Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Air Products and Chemicals, Inc. and its officers or directors [1] Group 1: Company Developments - On December 8, 2025, Air Products announced advanced negotiations with Yara International to combine its industrial gas capabilities and low-emission hydrogen production with Yara's ammonia production, shipping, and terminals, focusing on European demand [3] - Following the announcement, Air Products' stock price decreased by $24.64 per share, or 9.45%, closing at $236.05 per share on the same day [3] Group 2: Legal Investigation - Pomerantz LLP is representing investors of Air Products in an investigation regarding possible securities fraud or other unlawful business practices [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the class action [2]

Group 1 - The Schall Law Firm is investigating claims on behalf of investors of Air Products and Chemicals, Inc. for potential violations of securities laws [1] - The investigation centers on whether Air Products made false or misleading statements or failed to disclose important information to investors [2] - Following the announcement of negotiations with Yara International to combine industrial gas capabilities, Air Products' shares dropped by 9.45% on December 8, 2025 [2]

Core Viewpoint - Air Products and Chemicals, Inc. (NYSE:APD) is highlighted as a strong investment opportunity in the hydrogen sector, despite a recent stock decline following a partnership update with Yara [1][2]. Group 1: Partnership and Investment Details - Bernstein SocGen Group reiterated an Outperform rating on Air Products, maintaining a price target of $320, citing the partnership with Yara for large-scale, low-emission ammonia projects in the US and Saudi Arabia [1][2]. - The collaboration is expected to enhance long-term demand for both blue and green hydrogen, addressing investor concerns regarding hydrogen demand [2]. - Yara is considering a potential investment of $2-2.25 billion in ammonia production, storage, and shipping assets, which would cover approximately 25% of the Darrow project cost [2]. Group 2: Market Outlook and Growth Potential - The de-risking of projects through this partnership is seen as a significant factor supporting future stock growth, alongside long-term growth potential in industrial gases and favorable market conditions [3]. - Air Products is recognized as a leading player in the industrial gases sector, developing and operating some of the largest clean hydrogen projects globally [3].

Core Viewpoint - The article discusses the 11 most oversold S&P 500 stocks as of late 2025, highlighting the potential investment opportunities in these stocks as the market approaches record highs [1][3]. Investment Insights - Tom Sosnoff, CEO of LossDog, advises retail investors to focus on buying oversold and cheap stocks instead of chasing hyped companies, indicating a cautious market outlook [1][2]. - David Katz, Chief Investment Officer at Matrix Asset Advisors, supports the idea of investing in oversold businesses and believes the market correction is nearing its end [3]. Stock Analysis Methodology - The analysis identifies stocks with a Relative Strength Index (RSI) below 40 and a share price decline of at least 20% from their 52-week high, using data as of December 9 [7]. - The article ranks 11 stocks based on the largest declines in share price and includes hedge fund holdings data from Q3 2025 to gauge investor interest [7][8]. Individual Stock Highlights - **Air Products and Chemicals, Inc. (NYSE:APD)**: - Share price decline of 32.36% with an RSI of 28.07 and 51 hedge fund holders [10]. - Analysts have lowered price targets, with Argus Research reducing it to $265 from $317, citing macroeconomic headwinds but expecting improvements in EBITDA and revenue in 2026 [11]. - UBS downgraded the stock to Neutral, cutting the price target to $250, while Deutsche Bank also lowered its target to $255 but maintained a Hold rating [12][13]. - **Verisk Analytics, Inc. (NASDAQ:VRSK)**: - Share price decline of 33.10% with an RSI of 38.81 and 55 hedge fund holders [15]. - Analysts have a consensus Moderate Buy rating, with a one-year average price target of $251.29, indicating a 17% upside [15]. - The company faced a revenue miss due to fewer severe weather events, leading to a trimmed annual revenue forecast [17][18]. - Verisk announced an expansion of its partnership with KYND to enhance cyber resilience for the insurance market [19].

