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Air Products and Chemicals: Q3 Shows Slow But Clear Improvement (Downgrade)

Core Insights - Air Products and Chemicals, Inc. has experienced a tumultuous year marked by an activist fight, a change in CEO, and a significant strategic shift after years of costly investments in clean energy [1] Group 1 - The company has undergone a leadership change, which is indicative of internal challenges and a potential shift in strategic direction [1] - The activist fight suggests that there may be disagreements among stakeholders regarding the company's direction and performance [1] - The announcement of a massive strategy change indicates a response to previous costly investments, highlighting the need for a reevaluation of business priorities in the clean energy sector [1]