Metal & Glass Containers

Cusick’s Corner The market held up again into the After Hours. Some market watchers are attributing the rally today on improved month-over-month Housing starts numbers, but remember that June was one of the lowest in over a year, so I would not put much emphasis on those results. If the market can...

Cusick’s Corner The market made a nice move into the Midday and over the last few hours trading has turned into a complete grind. Yesterday’s late day pullback seems to have washed out the weak longs, but there has been equal pressure on the shorts today. These kinds of moves are expected when...

Pactiv Corp. (PTV) has agreed to be taken over by Reynolds Group Holdings Ltd. for $4.4 billion. Including debt, the deal is valued at $6 billion and is expected to close before the end of 2010. Reynolds Group will pay $33.25 a share, which represents a 39% premium to Pactiv's May 14 closing price...

Shares of Pactiv Corp (NYSE: PTV) are rising after the company announced its acquisition by Reynolds Group Holdings Ltd. PTV’s shares gained 5.50% to $32.62 at 10:03 am. Reynolds Group Holdings will be acquiring PTV for $33.25 per share in a deal worth around $6 billion, representing a 39% premium...

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....

For Immediate Release Chicago, IL – August 12, 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): CGG Veritas (CGV) and Owens-Illinois, Inc. (...

Owens-Illinois Inc.’s (OI) MACD indicator has entered into bearish territory with a reading of -0.4281. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $27.37 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced 20 cents over the past week...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Alliance Fiber Optic Products, Inc (AFOP) American Physicians Service Group Inc (AMPH) AMETEK, Inc (AME) AptarGroup, Inc (ATR) BBVA Banco Frances SA (BFR) View the entire Zacks #1 Rank List.    AMETEK INC (AME): Free...

Silgan Holdings Inc. (SLGN) delivered adjusted earnings per share (EPS) of 48 cents in its second quarter ended June 30, 2010, outperforming the Zacks Consensus Estimate of 44 cents and increasing 4% from 46 cents in the year-ago quarter. The year-over-year improvement reflected higher average...

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....

Shares of Crown Holdings Inc. (NYSE: CCK) are higher on the session by 0.21%, currently trading at $28.20. The stock has been moving largely higher over the past two months, off from a recent low of $22.50. The stock’s 52-week high is just above it, at $29.35. Options traders are buying protection...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: The Advisory Board Co (ABCO) Alexander & Baldwin Inc (ALEX) Companhia de Bebidas das Americas - AmBev (ABV) AptarGroup, Inc (ATR) AVX Corp (AVX) View the entire Zacks #1 Rank List.    ADVISORY BOARD (ABCO): Free...

Cusick’s Corner Tech, NASDAQ continues to be under pressure and is lagging the other two major indices -- S&P and RUT. Tech needs to start to challenge that 2300 level on the NAZ Composite. The latter two indices may have confirmed a bounce in the 10 week retracement, clustering at key levels...

Cusick’s Corner With no leadership, XLF & SMH down, plus the Euro currency stuck in the mud, the market had really no catalyst to help any upside advance into the After Hours. Commodities, DBA (ETF w/ Corn, Soybeans, Wheat, and Sugar) continue to move to the upside, and while this could be...