Ball downgraded to Market Perform from Outperform at Wells Fargo (pre-open) Wells Fargo downgraded Ball earlier today citing valuation and weaker 2013 earnings growth due to a recent beverage can contract loss. The firm maintained a $45-$48 price target range for shares.
Ball Corp. to resume producing beverage can ends in Lublin, Poland Ball Corporation announced plans to expand capacity for ends at its existing plant in Lublin, Poland, for customers in central and eastern Europe. Built in 2008, the Lublin facility was originally constructed to produce metal beverage cans. The initial end module is expected to begin production in Q2.