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Packaging Reports In line Earnings - Analyst Blog
Tuesday, January 25, 2011 - 9:31am | 414Packaging Corporation of America (PKG) reported net sales of $627 million in the fourth quarter of 2010, up 18% year over year, but was short of the Zacks Consensus Estimate of $635 million. Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products...
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Packaging Corp. of America's 4Q2010 EPS in Line with Goldman Sachs
Tuesday, January 25, 2011 - 9:21am | 120Goldman Sachs is out with its report on Packaging Corp. of America's (NYSE: PKG), after PKG reported 4Q2010 EPS of $0.52. In a note to clients, Goldman Sachs writes, "Packaging Corp (PKG) reported 4Q2010 EPS (ex. items) of $0.52, inline with our estimate and a penny shy of consensus. Modestly lower...
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Packaging Reports In line Earnings - Analyst Blog
Tuesday, January 25, 2011 - 9:15am | 414Packaging Corporation of America (PKG) reported net sales of $627 million in the fourth quarter of 2010, up 18% year over year, but was short of the Zacks Consensus Estimate of $635 million. Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products...
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SEE 4Q In-Line With Goldman Sachs Estimates And Consensus
Tuesday, January 25, 2011 - 8:14am | 129Sealed Air Corporation (NYSE: SEE) reported 4Q2010 EPS (excluding one-items) of $0.46, “in line with our estimate and consensus,” Goldman Sachs reports. “Slightly weaker operating income was offset by modestly lower interest expense and tax rate vs. our forecasts,” Goldman Sachs writes. “Overall,...
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Deutsche Bank Raises PT On Rock-Tenn Company
Tuesday, January 25, 2011 - 7:50am | 27Deutsche Bank has raised the price target on Rock-Tenn Company (NYSE: RKT) from $65 to $80 and maintains its Buy rating.
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Packaging Corporation of America Reports Q4 EPS $.54 vs. $.53
Monday, January 24, 2011 - 5:00pm | 123Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2010 net income of $55 million, or $0.54 per share. Reported results include a $5 million, or $0.05 per share, addition to income from cellulosic bio-fuel tax credits generated in 2009, and after-tax, non-cash charges...
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Options Brief: Boise Inc. (BZ)
Monday, January 24, 2011 - 4:00pm | 87Shares of Boise Inc. (NYSE: BZ) are higher on the session by 3.40%, trading at $8.51. Overall put volume is now running at 2.33x the daily average, with 92% of all puts traded being purchases on the offer. 1,666 contracts have traded on the session so far. Boise Inc. is a manufacturer of packaging...
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Sealed Air's EPS and Revenues Up - Analyst Blog
Monday, January 24, 2011 - 3:31pm | 1166Sealed Air Corporation (SEE) delivered adjusted EPS of 46 cents for the fourth quarter ended December 31, 2010, on par with the Zacks Consensus Estimate. Earnings per share in the quarter manifested a 15% increase over 40 cents in the year-ago quarter. Growth across all of its segments,...
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Sealed Air's EPS and Revenues Up - Analyst Blog
Monday, January 24, 2011 - 3:00pm | 1166Sealed Air Corporation (SEE) delivered adjusted EPS of 46 cents for the fourth quarter ended December 31, 2010, on par with the Zacks Consensus Estimate. Earnings per share in the quarter manifested a 15% increase over 40 cents in the year-ago quarter. Growth across all of its segments,...
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Morning Market Movers (CLDA, OCCF, SSCC, GXDX)
Monday, January 24, 2011 - 9:54am | 167Clinical Data Inc (NASDAQ: CLDA) climbed 55.22% to $23.33 at 9:50 am. The Food and Drug Administration (FDA) approved the CLDA's depression drug Viibryd. Optical Cable Corporation (NASDAQ: OCCF) shares surged 35.14% to $5.00. OCCF reported 31.1% y/y surge in its Q4 net sales. Smurfit-Stone...
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Goldman Sachs Has Buy On Rock-Tenn Company (RKT)
Monday, January 24, 2011 - 7:24am | 202Goldman Sachs has a Buy rating on shares of Rock-Tenn Company (NYSE: RKT). In a note to clients, Goldman writes, "RockTenn (RKT) announced that it has mutually agreed to acquire Smurfit- Stone (SSCC) for $35 per share (a 27% premium to SSCC's close of $27.52 on 1/21/2011) plus the assumption of net...
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US Stock Futures Mixed As Investors Await Earnings Reports, McDonald's In Focus
Monday, January 24, 2011 - 6:45am | 393US stock futures are mixed this morning, as investors are awaiting earnings report from McDonald's Corp (NYSE: MCD) and other major companies. Futures on the Dow Jones Industrial Average gained 3 points to 11,825.00, while S&P 500 futures lost 0.20 point to 1,279.50. Nasdaq 100 futures rose 0....
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Rock-Tenn To Acquire Smurfit-Stone For $3.5B
Sunday, January 23, 2011 - 10:58pm | 149Rock-Tenn (NYSE: RKT), the package and container maker, will acquire rival Smurfit-Stone Container (NYSE: SSCC) for $3.5 billion. With annual revenue of $9 billion, the combined company will be one of the largest producers of paperboard in North America. The deal values Smurfit-Stone's common...
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, January 20, 2011 - 8:31am | 338Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Aixtron AG (AIXG) Alliance Holdings (AHGP) Bemis (BMS) Bryn Mawr Bank Corp (BMTC) Campbell Soup (CPB) View the entire Zacks #5 Rank List. ALLIANCE HLDGS (AHGP): Free Stock Analysis Report AIXTRON AG-ADR (AIXG): Free Stock...
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, January 20, 2011 - 8:14am | 338Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Aixtron AG (AIXG) Alliance Holdings (AHGP) Bemis (BMS) Bryn Mawr Bank Corp (BMTC) Campbell Soup (CPB) View the entire Zacks #5 Rank List. ALLIANCE HLDGS (AHGP): Free Stock Analysis Report AIXTRON AG-ADR (AIXG): Free Stock...