Key Developments: Owens-Illinois Inc (OI)
28.13USD
23 May 2013
$-0.61 (-2.12%)
$28.74
$28.29
$28.49
$27.84
1,057,517
1,321,322
$29.65
$16.82
Latest Key Developments (Source: Significant Developments)
Owens-Illinois Inc Reaffirms FY 2013 EPS Guidance-Conference Call
Owens-Illinois Inc announced that its fiscal 2013 guidance remains unchanged at $2.60 to $3 per share adjusted EPS. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.81 for fiscal 2013. Full Article
Owens-Illinois Inc Issues FY, Q1 2013 EPS Guidance In Line With Analysts' Estimates-Conference Call
Owens-Illinois Inc announced that for fiscal 2013, it currently expect adjusted earnings to range between $2.60 and $3 per share. The base case scenario suggests that adjusted earnings per share in fiscal 2013 will modestly exceed the $2.64 that generated in fiscal 2012. In the first quarter of 2013, it expects sales volumes to decline slightly. As a result the Company expects that operating earnings will be modestly lower compared with the same period in the prior year. The Company reported EPS of $0.73 in the first quarter of 2012. According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $0.63 for first quarter of 2013; EPS of $2.85 for fiscal 2013. Full Article
Owens-Illinois, Inc. Announces Chief Financial Officer Change-Form 8-K
Owens-Illinois, Inc. reported in its Form 8-K that on May 21, 2012, Owens-Illinois, Inc. (Company) determined that Mr. White’s retirement, and Mr. Bramlage’s appointment as Chief Financial Officer (CFO), will become effective June 1, 2012. Full Article
Owens-Illinois, Inc. Issues Q4 2011 EPS Guidance Below Analysts' Estimates
Owens-Illinois, Inc. announced that for fourth quarter of 2011, it expects adjusted earnings per share (EPS) to approximate prior year fourth quarter adjusted earnings. The Company reported EPS of $0.45 in fourth quarter of 2010. According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $0.51 for fourth quarter of 2011. Full Article
Owens-Illinois, Inc. Comments On Q3 2011 Earnings Guidance-Conference Call
Owens-Illinois, Inc. announced that it expect third quarter 2011 adjusted earnings to improve from the second quarter 2011, but will likely lag the prior year third quarter results. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.81 for the third quarter of 2011. Full Article
Owens-Illinois, Inc. Announces Acquisition Of VDL Company
Owens-Illinois, Inc. announced the acquisition of VDL Company, a single-furnace glass container plant in Vergeze, France, effective August 1, 2011. The Vergeze plant is located near the Nestle Waters' Perrier bottling facility and has a long-standing supply relationship with Nestle Waters. Under the terms of the acquisition agreement, O-I will become the supplier of glass bottles for the Perrier brand, as well as Nestle Waters' other water brands worldwide. Owens-Illinois, Inc. will pay approximately $15 million related to the acquisition of the Vergeze plant. Full Article
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