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Ball Corp (BLL)

BLL on New York Consolidated

42.30USD
20 Oct 2017
Change (% chg)

$0.36 (+0.86%)
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$41.94
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$42.19
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$42.30
Day's Low
$41.92
Volume
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Latest Key Developments (Source: Significant Developments)

Jiangsu LiXing General Steel Ball sees Q1 to Q3 of FY 2017 net profit up 20 pct to 45 pct
Wednesday, 11 Oct 2017 01:59am EDT 

Oct 11(Reuters) - Jiangsu LiXing General Steel Ball Co Ltd <300421.SZ>:Sees Q1 to Q3 of FY 2017 net profit to increase by 20 percent to 45 percent, or to be 49.2 million yuan to 59.4 million yuan.Says Q1 to Q3 of FY 2016 net profit was 41 million yuan.Says steady growth of business income and sales volume and inclusion of wholly owned steel ball unit are the main reasons for the forecast.  Full Article

Ball to reduce capacity in U.S. steel food packaging business
Wednesday, 27 Sep 2017 09:01am EDT 

Sept 27 (Reuters) - Ball Corp :Ball to reduce capacity in U.S. steel food packaging business.Ball Corp -will cease food can production at company's Springdale, Arkansas, tinplate food and aerosol packaging manufacturing plant during Q4 of 2017.Ball Corp - Springdale plant will continue to produce and assemble aerosol cans, cut and coat flat sheet steel, and produce components used by other ball food and aerosol facilities​.Ball Corp -affected employees will be provided benefits in accordance with company policies. They also can apply for open positions within ball.  Full Article

Ball to cease production at three beverage packaging plants
Wednesday, 30 Aug 2017 09:45pm EDT 

Aug 30 (Reuters) - Ball Corp :Ball to cease production at three beverage packaging plants, build state-of-the-art specialty beverage packaging facility in Southwestern U.S..Will begin construction on new beverage packaging facility in Goodyear, Arizona, expected to begin production in Q2 of 2018.Will record a total after-tax charge of approximately $22 million, majority being recorded in Q3 2017.Ball corp - Birmingham, Chatsworth And Longview employees may be provided benefits and outplacement services in accordance with bargaining process.  Full Article

Ball announces $100 million accelerated stock repurchase
Monday, 7 Aug 2017 06:00am EDT 

Aug 7 (Reuters) - Ball Corp :Ball announces $100 million accelerated stock repurchase.Transaction will commence today and reduce Ball's outstanding common stock by a total of approximately 2.5 million shares.Ball Corp says reached agreement to repurchase about $100 million of its stock in privately negotiated accelerated stock repurchase with Goldman Sachs & Co.Approximately 18 million shares remain available for repurchase under company's existing authorization.  Full Article

Ball Corp reports Q2 GAAP earnings per share $0.28
Thursday, 3 Aug 2017 06:00am EDT 

Aug 3 (Reuters) - Ball Corp :Ball reports improved second quarter 2017 operating results; reaffirms goals.Q2 GAAP earnings per share $0.28.Q2 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Ball Corp - ‍reaffirm our financial goals for 2017 and 2019 comparable EBITDA and free cash flow​.Ball Corp - ‍are on track to recognize at least $150 million of targeted $300 million plus synergies in 2017​.Ball Corp - ‍quarter-end contracted backlog of $1.25 billion is expected to remain at high levels through year-end​.Ball Corp - company reaffirms 2017 and 2019 comparable ebitda and free cash flow goals.Ball - ‍quarter-end aerospace contracted backlog will further support anticipated year-over-year segment earnings improvement in H2 of 2017, beyond​.Ball Corp sees ‍2017 capital spending of at least $500 million​.Ball Corp sees 2017 free cash flow is estimated to be in excess of $850 million.Ball Corp sees ‍remains on pace to deliver on its near- and long-term goals, and in second half of 2017​.Ball Corp - ‍quarter-end net debt of $7.1 billion is down from $7.5 billion at end of Q1​.Ball Corp qtrly ‍net sales $2,855 million versus $2,030​ million.Q2 revenue view $2.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Ball says will cease production at Recklinghausen facilities on July 31
Thursday, 27 Jul 2017 02:38pm EDT 

July 27 (Reuters) - Ball Corp ::Confirms that it will cease production at its Recklinghausen, Germany facilities on July 31, 2017 - SEC fiilng.As result of closures, after-tax charge of about EUR62 million is expected to be recorded in Co's Q2 of 2018 results.Agreement with facilities' works council(s) reached allowing for permanent closure of Recklinghausen beverage container, end of production facilities.  Full Article

Ball Corp Q1 non-gaap earnings per share $0.76
Thursday, 4 May 2017 06:00am EDT 

May 4 (Reuters) - Ball Corp :Ball corp - company reaffirms 2017 and long-term financial goals.Ball corp- aerospace contracted backlog of $1.4 billion at end of q1.Ball corp - board announced 2-for-1 stock split and 54 percent quarterly dividend increase effective may 16 and june 15, respectively.On pace to deliver on its free cash flow, eva dollar growth, diluted earnings per share growth and cost savings targets for 2017.Ball corp - in excess of 20 million post-split shares available for repurchase under existing authorization.Ball reports improved first quarter 2017 results.Q1 non-gaap earnings per share $0.76.Q1 gaap earnings per share $0.38.Q1 revenue $949 million.Q1 revenue view $2.44 billion -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Ball corp - on track to recognize at least $150 million of targeted $300 million plus synergies largely in second half of 2017.Fy2017 earnings per share view $4.21, revenue view $10.71 billion -- Thomson Reuters I/B/E/S.  Full Article

Ball Corp. board declares 2-for-1 split; ups dividend
Wednesday, 26 Apr 2017 04:05pm EDT 

April 26 (Reuters) - Ball Corp :Ball board declares 2-for-1 split; increases quarterly dividend 54 percent.Ball corp - increased quarterly cash dividend by 54 percent to 10 cents on a post-split basis.Ball board declares 2-for-1 split; increases quarterly dividend 54 percent.  Full Article

Ball Corp sells Paint and General Line Plant in Hubbard, Ohio
Monday, 27 Mar 2017 09:00am EDT 

Ball Corp : Ball Corporation sells Paint and General Line plant in Hubbard, Ohio .Sale of its Paint and General Line Can manufacturing facility in Hubbard, Ohio, to U.S.-based BWAY Corporation.  Full Article

Jiangsu LiXing General Steel Ball in deal for asset acquisition
Sunday, 19 Feb 2017 09:01pm EST 

Jiangsu LiXing General Steel Ball Co Lte <300421.SZ> :Says it plans to buy a steel ball maker for 197.4 million yuan ($28.75 million).  Full Article

BRIEF-Ball to reduce capacity in U.S. steel food packaging business

* Ball to reduce capacity in U.S. steel food packaging business