Metal & Glass Containers

Jefferies is out with its report today on Crown Holdings (NYSE: CCK), initiating CCK at Buy. In a note to clients, Jefferies writes, "CCK is compelling due to its great emerging markets exposure, strong FCF generation, and pricing power. While shares have outperformed, we believe mgmt will be able...

Fonar Corporation (NASDAQ: FONR) jumped 40.15% to $1.85 at 9:55 am. FONR reported its FQ2 net income and income from operations at $1.4 million. Transition Therapeutics Inc (NASDAQ: TTHI) shares advanced 37.54% to $4.91. TTHI swung to profit in the second quarter. General Finance Corporation (...

Jefferies, which lowered its PT on shares of Ball Corporation (NYSE: BLL) to reflect the 2-for-1 stock split, is providing some color on the stock. “We are adjusting its 2011 ($5.67 to $2.83) and 2012 ($6.27 to $3.13) EPS estimates to reflect the 2-for-1 stock split,” Jefferies writes. “Our view on...

Jefferies & Company has lowered the price target on Ball Corporation (NYSE: BLL) from $85 to $43 and maintains its Buy rating.

Crown Holdings, Inc. (NYSE: CCK) announced today that it will expand beverage can production capacity in all three of its existing facilities in Vietnam. The Company will add a second can line to its facility in Hanoi. The new line is expected to be operational in early 2012 and have an initial...

Silgan Holdings Inc. (Nasdaq: SLGN) announced today that its Board of Directors increased its quarterly dividend to $0.11 per share and declared a $0.11 per share quarterly cash dividend, payable on March 17, 2011 to the holders of record of the common stock of the Company on March 3, 2011. The...

Myers Industries, Inc. (NYSE: MYE) today reports results for the fourth quarter and year ended December 31, 2010. Net sales were $188.2 million compared to $188.3 million in the fourth quarter of 2009. The Company reported a loss from continuing operations of $50.5 million or $1.43 per share...

Ball Corporation (NYSE: BLL) announced today that Latapack-Ball Embalagens Ltda., the company's majority-owned beverage can joint venture in Brazil, plans to build a new beverage can manufacturing plant in Alagoinhas, in the Brazilian state of Bahia. The plant will initially operate one...

BookingAlpha subscribers opened a new Call Credit Spread on AAPL today. AAPL showed continued strength today in contrast to the rest of the market which was down. AAPL recently broke resistance at $350 and has continued straight up knocking on $360 today. However, the stock is looking a little...

Make sure to check out my latest interview with financial news site Benzinga.com   BookingAlpha subscribers opened a new Call Credit Spread on AAPL today.  AAPL showed continued strength today in contrast to the rest of the market which was down.  AAPL recently broke resistance at $350 and has...

Silgan Holdings Inc. (SLGN) delivered adjusted EPS of 42 cents in its fourth quarter ended December 31, 2010, outperforming the Zacks Consensus Estimate of 40 cents and increasing 35% from 31 cents in the year-ago quarter. The adjusted EPS was in line with management's guidance of 33–43 cents for...

Silgan Holdings Inc. (SLGN) delivered adjusted EPS of 42 cents in its fourth quarter ended December 31, 2010, outperforming the Zacks Consensus Estimate of 40 cents and increasing 35% from 31 cents in the year-ago quarter. The adjusted EPS was in line with management's guidance of 33–43 cents for...

Silgan Holdings Inc. (Nasdaq: SLGN) today reported full year 2010 net income of $144.6 million, or $1.89 per diluted share, as compared to full year 2009 net income of $159.4 million, or $2.07 per diluted share. The Company reported net income for the fourth quarter of 2010 of $16.4 million, or $0....

Goldman Sachs is reiterating its Buy rating and is raising its price target on shares of Ball Corporation (NYSE: BLL) to $82. In a note to clients, Goldman writes, "A 60% projected growth in operating cash flow in 2011 should allow BLL to double its capital investment in new and improved plants,...