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
Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...
Sanderson Farms, an integrated poultry processing company, has been hit by a class action lawsuit filed in a US district court in New York for allegedly making misleading statements to its investors. Pomerantz, a law firm with presence in ...
US-based Berlin Packaging has closed the acquisition an Italian company Bruni Glass to expand its presence in European glass markets. The combined company is expected to have annual sales in excess of $1.2bn by the end of 2016 and a ...
Tags: Berlin Packaging, Bruni Glass
Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
In its war against Apple et al, Samsung is dragging the production of more and more smartphone components under its own banner. Samsung has been developing fingerprint sensor chips since last year, with a view to begin manufacturing the ...
Tags: Galaxy, Smartphones
Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...
Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging
Global shipments of small- to medium-size panels will decrease from 2.647 billion units in 2017 to 2.189 billion units in 2021 or a CAGR of negative 4.6%, according to Digitimes Research. The decrease will be mainly due to fast growing ...
Tags: LG Display, LCD
Chinese handset maker Elephone has launched a new phone that looks eerily similar to Samsung's Galaxy S7 Edge, but costs just a fraction of the price. The handset is available to pre-order now, and not only does it look an awful lot like ...
Baosteel Group, the largest steel smelter in China by output, has predicted yearly profit growth of six to eight fold this year. The company registered 8.1 billion yuan ($1.2 billion) of profits in the first three quarters, up 174.6 ...
Tags: Iron, Steel, Steed Bar, Medium Plates, Cold-Rolled Sheets
Snake Oil, Hex Casters and Acquire are now part of the Hasbro family. Hasbro has boosted its games portfolio with the acquisition of three new titles: Hex Casters, Acquire and Snake Oil. Aquire sees players compete with other venture ...
Tags: Hasbro, Bolsters Games
Sacmi plans to showcase its new IPS 400 machine at the Gulfood Manufacturing 2016 event. Also on show: integrated Sacmi solutions for the beverage industry, from stretch-blow moulding to filling, plus the new COLORACAP for the digital ...
US-based Berlin Packaging has agreed to acquire Italy’s Bruni Glass to expand its presence in the European glass markets. Bruni is engaged in providing glass packages for spirits, wine, food, and gourmet applications. Upon ...
Tags: Berlin Packaging, Packaging