Metal & Glass Containers

Pactiv Corp. (NYSE: PTV) has attracted new suitors in the form of Georgia-Pacific Corp. and Rank Group. Pactiv (PTV) is also in talks with private-equity firm Apollo Global Management about a potential acquisition. According to the Wall Street Journal, Pactiv has added $0.5 billion to its market...

Below are the top 5 packaging and containers stocks on the NASDAQ and the NYSE in terms of market capitalization. Owens-Illinois Inc (NYSE: OI) has a market capitalization of $5.08 billion. OI’s quarterly earnings grew by 89.10% year-over-year. Ball Corp (NYSE: BLL) has a market capitalization of $...

By 1:32 pm, the Dow Jones Industrial Average had dipped 90.28, or 0.85%, to 10,529.88, Nasdaq had lost 19.66, or 0.84%. Meanwhile the S&P 500 index had moved down 10.27, or 0.90%. Some of the few narrow based indexes that are driving the market are the Packaging and Container Stocks, which have...

At 1:34 pm, Dow lost 88.80 points, or 0.84%, to 10,531.36, while the broader Standard & Poor's 500 index fell 10.16 points, or 0.89%. The Nasdaq composite index has also slipped 19.48 points, or 0.83%. The industries that are helping the market keep afloat today are: Music & Video Stores:...

• Mergers and acquisitions front picked up steam over the weekend, with mergers reported by Man Group, Universal Health, and Apollo Global Management • Man Group announced plans to buy GLG Partners (NYSE:GLG) for $4.50 per share or $1.6 billion • Universal Health (NYSE:UHS) announced plans to pay $...

Pactiv (NYSE: PTV), the maker of Hefty trash bags is trading higher by more than 21% this morning on rumors that the company is a buyout target for private equity firm Apollo Global Management. The story was first reported by the Wall Street Journal. Pactiv employs 12,000 people and is trading...

InterMune Inc (NASDAQ: ITMN) was downgraded by Oppenheimer from “outperform” to “perform.” ITMN closed at $45.44 yesterday. ITMN has a 52-week trading range of $10.48 - $49.46. Canaccord Adams downgraded WebMD Health Corp (NASDAQ: WBMD) from “buy” to “hold.” WBMD’s shares closed at $47.30 yesterday...

According to an article in TheStreet.com, ratings of the following small-cap companies were upgraded by the firm to "buy": Aqua America (NYSE: WTR) is a regulated utility that has been delivering an average of 7.9% revenue growth per annum over the past three years. During the fourth quarter, 11 of...

Genzyme Corp. (GENZ) recently reported encouraging follow-up phase II results on its multiple sclerosis candidate alemtuzumab at the annual meeting of the American Academy of Neurology. Alemtuzumab is currently available for the treatment of B-cell chronic lymphocytic leukemia (B-CLL) under the...

Analyst at Credit Suisse initiate coverage of Pactiv Corporation (NYSE: PTV) with an “outperform” rating. PTV’s shares rose by 1.67% to $25.59 in today’s trading. More Analyst Ratings here

Bway Holding Company (NYSE: BWY) was downgraded by JP Morgan from “overweight” to “neutral.” BWY closed at $20.07 yesterday. BWY has a 52-week trading range of $7.58-$20.97. Read more about this company here. Oppenheimer downgraded Neutral Tandem Inc (NASDAQ: TNDM) from “outperform” to “perform.”...

Shares of Bway Holding Company (NYSE: BWY) rose 15.68% because of news that the manufacturer and distributor of metal and rigid plastic containers had agreed to be acquired by Private equity firm Madison Dearborn Partners. Bank of America Merrill Lynch (NYSE: BAC) and affiliates of Deutsche Bank...

BWAY Holding Company (NYSE: BWY), a leading North American supplier of general line rigid containers, has jumped up 15.62% to trade at $20.06, after the company signed an agreement to be acquired by a company organized by Madison Dearborn Partners, LLC ("MDP") in a transaction valued at roughly $...

GlaxoSmithKline Plc. (GSK) recently received good news in the form of European approval for its oral thrombopoetin agonist, Revolade (eltrombopag). The European Commission (EC) granted marketing approval to the product for the oral treatment of thrombocytopenia or reduced platelet count in adults...