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Pactiv and Reynolds Announce Expiration of HSR Waiting Period for Proposed Merger
Thursday, September 23, 2010 - 3:21pm | 104Pactiv Corporation (NYSE: PTV), a leader in the consumer and foodservice packaging markets, and Reynolds Group Holdings Limited, a leading global manufacturer and supplier of consumer food and beverage packaging and storage products, today announced that the waiting period under the Hart-Scott-...
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Crown to Build Three New Plants in China (CCK)
Thursday, September 23, 2010 - 9:03am | 107Crown Holdings, Inc. (NYSE: CCK) announced today that it will build three new beverage can plants in China - one in Putian, one in Foshan and one in Ziyang. The new plants will have initial combined annual production capacity of 2.1 billion aluminum beverage cans. Each of the plants will be...
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General Finance Corporation Reports Fourth Quarter and 2010 Results
Thursday, September 23, 2010 - 6:39am | 199General Finance Corporation (NASDAQ: GFN) today announced its consolidated financial results for the fourth quarter and year ended June 30, 2010. General Finance Consolidated Fourth Quarter Ended June 30, 2010 Results Compared to Fourth Quarter Ended June 30, 2009 Results --Total revenues...
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Zacks Sell List Highlights: Sykes Enterprises, Incorporated, Hewitt Associates, Owens-Illinois and Regal Entertainment Group - Press Releases
Tuesday, September 21, 2010 - 8:09am | 1290For Immediate Release Chicago, IL –September 21, 2010 – Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Sykes Enterprises, Incorporated (SYKE) and...
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Pactiv Invests to Up Volume - Analyst Blog
Wednesday, September 15, 2010 - 2:45pm | 321Pactiv Corporation (PTV) invested $12 million in a two-year program to upgrade equipment to increase the production of polystyrene food processor trays that would help meet the rise in consumer demand. The upgrade is scheduled for completion in early 2011. This two-year program featured an...
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Pactiv Invests Nearly $12 Million to Expand Capacity
Tuesday, September 14, 2010 - 9:54am | 67Pactiv Corporation (NYSE: PTV) announced today that it has scheduled the final phase of a nearly $12 million equipment upgrade to increase capacity for its line of expanded polystyrene food processor trays. The two-year program—to update selected extrusion, thermoforming, padding, and packaging...
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Ball M&A Should Drive Earnings Growth Through 2011
Tuesday, September 14, 2010 - 7:51am | 146Ball Corporation (NYSE: BLL) is viewed attractively by Jefferies & Company, as it reports strong FCF generation and a disciplined approach to allocating capital and strong earnings. Supply for Ball remains tight as plants in China and Brazil run out consistently and strong demands are seen from...
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Zacks Releases Four Powerful ''Buy'' Stocks: TRW Automotive, Aptargroup, The Hain Celestial Group, ZST Digital Networks - Press Releases
Tuesday, September 14, 2010 - 7:45am | 1266For Immediate Release Chicago, IL – September 14, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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Aptargroup Inc - Growth & Income
Tuesday, September 14, 2010 - 2:15am | 446Aptargroup (ATR) recently announced second quarter earnings per share growth of 63%. It was 4 cents above the Zacks Consensus Estimate, and its seventh consecutive positive surprise. Aptargroup supplies pumps, dispensers, closures, and valves for a variety of markets around the globe. Over half of...
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Ball Corp Ups Stake in Brazilian JV - Analyst Blog
Monday, September 13, 2010 - 3:36pm | 385Ball Corporation (BLL) has raised its stake in the Brazilian beverage packaging joint venture, Latapack-Ball Embalagens Ltda, by 10.1%. With this additional hike in stake, the company now has an ownership of approximately 60% in the joint venture. Latapack-Ball operates metal beverage packaging...
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A Packaging Company That Makes Profits
Saturday, September 11, 2010 - 1:51pm | 1146You have likely heard about large food and beverage manufacturers Sara Lee, Kraft, and Coca Cola. But I doubt you have heard of the company that is responsible for the design and manufacturing of the packaging for these products. This unknown company is a great investment opportunity. The food...
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A Packaging Company That Makes Profits
Saturday, September 11, 2010 - 1:51pm | 1103You have likely heard about large food and beverage manufacturers Sara Lee, Kraft, and Coca Cola. But I doubt you have heard of the company that is responsible for the design and manufacturing of the packaging for these products. This unknown company is a great investment opportunity. The food...
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AEP Industries Inc. Reports Fiscal 2010 Q3 Results
Thursday, September 9, 2010 - 7:40am | 304AEP Industries Inc. (Nasdaq: AEPI) today reported financial results for its third quarter ended July 31, 2010. Net sales for the third quarter of fiscal 2010 increased $15.2 million, or 8%, to $204.9 million from $189.7 million for the third quarter of fiscal 2009. Net sales for the nine months...
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Crown Strengthens Its Position In Southeast Asia
Wednesday, September 8, 2010 - 8:20am | 155Crown Holdings, Inc. (NYSE: CCK) has entered into an agreement to purchase the 44.6% and 49.0% JV interest in two metal beverage can holding companies based in China (4 facilities) and Vietnam (1 facility) from affiliates of Swire Pacific Limited for $150M, giving Crown 100% ownership of both once...
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Owen-Illinois Unit to Offer Notes - Analyst Blog
Tuesday, September 7, 2010 - 3:36pm | 2587International glass manufacturer and seller Owens-Illinois Group Inc. (OI) announced that its wholly owned subsidiary, OI European Group B.V., intends to offer €500 million ($644.5 million) aggregate principal amount of Senior Notes due 2020 in a private offering, which is subject to...