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Materials and Metals Containers and Packaging

  • HARTSVILLE, S.C. _ Sonoco Products Co. on Thursday reported third-quarter profit of $72.8 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Five analysts surveyed by Zacks expected $1.27 billion.

  • PHILADELPHIA _ Crown Holdings Inc. on Wednesday reported third-quarter earnings of $177 million. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.41 per share. Five analysts surveyed by Zacks expected $2.41 billion.

  • *Spain's IBEX up 1.3 pct; STOXX 600 flat. MILAN, Oct 11- Spanish shares rebounded sharply in a flat European market on Wednesday on hopes that a big political crisis in the euro zone's fourth largest economy could de-escalate after Catalonia stopped short of declaring formal independence from Madrid. Spanish stocks have lagged their European peers this month...

  • *FTSE 100 steadies near two-month highs. The FTSE 100 closed down 0.06 percent at 7,533.81 points with financials and materials firms being the biggest drags on the index. The FTSE has moved a long way already and it looks quite toppy, "said Rory McPherson, head of investment strategy at Psigma Investment Management.

  • *FTSE 100 steadies near two-month highs. The FTSE 100 drifted slightly lower, down 0.03 percent with materials firms the biggest drags on the index and mid-caps falling in line. The FTSE has moved a long way already and it looks quite toppy, "said Rory McPherson, head of investment strategy at Psigma Investment Management.

  • *STOXX 600 flat; Spain's IBEX up 1.5 pct. LONDON, Oct 11- Spanish stocks outperformed a lacklustre European market on Wednesday as Catalonia's leader stopped short of declaring formal independence from Spain, allaying fears over a constitutional crisis in the region and boosting shares in banks. "There is a perception in the market that, while this is a difficult...

  • LONDON, Oct 11- Spanish stocks led a rebound in European shares on Wednesday as Catalonia's leader stopped short of declaring formal independence from Spain, allaying fears over a constitutional crisis in the region and boosting shares in banks. The pan-European STOXX 600 index was up 0.1 percent in early deals, while Spain's benchmark IBEX was the standout...

  • WASHINGTON, Oct 5- The U.S. Commerce Department said on Thursday it would defer issuing its preliminary determination in an anti-dumping duty probe into imports of aluminum foil from China. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, department figures show. That clause expired last December and China has called on the...

  • *Maersk says waste shipments into China have declined. The city's system for dealing with its paper waste has been failing since China in July imposed a ban on imports of 24 types of rubbish, as part of a campaign against "foreign garbage" and environmental pollution, including unsorted scrap paper. Traditional suppliers of waste paper to China include Europe, the...

  • NEW YORK, Sept 6- Activist investor Trian Partners on Wednesday released its long-awaited plan to boost shares of Procter& Gamble Co, detailing changes intended to streamline and rejuvenate the maker of Crest toothpaste, Tide laundry detergent and Pampers diapers. The release of the 94- page proposal comes as the two sides are locked in a battle over efforts by...

  • NEW YORK, Sept 6- Activist investor Trian Partners on Wednesday released its long-awaited plan to jolt shares of Procter& Gamble Co, detailing changes intended to streamline and rejuvenate the maker of Crest toothpaste, Tide laundry detergent and Pampers diapers. The release of the 94- page proposal comes as the two sides are locked in a battle over efforts by...

  • *BHP, Rio Tinto, Glencore back from commodities crash. SYDNEY/ LONDON, Aug 31- Global mining heads may have thought they'd seen it all in the last five years, navigating a recovery after a commodities boom turned to bust. It comes just in time for Ken MacKenzie, who starts as chairman of BHP, the world's biggest miner, on Sept. 1.

  • BEIJING, Aug 14- A Chinese metals industry association confirmed on Monday that the nation's aluminum sector would mount a legal challenge to the U.S. Department of Commerce's preliminary decision to impose antidumping tariffs on imports of Chinese aluminum foil. Documents reviewed by Reuters last week show that Shanghai- based Loften Aluminium, China's...

  • BEIJING, Aug 10- China urged the U.S. government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision to slap anti-dumping duties on Chinese aluminum foil. Washington has previously made similar claims about China's banking sector, unreasonably...

  • BEIJING, Aug 10- China urged the U.S. government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision to slap anti-dumping duties on Chinese aluminum foil. In a statement posted on the Ministry of Commerce's Wechat account, the government said the...

  • BEIJING, Aug 9- China's top aluminum foil producers are preparing a legal defense challenging a preliminary U.S. ruling on Wednesday that would impose hefty penalties on imports from the world's top producers, two sources familiar with the matter said. Loften Aluminum, China's top foil exporter to the United States, is joining 11 other firms to fight the ruling,...

  • BEIJING, Aug 9- China's top aluminum foil producers are preparing to launch a legal defense challenging a preliminary U.S. ruling on Wednesday to impose hefty penalties on imports from the world's top producers, two sources familiar with the matter said. Loften Aluminum, China's top foil exporter to the United States, is joining 11 other companies to fight the...

  • WASHINGTON, Aug 8- The U.S. Commerce Department said on Tuesday it made a preliminary finding that imports of aluminum foil from China are subsidized, and it imposed countervailing duties ranging from 16.56 percent to 80.97 percent. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, Commerce Department figures show.

  • WASHINGTON, Aug 8- The U.S. Commerce Department said on Tuesday it made a preliminary finding that imports of aluminum foil from China are subsidized, and it imposed countervailing duties ranging from 16.56 percent to 80.97 percent. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, Commerce Department figures show.

  • Aug 7- Pershing Square Capital Management LP proposed three nominees on Monday, including its Chief Executive Officer William Ackman, to serve on the board of Automatic Data Processing Inc, setting the stage for a proxy contest with the human resources outsourcing company. Pershing Square, which has accumulated an 8 percent stake in ADP, said it would put...