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Keep An Eye On Owens-Illinois's Venezuelan Business
Thursday, October 28, 2010 - 5:45am | 97Deutsche Bank has published a research report on Owens-Illinois (NYSE: OI) following the company's 3Q earnings results. In the report, Deutsche Bank writes "Reported GAAP EPS of $0.84, pointing to underlying $0.90. DB at $0.85, Consensus at $0.86. 09Q3 was $0.95. Good news: volume growth in high-...
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Ball Corporation (BLL) Earnings Surge But Miss Estimates
Thursday, October 28, 2010 - 5:35am | 237Ball Corporation (NYSE: BLL) released financial results on Thursday morning that missed Wall Street earnings estimates, while just beating revenue expectations. Ball Corporation announced that its 3rd quarter net earnings from continuing operations climbed to $222.2 million, $2.44 per share, up...
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Ball Board Declares Dividend of 10 Cents
Wednesday, October 27, 2010 - 10:40am | 50Ball Corporation's (NYSE: BLL) board of directors today declared a cash dividend of 10 cents per share, payable Dec. 15, 2010, to shareholders of record on Dec. 1, 2010. Ball will report its third quarter 2010 results on Oct. 28 before the market opens. Conference call details are below.
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Earnings Scheduled For October 27 (V, PEG, DPS, PG, ODP, ESRX, WHR, NOC, S, GG, SYMC, PX, COP, OI, IP, SO, LM, VMED, CMCSA, ADP, ALL, GD, IACI)
Wednesday, October 27, 2010 - 4:26am | 499Visa Inc (NYSE: V) is projected to post its earnings at $0.95 per share in the fiscal fourth quarter. Public Service Enterprise Group Inc (NYSE: PEG) is likely to report its Q3 profit at $0.96 per share. Dr Pepper Snapple Group Inc (NYSE: DPS) is expected to post its Q3 EPS at $0.60. Procter &...
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O-I Operations Comments on Situation in Venezuela
Tuesday, October 26, 2010 - 11:39am | 95Owens-Illinois, Inc. (NYSE: OI) learned last night of the Chavez administration's intention to expropriate O-I's operations in Venezuela. The company was surprised to learn of this decision. As of this morning, we have not heard directly from the government," said Al Stroucken, O-I Chairman and...
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Owens-Illinois Down Sharply (OI)
Tuesday, October 26, 2010 - 8:34am | 88Shares of Owens-Illinois (NYSE: OI) are down sharply in early Tuesday trading, some 7%, on reports that Venezuelan President Hugo Chavez has ordered a government takeover of Owens-Illinois assets in the country. “The expropriation is already ready of this glass company,” Chavez said. “What's it...
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Myers Industries Declares Quarterly Dividend of 6.5 Cents
Friday, October 22, 2010 - 2:25pm | 36The Board of Directors of Myers Industries, Inc. (NYSE: MYE) today declared a regular quarterly dividend of $0.065 per share payable January 3, 2011, to shareholders of record as of November 30, 2010.
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Silgan Misses EPS, Beats Sales - Analyst Blog
Thursday, October 21, 2010 - 6:33pm | 1019Silgan Holdings Inc. (SLGN) delivered adjusted earnings per share (EPS) of 89 cents in the third quarter ended September 30, 2010, missing the Zacks Consensus Estimate of 91 cents and decreasing 7% from 96 cents in the prior-year quarter. The decline was mainly due to the decrease in sales...
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Myers Industries Reports 2010 Third Quarter Results; EPS $.09
Thursday, October 21, 2010 - 7:32am | 178Myers Industries, Inc. (NYSE: MYE) today reports results for the third quarter ended September 30, 2010. Performance from continuing operations includes: Net sales for the third quarter were $187.0 million, an increase of 13% compared to $165.4 million in the comparable quarter of 2009....
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Credit Suisse Downgrades SLGN To Neutral
Thursday, October 21, 2010 - 7:11am | 49Analysts at Credit Suisse downgrade Silgan Holdings Inc (NASDAQ: SLGN) from "outperform" to "neutral." The target price for SLGN is set to $36.3. SLGN's shares lost 0.08% to close at $33.62 yesterday. More Analyst Ratings here
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AptarGroup Reports Solid Earnings (ATR)
Wednesday, October 20, 2010 - 4:06pm | 143AptarGroup, Inc. (NYSE: ATR) reports Q3 earnings of $0.68 versus consensus of $0.67. AptarGroup, Inc. reports revenues of $517.5 million versus consensus of $504.82 million. Sales excluding currency effects rose 14% year over year. Commenting on the quarter, Peter Pfeiffer, President and CEO, said...
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Margins Restored For Crown Holdings
Wednesday, October 20, 2010 - 5:48am | 142Citigroup has published a research report on Crown Holdings Inc. (NYSE: CCK) as quarterly margins have been driven back towards normal levels by structural pricing improvements. In the report, Citigroup writes "Record quarterly margins driven by structural pricing improvements, growth in (high...
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Top Performing Industries For October 19 (SKY, COF, GFN, MHO)
Tuesday, October 19, 2010 - 9:39am | 193At 10:24 am, the Dow lost 0.99% to 11,032.89, the broader Standard & Poor's 500 index moved down 0.96% to 1,173.30 and the NASDAQ composite index fell 1.16% to 2,451.93. The industries that are still afloat in the market today are: Manufactured Housing: This industry jumped 2.37% by 10:24 am....
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Mid-Day Market Movers (TGIS, GFN, JCDA, NOVB)
Tuesday, October 19, 2010 - 9:22am | 123Thomas Group Inc (NASDAQ: TGIS) climbed 42.48% to $2.18 at 10:18 am. TGIS shares have lost 68.78% over the past 52 weeks, while the S&P 500 index has gained 7.91% in the same period. General Finance Corporation (NASDAQ: GFN) jumped 38.74% to $2.40. GFN's shares have surged 36.22% so far this...
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Solid Crown Holdings Earnings Drives 3Q Upside, Citigroup Reports
Tuesday, October 19, 2010 - 8:38am | 111Citigroup reports that its Crown Holdings, Inc. (NYSE: CCK) third-quarter results on balance were above its expectations. “The biggest positives were continued strong bev can volume growth (11%), driven by organic growth, capacity adds and market share ‘gains'; and tight corporate expense...