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Stock Market & Financial Investment News

News Breaks
January 18, 2013
12:21 EDTSONSonoco Products announces price increase for all paperboard tubes, cores
Sonoco announced that it will raise the price for all paperboard tubes and cores by 4%, effective with shipments in the United States and Canada beginning Feb 18. "This price increase is necessary to recover recently announced paperboard price increases and other inflationary inputs impacting our converting cost," said James Harrell, vice president, Tubes and Cores-North America.
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April 17, 2014
09:43 EDTSONSonoco Products management to meet with Oppenheimer
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07:36 EDTSONSonoco Products sees FY14 base EPS $2.43-$2.53, consensus $2.50
The company's 2014 guidance range reflects an expectation of a 33% effective tax rate for the year. Free cash flow is expected to be approximately $130M in 2014, compared to $245M in 2013. The year-over-year reduction reflects expectations for higher income tax payments, an increase in pension and post retirement plan contributions and a greater, but more-normal, use of cash for working capital.
07:35 EDTSONSonoco Products sees Q2 base EPS 63c-67c, consensus 66c
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07:34 EDTSONSonoco Products reports Q1 base EPS 52c, consensus 51c
Reports Q1 revenue $1.19B, consensus $1.2B.
April 16, 2014
11:41 EDTSONSonoco board increases quarterly dividend to 32c from 31c
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11:39 EDTSONSonoco to invest $20M for new Malaysian composite can plant
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