Core Viewpoint - The article revisits Air Products and Chemicals (NYSE: APD) following the release of its Q3 results for fiscal fourth quarter 2025 and highlights advanced negotiations for potential partnerships [1]. Financial Performance - The Q3 results indicate significant financial metrics that warrant attention, although specific figures are not provided in the text [1]. Strategic Partnerships - The company is engaged in advanced negotiations for potential partnerships, which could enhance its market position and operational capabilities [1].

Core Viewpoint - Air Products and Chemicals (NYSE: APD) is being revisited following the release of its Q3 results, which represent the company's fiscal fourth quarter of 2025, and the announcement of advanced negotiations for potential partnerships [1] Financial Performance - The article discusses the recent Q3 results of Air Products and Chemicals, indicating a focus on the company's financial performance during this period [1] Strategic Partnerships - The company is engaged in advanced negotiations for potential partnerships, which may indicate a strategic move to enhance its market position and operational capabilities [1]

Core Insights - Air Products & Chemicals (APD) experienced a significant stock decline of nearly 25% within a year, dropping from approximately $315–$330 to around $236, surprising long-term investors [2] - The decline is attributed to a comprehensive strategic realignment in 2025, where the company exited several capital-intensive clean energy and hydrogen initiatives, incurring a $2.3 billion after-tax charge and reporting a GAAP net loss of about $1.7 billion for the fiscal second quarter of 2025 [4][5] Strategic Realignment - APD's management had previously invested heavily in clean energy and LNG projects to position the company as a leader in the energy transition, but these plans fell apart [4] - The company recorded an EPS of $2.69 for the same quarter, reflecting a decline of about 6% from the previous year, altering investor outlook from growth to recognizing misallocated funds [5] Operational Challenges - Revenues for fiscal 2025 remained around $12 billion, unchanged from previous years, indicating weak volume trends and macroeconomic pressures, particularly in Europe and Asia [6] - The sale of its LNG technology division further reduced the scale of operations, contributing to stagnation rather than expansion [6][7] Leadership Changes - A new CEO, Eduardo F. Menezes, took charge amid a proxy battle, raising concerns about the company's long-term trajectory during a critical phase of unwinding significant projects [8] - Investors are uncertain whether APD will continue pursuing energy-transition projects or revert to its traditional industrial-gas foundations, as recent write-downs indicate a shift in focus [9] Macro Economic Factors - Demand for industrial gas is closely linked to global manufacturing and energy activities, which underperformed in 2025, particularly in parts of Asia and Europe [10] - The helium market experienced weakened demand, and uncertainties in the energy and chemicals sector further dampened sentiment towards APD [10] Future Outlook - Despite the challenges, APD continues to generate substantial cash flows from its core operations, with a dividend yield between 2.7% and 2.9%, providing some stability [11] - The company's ability to restore margin growth and regain investor trust will be crucial for future expansion, as management's cautious approach may limit long-term growth prospects unless industrial-gas demand improves [12][13] - The recent 25% drop serves as a reminder that even stable industrial entities can falter when strategy, demand, and macroeconomic conditions change simultaneously [14]

Core Insights - Air Products and Chemicals Inc. (APD) and Yara International are in advanced negotiations to collaborate on large-scale low-emission ammonia projects, with a significant investment of $8–$9 billion for the Louisiana Clean Energy Complex, which aims to produce over 750 million standard cubic feet per day of low-carbon hydrogen while capturing around 95% of CO2 emissions [1][2] Project Details - Yara is set to acquire ammonia production, storage, and export assets, which will account for approximately 25% of the project cost, and will enter into a 25-year offtake agreement for about 80% of the hydrogen output, facilitating the production of up to 2.8 million tons of low-carbon ammonia annually [2][4] - The remaining hydrogen will be supplied to Air Products' customers via its U.S. Gulf Coast pipeline network [3] Future Developments - The final investment decisions for the U.S. project are expected by mid-2026, contingent on air permit issuance and contractual finalizations, marking a significant advancement towards commercially viable low-emission ammonia for fertilizers and clean energy applications [4] - The final marketing and distribution agreement for the NEOM Green Hydrogen Project in Saudi Arabia is anticipated in the first half of 2026, with Air Products as the sole offtaker and Yara potentially aiding in global marketing and distribution [3][4] Market Performance - Shares of Air Products (APD) have decreased by 18.6% year to date, contrasting with a 26.2% decline in the industry [6]

