Packaging & Containers

(BLL) Ball Corporation Ends Senior Notes Offering

Ball Corporation (BLL) has announced the completion of the previously announced underwritten public offering of 4% senior notes worth $1 billion, due 2023. Ball will use the proceeds from the offering to pay accrued and unpaid interest.

Ball...

16Aug2013 | | Comments Off on (BLL) Ball Corporation Ends Senior Notes Offering | Continued

(OI) Owens-Illinois Reaches 52-Week High

Shares of Owens-Illinois, Inc. (OI) reached a new 52-week high of $29.16 on Tuesday, May 21, 2013. The new high was primarily driven by expected benefits from higher pricing, modest improvement in volumes, restructuring actions, cost...

26Jul2013 | | Comments Off on (OI) Owens-Illinois Reaches 52-Week High | Continued

(BLL) U.S. Air Force Contract for Ball

Ball Aerospace & Technologies Corp., a unit of Ball Corporation (BLL), has been chosen by the U.S. Air Force to reduce risks associated with the Weather Satellite Follow-on program. According to the contract, Ball Aerospace will...

21Apr2013 | | Comments Off on (BLL) U.S. Air Force Contract for Ball | Continued

(TUP) 3 High-Flyers That Should Keep Soaring – Investment Ideas

3 High Flyers that Look to Keep Soaring

Doesn’t it seem that shares continuously hitting new all-time highs are already overpriced and may not appreciate further? It is a common perception, but not entirely true. The gaining streak may continue for many stocks. And you can easily gain...

10Feb2013 | | Comments Off on (TUP) 3 High-Flyers That Should Keep Soaring – Investment Ideas | Continued

(SEE) Sealed Air Corporation – Bear of the Day

Sealed Air Corp’s (SEE) second-quarter 2012 total revenue increased 65% year over year to $2 billion while adjusted net earnings plunged 50% to $0.20 per share, due to weaker-than-expected margins. The company lagged the Zacks...

13Sep2012 | | Comments Off on (SEE) Sealed Air Corporation – Bear of the Day | Continued

(MWV) MeadWestvaco gets closer to Merger

MeadWestvaco Corporation (MWV) moves closer to the completion of its merger with ACCO Brands Corporation (ABD). Shareholders of ACCO Brands have given a go-ahead for...

30Apr2012 | | Comments Off on (MWV) MeadWestvaco gets closer to Merger | Continued

(BMS) Company News for January 26, 2012 – Corporate Summary

•    Manufacturer of flexible packaging products Bemis Co.’s (NYSE:BMS) shares rose 6% to end the day at $31.79 after the company posted better-than-expected fourth-quarter profits

•    Share prices of WellPoint Inc. (NSYE:WLP)...

26Jan2012 | | 0 comments | Continued

(MWV) MeadWestvaco Impacted by Weak Demand

MeadWestvaco Corporation (MWV) announced that it expects pre-tax income from its business segments (before Corporate and other) in the range of $150 to $160 million for the fourth quarter of 2011. For the full year...

21Jan2012 | | 0 comments | Continued

(BMS) Bemis Corporation – Bear of the Day

Bemis Company (BMS) reported third-quarter EPS of $0.56, a penny below the year-ago quarter and missing the Zacks Consensus Estimate by 2 cents. Rising raw materials prices have significantly impacted the company, putting downward...

2Nov2011 | | 0 comments | Continued

(SEE) Sealed Air Issues Notes to Fund Diversey Holdings Purchase

Packaging food products maker Sealed Air Corporation (SEE) issued $1.5 billion notes with an intention to utilize the proceeds to fund a portion of the $4.3 billion acquisition of Diversey Holdings announced in June 2011.

The...

21Sep2011 | | 0 comments | Continued

(BLL) Ball Expands Antenna Center

The Aerospace and Technologies wing of Ball Corporation (BLL), Ball Aerospace & Technologies Corp. opened its $14.6 million expanded manufacturing center in Westminster, CO. The expansion has been made with the sole objective of...

5Jul2011 | | 0 comments | Continued

(MWV) MeadWestvaco Builds New Boiler

MeadWestvaco Corporation (MWV) recently announced its plan to invest $285 million for building a new state-of-the-art biomass boiler and upgrading the power infrastructure associated with it at its Covington, Virginia, facility.

This...

28Jun2011 | | 0 comments | Continued

(SLGN) Silgan Holdings Bows Out of Graham Packaging Race

Silgan Holdings Inc.’s (SLGN) acquisition agreement with Graham Packaging Company Inc. (GRM) has been terminated with Silgan not upping its prior offer within the...

22Jun2011 | | 0 comments | Continued

(SEE) Sealed Air Corporation Increases Revenues – Falters on Earnings

Sealed Air Corporation (SEE) delivered adjusted EPS of 34 cents for the first quarter ended March 31, 2011, falling short of the Zacks Consensus Estimate of 38 cents. Earnings per share in the quarter dropped 6% from the EPS of 36...

3May2011 | | 0 comments | Continued

(MWV) Mixed Results for MeadWestvaco

MeadWestvaco Corporation (MWV) delivered adjusted EPS of 43 cents in its first quarter of 2011, significantly beating the Zacks Consensus Estimate of 23 cents per share and more than three times the EPS of 13 cents in the prior-year...

