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Stock Market & Financial Investment News

News Breaks
January 30, 2013
16:09 EDTOIOwens-Illinois reports Q4 adjusted EPS 40c, consensus 37c
Reports Q4 revenue $1.75B, consensus $1.75B.
News For OI From The Last 14 Days
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March 2, 2015
07:25 EDTOIPackaging sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded the Packaging sector to Market Weight from Overweight saying current valuation levels reflect known catalysts. Wells made no stock rating changes along with the sector, and continues to view International Paper (IP) and Crown Holdings (CCK) as its top picks. Other Outperform ratings in the space include Berry Plastics (BERY), Greif (GEF), Owens-Illinois (OI) and Packaging Corp. (PKG).
February 18, 2015
13:04 EDTOIBall 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

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