European Companies - BASF Group reported Q3 2025 sales of €15.23 billion (approximately $17.7 billion), down 3.2% year-on-year from €15.739 billion. Operating profit (EBIT) increased by 11.4% to €278 million, while net profit fell by 40% to €172 million [1] - LyondellBasell's Q3 2025 sales and other revenues were $7.727 billion, down from $8.604 billion year-on-year. The company reported a net loss of $890 million compared to a net profit of $573 million in the same period last year [2] - INEOS Group Holdings reported Q3 2025 revenue of €3.418 billion (approximately $3.97 billion), down from €4.273 billion year-on-year. Operating profit decreased to €113 million from €339 million, with a net loss of €56.5 million compared to a profit of €283 million last year [3] - Evonik Group's Q3 2025 sales were €3.391 billion (approximately $3.94 billion), down from €3.832 billion year-on-year. Adjusted EBITDA fell to €448 million from €577 million, with a net loss of €106 million compared to a net profit of €223 million [4] - Covestro reported Q3 2025 sales of €3.171 billion (approximately $3.68 billion), down 12% from €3.603 billion. EBITDA decreased by 15.7% to €242 million, with a net loss of €47 million compared to a net profit of €33 million last year [5] - DSM-Firmenich's Q3 2025 sales were €3.07 billion (approximately $3.57 billion), down 5% from €3.244 billion. Adjusted EBITDA remained stable at €540 million [6] - Sika reported Q3 2025 sales of CHF 3.078 billion (approximately $3.4 billion), down 3.8% from CHF 3.915 billion. EBITDA decreased to CHF 1.645 billion from CHF 1.702 billion, with net profit falling to CHF 871 million from CHF 923 million [8] - Henkel's Q3 2025 sales fell by 6.3% to €5.147 billion, with the adhesives technology division reporting sales of approximately $3.145 billion, down 3.3% year-on-year [9] - Arkema's Q3 2025 sales were €2.187 billion (approximately $2.54 billion), down 8.6% from €2.394 billion. EBITDA fell by 23.8% to €310 million, with adjusted net profit down 53.6% to €78 million [10] - Syensqo reported Q3 2025 sales of €1.517 billion (approximately $1.76 billion), down 7.1% from €1.633 billion. EBITDA decreased by 12.8% to €326 million, with net profit down 31.8% to €110 million [11] - LANXESS reported Q3 2025 sales of €1.338 billion (approximately $1.55 billion), down 16.3% from €1.598 billion. EBITDA fell by 35.6% to €105 million, with a net loss of €77 million compared to a profit of €1 million last year [12] - Solvay's Q3 2025 sales were €1.044 billion (approximately $1.21 billion), down 9.7% from €1.156 billion. EBITDA decreased by 10.3% to €232 million, with net profit down 15% to €88 million [13] - Clariant reported Q3 2025 sales of CHF 906 million (approximately $1.03 billion), down 9% from CHF 991 million. EBITDA increased by 14% to CHF 159 million [14] Asian Companies - Rongsheng Petrochemical reported Q3 2025 revenue of ¥79.185 billion (approximately $11.2 billion), down 5.67% year-on-year. Net profit attributable to shareholders was ¥286 million, up 1427.94% [15] - SABIC's Q3 2025 revenue was SAR 34.333 billion (approximately $9.147 billion), down from SAR 36.88 billion year-on-year. Operating profit decreased to SAR 1.663 billion from SAR 2.477 billion, with net profit falling to SAR 1.135 billion from SAR 1.763 billion [16] - Hengli Petrochemical reported Q3 2025 revenue of ¥53.496 billion (approximately $7.67 billion), down 17.98% year-on-year. Net profit attributable to shareholders was ¥1.972 billion, up 81.47% [17] - Wanhua Chemical reported Q3 2025 revenue of ¥53.324 billion (approximately $7.54 billion), up 5.52% year-on-year. Net profit attributable to shareholders was ¥3.035 billion, up 3.96% [18] - Mitsubishi Chemical Group reported H1 2025 revenue of ¥1,799.124 billion (approximately $11.5 billion), down 10.5% year-on-year. Operating profit decreased by 19.6% to ¥86.489 billion, with net profit attributable to shareholders up 169% to ¥110.132 