Article: Praxair Reports Fourth-Quarter and Full-Year 2008 Results.(Financial report)

DANBURY, Conn. -- Praxair, Inc. (NYSE: PX):

* Fourth-quarter adjusted diluted EPS of $1.01, up 3% excluding charges*

* Full- year 2008 adjusted diluted EPS of $4.20, up 16% excluding charges*

* Fourth-quarter sales down 5%. Full-year sales up 15%

* Record operating cash flows in the quarter and for full year

* Return on capital for the year of 15.3%*

* Net share repurchases of $177 million in the fourth quarter, $892 million for full-year 2008

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