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Stock Market & Financial Investment News

News Breaks
January 10, 2013
16:03 EDTBMSBemis announces new reportable business segments
Bemis Company announced that it has realigned its segment reporting. As a result, Bemis will report business segment information for three reportable segments as follows: U.S. Packaging, Global Packaging, and Pressure Sensitive Materials. The Pressure Sensitive Materials business segment is unchanged.
News For BMS From The Last 14 Days
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July 23, 2015
07:13 EDTBMSBemis narrows FY15 adjusted EPS view to $2.52-$2.62 from $2.52-$2.67
Consensus is $2.59. Commenting on the remainder of the year, the company stated, “Our updated EPS guidance reflects the impact of currency translation, partially offset by the benefits of cost discipline. We continue to execute our innovation pipeline to grow our business with the right mix of products. We have improved the timing of our capital projects that will support productivity improvements and future growth; I am confident in the results these investments will bring. We are keenly focused on continuing to deliver progress toward our long term margin targets.” Management is raising its capital expenditures outlook for 2015 to be in the range of $200 million to $215M, an increase from its previous outlook of $185M-$200M. This increase reflects the improved timing of executing planned projects to support growth and operational efficiency. Management expects an effective income tax rate for the full year 2015 of slightly less than 34%.
07:11 EDTBMSBemis reports Q2 EPS 67c, consensus 68c
Reports Q2 revenue $1.03B, consensus $1.05B.
July 21, 2015
17:01 EDTBMSBemis to acquire Brazilian manufacturer Emplal Participações
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