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Greif Plummets on Q3 Earnings Results
Wednesday, August 31, 2011 - 4:25pm | 249Shares of Greif (NYSE: GEF) are trading lower in the after-hours following the release of the company's Q3 earnings results. Currently, shares are lower by 8.70%, trading at $51.00; they ended the regular session higher by 1.69%, at $55.86. Greif reported Q3 EPS of $1.18 on revenues of $1.12...
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Notable Call Options Activity in Owens-Illinois
Wednesday, August 31, 2011 - 2:01pm | 110Shares of Owens-Illinois (NYSE: OI) are higher on the session by 0.80%, currently trading at $18.98. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the...
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Earnings Scheduled For August 31
Wednesday, August 31, 2011 - 3:51am | 469Joy Global Inc (NASDAQ: JOYG) is projected to report its FQ3 EPS at $1.53 on revenue of $1.17 billion. Shuffle Master Inc (NASDAQ: SHFL) is expected to report its Q3 EPS at $0.15 on revenue of $58.14 million. The Fresh Market Inc (NASDAQ: TFM) is estimated to report its Q2 EPS at $0.19 on revenue...
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Barrington Research Maintains Greif Market Perform
Tuesday, August 30, 2011 - 11:57am | 82Barrington Research maintained its Greif (NYSE: GEF) Market Perform rating in a research report published today. In the report, Barrington Research states, "We believe GEF has potential for accelerated earnings growth in 2013 due to the Saudi Arabia joint venture. However, near term we are...
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Top 4 Mid-Cap Stocks In The Packaging & Containers Industry With The Highest Revenue
Tuesday, August 30, 2011 - 3:14am | 133Below are the top mid-cap packaging & containers stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Ball Corporation (NYSE: BLL) is $8.35 billion. BLL's ROE for the same period is 35.61%. The trailing-twelve-month revenue at Crown Holdings Inc (NYSE:...
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Jefferies Has Buy On Crown Holdings (CCK)
Friday, August 26, 2011 - 6:49am | 130Jefferies & Co. is out with a research report on Crown Holdings (NYSE: CCK) and it has a Buy rating and a $49 price target on shares. In a note to clients, Jefferies & Co. writes, "While some investors are concerned the beverage can industry could overbuild in the emerging markets, Crown (...
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Crown to Expand Presence in China to Support Strong Market Growth
Thursday, August 25, 2011 - 7:33am | 48Crown Holdings, Inc. (NYSE: CCK) (Crown) ( www.crowncork.com ), today announced plans to continue to expand its footprint in China by building two new beverage can plants and adding a second line to a previously announced facility currently being constructed.
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Options Brief: Owens-Illinois
Friday, August 12, 2011 - 12:48pm | 81Shares of Owens-Illinois (NYSE: OI) are higher on the session by 2.81%, trading at $18.28. Overall call volume is now running at 2.39x the daily average, with 43% of all calls traded being purchases on the offer. 2,964 contracts have traded on the session so far. Owens-Illinois, Inc. is a...
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Goldman Sachs Reiterates Buy on MeadWestvaco, Crown Holdings and Graphic Packaging Holding
Tuesday, August 9, 2011 - 5:33am | 94Goldman Sachs reiterated its Buy rating on MeadWestvaco (NYSE: MWV), Crown Holdings (NYSE: CCK) and Graphic Packaging Holding (NYSE: GPK). On Monday, MWV lost 8.45% of its value to finish the day at $25.58. Its shares rebounded in today's pre-market trading, rising 3.89% to stand around $26.58. At...
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Merger Arbitrage Mondays – August 8, 2011
Monday, August 8, 2011 - 5:16am | 4847Merger activity remained steady last week with three new deals announced and one closing. The recent drop in equity markets around the world did not spare stocks that are on our list of pending mergers. Spreads of several deals widened and I used the opportunity to start a position in education...
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Ball Announces Accelerated Stock Repurchase of ~$125M
Wednesday, August 3, 2011 - 5:51am | 102Ball Corporation (NYSE: BLL) announced today that it has agreed to repurchase approximately $125 million of its outstanding common stock in a privately negotiated accelerated stock repurchase transaction with Barclays Capital using cash on hand and available borrowings. Subject to certain...
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 12:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Merger Arbitrage Mondays – August 1, 2011
Monday, August 1, 2011 - 3:28am | 4789Merger activity declined last week with three new deals announced and three closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 131 Total Number of...
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Stocks to Watch for Monday 8/01/2011: Fresh 52 Week Highs and Lows
Sunday, July 31, 2011 - 9:55pm | 3407Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to...
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Options Brief: Crown Holdings
Friday, July 29, 2011 - 9:06am | 81Shares of Crown Holdings (NYSE: CCK) are lower on the session by 0.79%, trading at $37.89. Overall call volume is now running at 3.81x the daily average, with 1% of all calls traded being purchases on the offer. 2,740 contracts have traded on the session so far. Crown Holdings, Inc. is engaged...