Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...
Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
Electric car-maker Tesla Motors has agreed to acquire German company Grohmann Engineering. Accelerating a sustainable energy future is only possible with high-volume factories. They allow us to manufacture high-quality products with ...
Tags: Tesla, Engineering
WestRock Company, a provider of differentiated paper and packaging solutions, announced results for its fourth quarter and fiscal year ended 30 September 2016. Fourth Quarter 2016 Highlights Recorded a loss of $0.34 per diluted share ...
Tags: WestRock, paper packaging
American whiskey producer Beam Suntory has opened a new barrel warehouse in Frankfort, located in the US state of Kentucky. The seven-story building is the first new barrel warehouse in Frankfort since 1968. Spanning over ...
Tags: Beam Suntory, whiskey
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has priced its public offering of 15,000,000 shares of its common stock at $8.35 per share. In addition, Oclaro has granted the ...
Tags: Oclaro, common stock, public offering
Drinks giant Diageo is reportedly planning to slash around 400 jobs at its London office in order to boost profits and reduce expenditures. The move from the company is seen to be a part of a three-year initiative designed to save ...
Tags: Diageo, cut jobs, headquarters
Thrace Plastics Group posted an increase in turnover and earnings during the first half of the current financial year compared to the same period of 2015. The purpose of the current release is to present the Group’s financial ...
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) says that it intends to offer (subject to market conditions and other considerations) 13,000,000 newly issued shares of common ...
United Natural Foods has reported financial results for the fourth fiscal quarter and fiscal year ended 30 July 30, 2016. Fourth Quarter and Full Year Fiscal 2016 Highlights Net sales for the fourth quarter of fiscal 2016 increased 7.4% ...
China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...