to $4.20 per share and sales of $9.5 billion to $10 billion. ...
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