BROOMFIELD, Colo. _ Ball Corp. on Thursday reported profit of $147.4 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Analysts expected $2.29 billion, according to Zacks.» Read More
NEENAH, Wis. _ Bemis Co. on Thursday reported net income of $17 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 67 cents per share. Analysts expected $1.23 billion, according to Zacks.
Dow Chemical said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions that have helped boost margins.
Oct 22- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions that have helped boost margins. Rival Dupont has said it plans to shave off $1 billion of annual costs by 2019.. Ethane crackers in North America could maintain their cost advantage status even at $80 oil,...
*Adjusted profit $0.72 per share vs est $0.68. *Revenue up 5 pct at $14.41 billion. Oct 22- Dow Chemical Co reported a better-than-expected profit as margins rose for the ninth straight quarter in its plastics business, its biggest, due to low raw material costs.
GREENSBORO, N.C.— A North Carolina company is recalling nearly 12,000 boxes of pain relief tablets sold at Dollar Tree stores because some cartons contain a different medication that could cause allergic reactions. Greensboro- based Contract Packaging Resources Inc. says it mistakenly placed bottles of ibuprofen inside boxes sold at Dollar Tree stores...
ATLANTA _ Graphic Packaging Holding Co. on Tuesday reported third-quarter net income of $53 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Analysts expected $1.1 billion, according to Zacks.
LAKE FOREST, Ill. _ Packaging Corp. of America on Monday reported earnings of $104.4 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.26 per share. Analysts expected $1.5 billion, according to Zacks.
CHICAGO, Oct 13- The Kroger Co, the biggest U.S. supermarket operator, said on Monday it will remove the "humanely raised" claims from a store brand of chicken to settle a federal lawsuit claiming the retailer deceived consumers because the animals were raised under standard commercial farming conditions. Kroger and the lawyers for a California consumer filed a...
PARIS, Sept 25- France's health ministry on Thursday unveiled tough measures geared at stamping out smoking among young people, with a planned rollout of brandless cigarette packets and curbs on advertising for electronic cigarettes.
Gerry Wang, CEO of Seaspan, describes how the shipping industry has fared amid the global economic recovery.
AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..
Aug 25- Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain- based investment firm Investcorp Bank BSC. Chicago- based Berlin Packaging, founded in 1898, makes rigid plastic, glass and metal containers.
NEW YORK, Aug 6- TricorBraun Inc is planning a sale process that could value the provider of jars and bottles to the cosmetics, healthcare and food and drink industries at more than $1.3 billion, including debt, according to people familiar with the matter.
Aug 6- Apollo Global Management LLC said on Wednesday its second-quarter earnings fell 6 percent, missing most analysts' expectations, as it sold fewer of its private equity holdings while taxes and expenses rose. Blackstone Group LP, KKR& Co LP and Carlyle Group LP all posted bumper profits for the quarter.
July 29- International Paper Co, the largest corrugated box maker in North America, posted a higher-than-expected profit on Tuesday, citing slowly returning demand in the United States and Europe. For the second quarter, the company posted net income of $161 million, or 37 cents per share, compared with $259 million, or 57 cents per share, a year earlier.
*Strike has forced Toyota, GM, Ford to halt production. CAPE TOWN, July 16- South Africa's main manufacturing union, NUMSA, said it has agreed a plan of action to intensify a three-week strike over pay that has hit car makers and construction companies.
GLAXOSMITHKLINE RECALLS PAINKILLER IN PUERTO RICO@. July 14- GlaxoSmithKline Plc recalled about 10,600 bottles of its painkiller sold in Puerto Rico after finding the packaging was not child-resistant as required by the Poison Prevention Packaging Act.
Jonathan Windham, Head of Asia Ex-Japan Transport and Infrastructure Research at Barclays, says China rejected an alliance of three major liners in order to protect its domestic shippers.
NEW YORK, June 10- Buyout firm Odyssey Investment Partners LLC is exploring a sale of Ranpak Corp that could value the company, one of the world's largest producers of protective paper packaging materials, at close to $1 billion, according to people familiar with the matter.
*Goodpack says in talks with one party on possible transaction. *Australia's Brambles ended talks in March to buy Goodpack. HONG KONG, May 19- KKR& Co is nearing a deal to buy Singapore's Goodpack Ltd, the world's largest maker of intermediate bulk containers which has a market value of S $1.36 billion, sources with direct knowledge of the matter said.