APD: Unusual Options Activity And Charts Signal Bottom
My commentary on Air Products & Chemicals (APD) for TraderPlanet
Air Products & Chemicals (APD) is a $27 billion industrial gas supplier headquartered in Allentown, Pennsylvania. They hired Seifi Ghasemi to take on the chairman and CEO role this summer, following more than a decade in the same position at Rockwood Holdings (ROC). In September they announced the company will be reorganizing by geography instead of divisions by products. This could result in the company selling assets unless gross margins in the underperforming divisions improve…Click here to rest of the article.