billion [19] - Taiwan Chemical announced Q3 2025 revenue of NT$69.576 billion (approximately $2.22 billion), down from NT$86.899 billion. The company reported a net profit of NT$1.78 billion, compared to a net loss of NT$1.918 billion last year [20] - Nanya Plastics reported Q3 2025 revenue of NT$64.2 billion (approximately $2.04 billion), down from NT$66.4 billion. Operating profit increased to NT$1.04 billion from NT$990 million, with net profit rising to NT$4 billion from NT$490 million [21] - Formosa Plastics reported Q3 2025 revenue of NT$41.718 billion (approximately $1.33 billion), down from NT$50.492 billion. The company reported a net loss of NT$2.685 billion, compared to a loss of NT$3.092 billion last year [22] - Asahi Kasei Corporation reported H1 2025 revenue of ¥1,486.368 billion (approximately $9.54 billion), down slightly from ¥1,490.334 billion. Operating profit increased to ¥108.915 billion from ¥107.454 billion, while net profit decreased to ¥60.248 billion from ¥66.266 billion [23] - Dongfang Shenghong reported Q3 2025 revenue of ¥31.245 billion (approximately $4.5 billion), down 11.91% year-on-year. The company reported a net loss of ¥260 million [24] - Shin-Etsu Chemical reported H1 2025 revenue of ¥1,284.522 billion (approximately $8.24 billion), up 1.4% year-on-year. Operating profit decreased by 17.7% to ¥333.935 billion, with net profit down 12.3% to ¥257.844 billion [25] - Toray reported H1 2025 revenue of ¥1,234.31 billion (approximately $7.92 billion), down 4.6% year-on-year. Operating profit decreased by 19.1% to ¥642.99 billion, with net profit down 33.5% to ¥369.35 billion [26] - Hengyi Petrochemical reported Q3 2025 revenue of ¥27.925 billion (approximately $3.95 billion), down 7.07% year-on-year. Net profit attributable to shareholders was ¥4.4079 million, up 102.21% [27] - LG Chem reported Q3 2025 sales of ₩111.962 trillion (approximately $76.24 billion), down 11.3% from ₩126.2 trillion. Operating profit increased by 38.9% to ₩6.797 trillion, while net profit fell to ₩4.470 trillion from ₩10.13 trillion [28] American Companies - Dow reported Q3 2025 net sales of $9.973 billion, down from $10.879 billion year-on-year. Net profit attributable to common shareholders was $62 million, down from $214 million [36] - Ecolab reported Q3 2025 net sales of $4.165 billion, up from $3.999 billion year-on-year. Operating profit decreased by 27% to $760 million, with net profit down 21% to $585 million [37] - DuPont reported Q3 2025 net sales of $3.072 billion, up from $2.862 billion year-on-year. The company reported a net loss of $123 million, compared to a profit of $455 million last year [39] - Westlake Corporation reported Q3 2025 net sales of $2.838 billion, down from $3.117 billion. The company reported an operating loss of $766 million, compared to a profit of $180 million last year [40] - IFF reported Q3 2025 net sales of $2.694 billion, down from $2.925 billion year-on-year. Operating profit decreased by 9% to $226 million, with net profit down to $40 million from $58 million [41] - Celanese reported Q3 2025 net sales of $2.419 billion, down from $2.648 billion. The company reported an operating loss of $1.275 billion, compared to a profit of $245 million last year [42] - Eastman Chemical Company reported Q3 2025 sales of $2.202 billion, down from $2.464 billion. Net profit attributable to the company was $47 million, down from $180 million [43] - Huntsman Corporation reported Q3 2025 revenue of $1.46 billion, down from $1.54 billion. The company reported a net loss of $25 million, compared to a loss of $33 million last year [44] Industrial Gases - Linde plc reported Q3 2025 sales of $8.615 billion, up from $8.356 billion year-on-year. Operating profit increased to $2.367 billion from $2.086 billion, with net profit rising to $1.929 billion from $1.55 billion [45] - Air Liquide reported Q3 2025 revenue of €6.599 billion (approximately $7.66 billion), down from €6.762 billion year-on-year [46] - Air Products & Chemicals reported Q4 2025 sales of $3.167 billion, down from $3.188 billion. The company reported an operating profit of $16.8 million, down from $242.4 million last year, with a net profit of $4.9 million compared to $195 million [47] Crop Science - Syngenta Group reported Q3 2025 revenue of $6.4 billion, down 6% year-on-year. EBITDA increased by 28% to $900 million [48] - Bayer Group reported Q3 2025 sales of €9.66 billion, down from €9.968 billion. EBIT loss was €543 million, compared to a loss of €382.2 million last year, with a net loss of €963 million compared to a loss of €4.183 billion last year [49] - Corteva, Inc. reported Q3 2025 net sales of $2.618 billion, up from $2.326 billion year-on-year. The company reported a net loss of $320 million, compared to a loss of $524 million last year [50] Fertilizers - Nutrien reported Q3 2025 sales of $6.007 billion, up from $5.348 billion year-on-year. Net profit increased to $469 million from $25 million [51] - Yara International ASA reported Q3 2025 revenue of $4.108 billion, up from $3.654 billion. Operating profit increased to $470 million from $309 million, with net profit rising to $320 million from $286 million [52] - The Mosaic Company reported Q3 2025 net sales of $3.452 billion, up from $2.811 billion. Operating profit increased to $340 million from $115 million, with net profit rising to $411 million from $122 million [53] - CF Industries reported Q3 2025 net sales of $1.659 billion, up from $1.37 billion. Net profit attributable to common shareholders was $353 million, compared to $276 million last year [54] Coatings - PPG Industries reported Q3 2025 net sales of $4.082 billion, up from $4.032 billion year-on-year, with net profit remaining stable at $444 million [55] - AkzoNobel reported Q3 2025 revenue of €2.547 billion (approximately $2.96 billion), down from €2.668 billion. The company reported an operating loss of €29 million, compared to a profit of €259 million last year, with a net loss of €194 million compared to a profit of €163 million last year [56] - Nippon Paint Holdings reported YTD revenue of ¥1,318.378 billion (approximately $8.467 billion), up 7.8% year-on-year. Operating profit increased by 36.4% to ¥190.579 billion, with net profit rising by 38.6% to ¥134.336 billion [57] - Sherwin-Williams reported Q3 2025 net sales of $6.358 billion, up from $6.163 billion. Net profit increased to $833 million from $806 million, with the paint retail group reporting sales of $3.837 billion, up 5.1% [58] - Axalta Coating Systems Ltd. reported Q3 2025 net sales of $1.288 billion, down from $1.32 billion. Operating profit increased to $204 million from $193 million, with net profit rising to $110 million from $101 million [59] - Three Trees reported YTD revenue of ¥9.392 billion (approximately $1.33 billion), up 2.69% year-on-year. Net profit attributable to shareholders was ¥744 million, up 81.22% [60]

Market Overview - Wall Street experienced a relatively quiet trading day with modest declines in major indices: Dow Jones down 0.45%, S&P 500 down 0.35%, and Nasdaq down 0.14% [2][3] Top Stock Gainers - Confluent (CFLT) saw a significant increase of 29.08% following IBM's announcement to acquire the company for $31 per share, valuing it at $11 billion [5][6] - Wave Life Sciences (WVE) surged by 146.13% after reporting positive trial results for its obesity treatment WVE-007, which showed improvements in body composition and a favorable safety profile [7] Top Stock Losers - Unilever (UL) shares fell by 7.11% due to the spinoff of its Magnum Ice Cream unit, which began trading independently, affecting the eligibility of new Unilever shareholders for Magnum shares [8][9] - Air Products and Chemicals (APD) dropped over 9% amid concerns regarding a potential partnership with Yara International, with investors worried about the capital requirements impacting the company's balance sheet [9]