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Containers and Packaging

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  • Graphic Packaging matches Street 2Q forecasts Thursday, 23 Jul 2015 | 8:15 AM ET

    ATLANTA _ Graphic Packaging Holding Co. on Thursday reported second-quarter net income of $57.6 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share. Graphic Packaging shares have risen 8 percent since the beginning of the year.

  • Bemis misses Street 2Q forecasts Thursday, 23 Jul 2015 | 7:15 AM ET

    NEENAH, Wis. _ Bemis Co. on Thursday reported second-quarter profit of $65.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Five analysts surveyed by Zacks expected $1.04 billion.

  • Cenveo reports 2Q loss Wednesday, 22 Jul 2015 | 5:12 PM ET

    STAMFORD, Conn. _ Cenveo Inc. on Wednesday reported a loss of $2.4 million in its second quarter. The Stamford, Connecticut- based company said it had a loss of 4 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Packaging Corp. beats 2Q profit forecasts Tuesday, 21 Jul 2015 | 5:21 PM ET

    LAKE FOREST, Ill. _ Packaging Corp. of America on Tuesday reported second-quarter earnings of $114 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share. Five analysts surveyed by Zacks expected $1.48 billion.

  • Crown beats 2Q profit forecasts Monday, 20 Jul 2015 | 5:18 PM ET

    PHILADELPHIA _ Crown Holdings Inc. on Monday reported second-quarter profit of $142 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Six analysts surveyed by Zacks expected $2.4 billion.

  • The U.S. Federal Aviation Administration also issued a statement acknowledging that testing it has "conducted on the transport of lithium batteries has indicated that it presents a risk." The guidance sent to airlines around the globe urged that they not carry the batteries as cargo "until safer methods of packaging and transport are established and...

  • Citigroup and Netflix are big market movers Thursday, 16 Jul 2015 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Philip Morris International Inc., up $2.62 to $85.29. The Sherwin-Williams Co., down $20.93 to $261.23.

  • Sonoco misses Street 2Q forecasts Thursday, 16 Jul 2015 | 8:39 AM ET

    HARTSVILLE, S.C. _ Sonoco Products Co. on Thursday reported second-quarter earnings of $62.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Five analysts surveyed by Zacks expected $1.28 billion.

  • U.S. House committee approves anti-GMO labeling law Tuesday, 14 Jul 2015 | 4:54 PM ET

    July 14- U.S. food companies and other opponents of genetically modified food labeling notched a key victory on Tuesday as the House Agriculture Committee approved a measure banning mandatory labeling as well as local efforts to regulate genetically engineered crops. "This... legislation will ensure that Americans have accurate, consistent information...

  • The FDA set a national standard for restaurant chains with 20 or more outlets late in 2014, to raise awareness about the risk of obesity posed by fatty, sugary foods as part of the Affordable Care Act. The labeling of combo-meals, promotional items, and how the FDA plans to enforce the rule are other areas of uncertainty, she added. At the time of publication in...

  • TCS opens up on earnings Wednesday, 8 Jul 2015 | 8:00 AM ET
    TCS opens up on earnings

    The Container Store's Q1 earnings were better than expected.

  • Don't worry, you can still pop the new Bubble Wrap Thursday, 2 Jul 2015 | 3:09 PM ET
    Bubble Wrap

    Bubble Wrap has been a packaging staple since the '60s, but now the company behind it is making some big changes.

  • NEW YORK, June 23- New York has fined four makers of liquid nicotine used in electronic cigarettes over packaging that was too easy for children to open, in violation of a law enacted last year after a toddler died from ingesting the substance, the state's top prosecutor said on Tuesday. New York Attorney General Eric Schneiderman announced a settlement with four...

  • SHANGHAI, May 28- Zhuhai Zhongfu Enterprise Co. Ltd, a Chinese bottle manufacturer, is poised to become the fourth firm to publicly default in China's onshore bond markets today. The firm has not raised sufficient funds to fully repay principal and interest due to investors on May 28, company statements posted on the Shenzhen Stock Exchange website on May 27...

  • May 13- Owens-Illinois Inc, which makes bottles for Corona and Pepsi, is to buy Mexico's Vitro SAB's glass container business for about $2.15 billion to strengthen its operations in a country that houses numerous distilleries and bottlers. Mexico houses operations for Diageo, Heineken, Corona maker Constellation Brands Inc as well as bottling operations for...

  • MONTREAL, May 1- A United Nations civil aviation-led panel on Friday called for improved, fire-resistant packaging to ship lithium batteries, which pilots and plane makers say pose a fire risk. The International Civil Aviation Organization's dangerous goods panel agreed this week to set up a group of experts to develop safer packaging for the transport of...

  • MEXICO CITY, April 30- Mexican retailer and bottling company Femsa on Thursday said its first-quarter profit rose 26 percent compared with a year earlier, boosted by store openings in its retail division and a one-time gain from its stake in Heineken. The company, which co-owns Coke bottler Coca-Cola Femsa and operates the Oxxo chain of convenience stores,...

  • The FDA issued the guidelines to help clarify what changes require regulatory approval under the 2009 Tobacco Control Act. The guidelines go far beyond that authority, the plaintiffs said, by requiring FDA authorization to make any labeling changes that would render a product already on the market "distinct," like a name change. Although the FDA has framed the...

  • CARACAS, March 13- Venezuela said on Friday it has started the process of filing for the annulment of an award that orders the South American country to pay U.S. bottle maker Owens-Illinois $455 million in compensation for nationalizations. Seeking an annulment will automatically stay the award, Venezuela added, buying the cash-strapped OPEC nation time as it...

  • CARACAS, March 12- U.S. bottle maker Owens-Illinois said on Thursday it had been awarded over $455 million in a nationalization claim against Venezuela, though a lawyer for the South American country said it was likely to seek an annulment. "If Venezuela fails to meet its obligations, OIEG will seek to enforce the award against Venezuela's assets around the world...