Praxair (PX -3.8%) trades lower after posting a mixed Q4, despite a surge in Y/Y earnings and...

|By:, SA News Editor

Praxair (PX -3.8%) trades lower after posting a mixed Q4, despite a surge in Y/Y earnings and unveiling a $1.5B buyback program. Most of the impact comes from its cautious guidance as the company forecasts a downbeat 2012 due to negative currency impact, now expecting a profit of $1.33 - $1.38 for the year, below analysts estimates of $1.41.