Crown Holdings sees FY14 comparable EPS $3.15-$3.35, consensus $3.82 Says feels 'very confident' about various initiatives headed its way in FY14. Sees FY14 comparable EPS $3.15-$3.35. Sees Q1 EPS ex-items 45c-46c, consensus 57c. Sees pension expansion $63M in FY14. Sees 25% effective tax rate in FY14. Expects FY14 FY free cash flow $450M ex items with capital spending 275M. Comments made during the company's Q4 earnings conference call.
Ball Corp. near deal to acquire Rexam, WSJ reports Ball Corp. (BLL) is close to acquiring Rexam (REXMY) in a deal that could be announced this week, Wall Street Journal reports, citing people familiar with the matter. The companies confirmed earlier this month that they were in merger talks. A combination would create the largest beverage-can maker in the world. Peers of Ball include Crown Holdings (CCK), Owens-Illinois (OI) and Silgan Holdings (SLGN). Reference Link