Materials and Metals Containers and Packaging

  • NEW YORK _ Multi Packaging Solutions International Ltd. on Monday reported a loss of $6.7 million in its fiscal fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. Multi Packaging Solutions shares have declined 16 percent since the beginning of the year.

  • District Judge Amit Mehta in Washington, D.C., on Tuesday vacated part of an FDA directive stating tobacco companies may need the agency's clearance to market products with significant labeling modifications, such as a change in color or logo. The ruling comes in a lawsuit filed last year by subsidiaries of Imperial Brands, Reynolds American Inc and Altria...

  • District Judge Amit Mehta in Washington, D.C., on Tuesday vacated part of an FDA directive stating tobacco companies may need the agency's clearance to market products with significant labeling modifications, such as a change in color or logo. The ruling comes in a lawsuit filed last year by subsidiaries of Imperial Brands, Reynolds American Inc and Altria...

  • VILLE ST LAURENT, Quebec _ Intertape Polymer Group Inc. on Thursday reported second-quarter net income of $13.7 million. Intertape Polymer shares have increased 14 percent since the beginning of the year. Keywords: Intertape Polymer Group, Earnings Report.

  • HOUSTON, Aug 3- Targa Resources on Wednesday said three liquefied petroleum gas export cargoes were canceled out of its Galena Park terminal near Houston, Texas in the past two months amid fluctuating Asian demand and collapsing prices. In June, Targa sued China Soft Packaging Group in the Harris Country District Court in Texas over allegations it failed to...

  • July 7- The U.S. Senate on Thursday approved legislation that would for the first time require food to carry labels listing genetically-modified ingredients, which labeling supporters say could create loopholes for some U.S. crops. The Senate voted 63-30 for the bill that would display GMO contents with words, pictures or a bar code that can be scanned with...

  • The deal has also won antitrust approval in Europe and Brazil. The two companies account for 60 percent of beverage can supply in North America, 69 percent in Europe and 74 percent in Brazil, according to Morningstar analysts. European packaging maker Ardagh Group has agreed to buy divested assets for $3.42 billion, including 12 plants in Europe, eight in the...

  • TAIPEI, June 14- Taiwan stocks were little changed on Tuesday amid continued uncertainties in global economies and as Asian shares slipped on mounting worries ahead of a referendum in Britain that could see it exiting the European Union. The main TAIEX index was nearly unchanged at 8,533.77 as of 0149 GMT, after closing nearly 2.1 percent lower in the previous...

  • The penalty is the largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of at least 24 hazardous materials violations in recent years. The FAA alleged that on Oct. 15, 2014, Amazon sent a UPS package with a one-gallon container of "Amazing! The package leaked and nine UPS employees who came into contact with the box reported...

  • The penalty is the largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of at least 24 hazardous materials violations in recent years. The FAA alleged that on Oct. 15, 2014, Amazon sent a UPS package with a one-gallon container of "Amazing! The package leaked and nine UPS employees who came into contact with the box reported...

  • The penalty is largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of hazardous materials violations. The FAA alleged that on Oct. 15, 2014, Amazon sent a UPS package with a one-gallon container of "Amazing! It was not clear how many total times Amazon paid fines or admitted responsibility, since the FAA does not issue press...

  • *4th- qtr sales $1.81 bln vs est. *Profit $1.44/ share vs est. Smucker Co's quarterly net sales jumped 25 percent, beating analysts' estimates, as demand rose for its Folgers and Dunkin' Donuts branded coffee and its pet foods.

  • JOHANNESBURG, June 1- South African packaging manufacturer Nampak scrapped its half-year dividend on Wednesday and said it would reduce its property portfolio to cut debt, sending its shares tumbling 10 percent. The firm's debt has ballooned to more than 7.4 billion rand in the past five years as the dollar-denominated part of it grew as the rand weakened and...

  • TAIPEI, May 30- Taiwan stocks rose on Monday on bargain hunting and led by further gains in Advanced Semiconductor Engineering Inc after the top chip and test packaging company said last week it would join hands with a rival to form a new holding company. On Thursday, ASE and Siliconware Precision Industries Co Ltd, the island's top two chip and test packaging...

  • WHITE HOUSE, FDA ANNOUNCE MODERNIZED NUTRITION FACTS LABEL FOR FOOD PACKAGING- STATEMENT.

  • *High Court finds new rules valid, lawful in all respects. LONDON, May 19- Britain got the go-ahead on Thursday to make plain packaging compulsory on cigarettes when a court rejected a legal challenge brought by the world's top four tobacco companies. In its ruling, the High Court highlighted the moral dimension to the new regulations.

  • LONDON, May 19- Britain got the go-ahead on Thursday to make plain packaging compulsory on cigarettes when a UK court rejected a legal challenge brought by the world's top four tobacco companies. Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Brands had argued the law, due to come into force on Friday,...

  • LONDON, May 19- Britain can go ahead with implementing its plan to require "plain packaging" on cigarettes this month, after the English High Court on Thursday rejected a legal challenge brought by Big Tobacco companies.

  • Businessman toasting

    Ball Corp. said it along with rival Rexam agreed to sell some assets to Luxembourg-based packaging maker Ardagh Group for about $3.42 billion.

  • The deal would include the sale of about a fifth of the companies' combined can making or producing plants across Europe, Brazil and the United States, Ball said in a statement on Monday. However, the deal earlier ran foul with European antitrust regulators as it would give the enlarged entity considerable market share in Europe, the United States and Brazil.