28Apr2011 | | 0 comments | Continued

(BMS) Company News for November 24, 2010 – Corporate Summary

• Eli Lilly (NYSE:LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men

• Tiffany (NYSE:TIF) reported estimate-beating third quarter earnings of $0.43 a share, ahead of Zacks projections of $0.37, on a 14% revenue jump to $681.7 million...

29Nov2010 | | 0 comments | Continued

(OI) Owens-Illinois Forms Joint Venture to Expand in China

Owens-Illinois Inc. (OI) has enhanced its presence in China by forming a joint venture with Thailand’s Berli Jucker Public Co. to buy four plants from Fraser & Neave Holdings Bhd.’s Malaya Glass operations for $221.7 million....

24May2010 | | 0 comments | Continued

(PTV) Buyout Story Boosts Pactiv Shares

Pactiv Corp. (PTV) shares jumped following a Wall Street Journal report claiming the company may be bought by private-equity firm Apollo Global Management. As the news spread, shares leapt 19% yesterday.

According to...

24May2010 | | 0 comments | Continued

(TUP) Tupperware Brands – Earnings Estimates Are Trending Higher

Tupperware Brands (TUP) has beaten the Zacks Consensus Estimate in each of the last five quarters by an average of 28.4%.

Growth and Income

The company is expected to grow its earnings per share 23% in...

17May2010 | | 0 comments | Continued

(PTV) Pactiv Corporation Completes PWP Industries Acquisition

Pactiv Corporation (PTV) has closed the acquisition of PWP Industries for $200 million. PWP is a leading manufacturer of APET (amorphous polyethylene terephthalate) disposable products.

PWP primarily manufactures a range of...

7Apr2010 | | 0 comments | Continued

(SLGN) Silgan Holdings Incorporated Outperforms

Silgan Holdings Inc. (SLGN) reported its fourth-quarter earnings last week. The company posted earnings of 63 cents per share, beating the Zacks Consensus Estimate of 54 cents and up 40.0% from the year-ago earnings of 45 cents per...

8Feb2010 | | 0 comments | Continued

(OI) Owens-Illinois Moderately Beats Consensus Estimates

Owens-Illinois, Inc. (OI) reported encouraging results for the fourth quarter and full year 2009. During the fourth quarter of 2009, EPS was $0.49, up from $0.45 in the fourth quarter of 2008. Reported EPS was slightly above the Zacks...

30Jan2010 | | 0 comments | Continued

(BLL) Ball Corporation Posts Higher Profits

Ball Corporation (BLL) reported fourth quarter earnings of 84 cents per share, beating the Zacks Consensus Estimate of 71 cents. The company posted year over year earnings growth of 50% for the quarter. Strong earnings growth in the...

28Jan2010 | | 0 comments | Continued

(BMS) Bemis Company Reports Fourth Quarter Growth

Bemis Company, Inc. (BMS) reported third-quarter earnings of 35 cents per share, compared to 33 cents in the prior-year quarter. Earnings growth in the quarter was driven by higher sales in the Flexible Packaging segment, favorable...

28Jan2010 | | 0 comments | Continued

(PTV) Pactiv Corporation Reports Earnings Beat

Pactiv Corporation (PTV) reported earnings per share from continuing operations for the fourth quarter of 2009 of 53 cents, exceeding the Zacks Consensus Estimate of 50 cents.

Revenues declined 3% to $854 million from $883 million...

27Jan2010 | | 0 comments | Continued

(MWV) MeadWestvaco Misses Earnings Expectations

MeadWestvaco Corp. (MWV) reported fourth-quarter 2009 results before the opening bell today. The company swung to a GAAP net profit from continuing operations of $51 million from a GAAP net loss of $16 million in the year-ago period.

Excluding...

27Jan2010 | | 0 comments | Continued

(SEE) Sealed Air Meets Earnings Expectations

Sealed Air Corporation (SEE) posted third-quarter EPS of 40 cents, in-line the Zacks Consensus Estimate and slightly higher than the prior-year EPS of 39 cents. Through its stringent cost-control measures and global manufacturing strategy,...

25Jan2010 | | 0 comments | Continued

(TUP) Tupperware Brands – Favorable Industry Comparisons and Strong Momentum

Tupperware Brands Corporation (TUP) boasts industry-leading fundamentals as shares soar past the market. The company outperformed the S&P 500 by about 100% over the past year.

Company Description

Tupperware...

27Dec2009 | | 0 comments | Continued

(TUP) Tupperware Brands – Bullish Forecasts and Strong Momentum

Tupperware Brands Corporation (TUP) stacks up well against the market, outpacing the S&P 500 by more than 150% over the past year. The company also continues to see a bullish Zacks Consensus Estimate.

Company Description

Tupperware...

25Nov2009 | | 0 comments | Continued

(SEE) Sealed Air Corporation – Bull of the Day

Sealed Air Corporation (SEE) reported third quarter 2009 EPS of 38 cents, above the Zacks Consensus Estimate of 33 cents and the prior-year EPS of 28 cents. The company raised its full-year 2009 EPS guidance to a range between $1.37-$1.45.

The...

17Nov2009 | | 0 comments | Continued