Metal & Glass Containers

Crown Holdings, Inc. (NYSE: CCK) reported 3Q10 EPS (excluding one-time items of minus $0.01) of $0.85 matching the high end of its guidance and beating consensus of $0.83, Goldman Sachs reports, noting that it had forecast 3Q10 EPS of $0.86. “CCK reported its global beverage can volumes grew 11%...

Jefferies & Co. says that Ball Corporation (NYSE: BLL) is its favorite name in the packaging sector, as the company appears to be firing on all cylinders. It has a Buy rating on shares, to go along with a $71 price target. In a note sent to clients, Jefferies notes, "BLL is our favorite name...

Shares of Crown Holdings, Inc. (NYSE: CCK) are higher on the session by 1.44%, currently trading at $29.64. The stock has been moving largely higher over the past six months, bouncing off of the $22.50 level and rallying to a new 52-week high. Options traders are buying calls on the name today. A...

Crown Holdings, Inc. (NYSE: CCK) announced today a major expansion of its beverage can production capacity in Turkey. The investment plan includes increasing capacity at the Company's existing two-line facility in Izmit, near Istanbul, and the construction of a new manufacturing plant in the...

Goldman Sachs is lowering 3Q10 EPS estimates for Owens-Illinois (NYSE: OI) and Silgan Holdings (NASDAQ: SLGN) on weaker volume growth. Goldman is reduce its EPS estimate for Pactiv (NYSE: PTV) on lower margins. We maintain our 3Q2010 estimates for Ball (NYSE: BLL), Crown (NYSE: CCK), Graham (NYSE...

Alexander Roeper is speaking at the Value Investing Congress and is discussing Owens-Illinois (NYSE: OI), which he believes is a value investment. He says that glass manufacturing is a growth business, particularly in packaging, as it is more environmentally friendly. It has a huge stable cash...

Alexander Roepers likes Xerox (NYSE: XRX), ITT Corporation (NYSE: ITT), as companies traded in the U.S., to go along with Owens-Illinois (NYSE: OI). Roepers believes Xerox (NYSE: XRX) could be a takeout candidate. He sees it trading at $18 per share.

Two steps forward, two steps back Owens Illinois Inc (NYSE: OI) lower numbers, but stays at a Buy. In a research report Citi wries, "In reaction to comments made by management this afternoon at a conference, we are again lowering our overall volume forecast for 2H10. Specifically, the company noted...

Rofin-Sinar Technologies Inc (NASDAQ: RSTI) shares moved up 4.43% to $27.12 at 10:47 am. The volume of RSTI shares traded was 453% higher than normal. Standard & Poor's reported that RSTI will be replacing Cogent Inc (NASDAQ: COGT) in the S&P SmallCap 600, after the closing bell on October...

Ball Corporation (NYSE: BLL) today announced it is expanding production of its light weight Alumi-Tek® bottle to meet strong customer demand in North America. The company's Golden, Colo., metal beverage packaging plant will begin making Alumi-Tek bottles in the second half of 2011. Ball's...

Ball Corporation (NYSE: BLL) announced today that Colin Gillis has been named president of Latapack-Ball Embalagens, Ltda., Brazil, and Gihan Atapattu has been named president of Ball Asia Pacific Ltd. (BAPL), Hong Kong. "Brazil and the Asia Pacific region are important growth markets for our...

Ball Aerospace & Technologies Corp. has announced that the fully-integrated NPOESS Preparatory Project (NPP) weather satellite has successfully completed its Pre-Environmental Review (PER) on-schedule in advance of flight environmental testing. The launch is slated for October 2011, with a...

Longbow has downgraded Crown Holdings, Inc. (NYSE: CCK) from Buy to Neutral. Crown Holdings, Inc. closed yesterady at $28.20.