Air Products and Chemicals (APD)

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Air Products signed on for hydrogen fueled buses for London APD signed a contract with Transport for London to supply hydrogen fuel build a dedicated fueling station for 10 hydrogen-powered buses. Wacker Chemie AG acquisition cleared Wacker Chemie AG's acquisition of Air Product's Chemical operations is cleared by regulatory authorities APD raises Guidance for FY2008 APD meets EPS estimates for FY2007, and raises guidance on FY2008 Jefferies Analyst downgrades APD Shares drop after a downgrade by Jefferies, citing downside risks to its electronics, chemicals and equipment businesses. Price target cut to $105 from $112. APD authorizies Share repurchase $1BN of share repurchases authorized by APD board.

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