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Ball Corp (BLL.N)

BLL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ball Corp Agrees To Sell U.S. Steel Food And Steel Aerosol Assets
Thursday, 21 Jun 2018 05:00pm EDT 

June 21 (Reuters) - Ball Corp ::BALL CORPORATION AGREES TO SELL U.S. STEEL FOOD AND STEEL AEROSOL ASSETS, FORM JOINT VENTURE WITH PLATINUM EQUITY.BALL CORP - WILL RECEIVE MORE THAN $600 MILLION IN PRE-TAX PROCEEDS FROM TRANSACTION.BALL CORP - PLATINUM EQUITY WILL OWN 51 PERCENT OF BALL METALPACK AND BALL CORPORATION WILL OWN 49 PERCENT.BALL CORP - BALL CORP WILL CONTINUE TO WHOLLY OWN AND OPERATE ITS ALUMINUM AEROSOL PACKAGING FACILITIES IN U.S., CANADA, EUROPE, INDIA & MEXICO.BALL CORP - FINDLAY, OHIO FACILITY WILL CONTINUE TO PRODUCE TWO-PIECE STEEL FOOD CANS FOR BALL METALPACK UNDER A LONG-TERM SUPPLY CONTRACT.BALL - AS PART OF DEAL, CO WILL RETAIN A 49 PERCENT INTEREST IN BALL METALPACK FOR A TOTAL VALUE OF ABOUT $675 MILLION.BALL CORP - 2019 FINANCIAL GOALS OF $2 BILLION OF COMPARABLE EBITDA AND FREE CASH FLOW IN EXCESS OF $1 BILLION REMAIN UNCHANGED.BALL CORP - EXPECTS U.S. STEEL ASSET SALE AND JV TRANSACTION TO CLOSE IN JULY WITH ABOUT 1,300 EMPLOYEES TRANSFERRING FROM BALL TO JV.BALL CORP - 2019 FINANCIAL GOALS FOR COMP EBITA & FREE CASH FLOW "WILL BE SLIGHTLY MORE CHALLENGING TO ACHIEVE".BALL CORP - POST-CLOSE, METALPACK'S RESULTS WILL BE REPORTED IN EQUITY IN RESULTS OF AFFILIATES WITHIN BALL'S CONSOLIDATED STATEMENTS OF EARNINGS.  Full Article

Ball Aerospace Selected to Build Key Instrument Component for NASA's WFIRST Observatory
Wednesday, 30 May 2018 08:00am EDT 

May 30 (Reuters) - Ball Corp ::BALL CORP - BALL AEROSPACE CHOSEN TO DEVELOP, BUILD WIDE FIELD INSTRUMENT OPTICAL MECHANICAL ASSEMBLY FOR NASA'S WIDE FIELD INFRARED SURVEY TELESCOPE.  Full Article

NASA Awarded Contract To Ball Corp For Infrared Telescope Components
Wednesday, 23 May 2018 04:46pm EDT 

May 23 (Reuters) - Ball Corp ::NASA - AWARDED CONTRACT TO BALL AEROSPACE AND TECHNOLOGIES CORPORATION, FOR PRIMARY INSTRUMENT COMPONENTS FOR WIDE FIELD INFRARED SURVEY TELESCOPE.NASA SAYS COST-PLUS-AWARD-FEE CONTRACT HAS A VALUE OF ABOUT $113.2 MILLION WITH A PERIOD OF PERFORMANCE FROM MAY 2018 THROUGH JUNE 2026.  Full Article

Ball Corp Board Amend Bylaws To Decrease Board Of Directors From Thirteen To Ten
Friday, 27 Apr 2018 05:06pm EDT 

April 27 (Reuters) - Ball Corp ::BALL CORP SAYS ON APRIL 25, BOARD AMENDED BYLAWS TO DECREASE BOARD OF DIRECTORS FROM THIRTEEN TO TEN .  Full Article

Ball Corp Sets Quarterly Cash Dividend Of $0.10 Per Share
Wednesday, 25 Apr 2018 04:48pm EDT 

April 25 (Reuters) - Ball Corp ::DECLARES QUARTERLY DIVIDEND, APPROVES SHARE REPURCHASE AUTHORIZATION.SETS QUARTERLY CASH DIVIDEND OF $0.10PER SHARE.APPROVED REPURCHASE BY COMPANY OF UP TO A TOTAL OF 25 MILLION SHARES OF ITS COMMON STOCK..REPURCHASE AUTHORIZATION REPLACES ALL PREVIOUS AUTHORIZATIONS.  Full Article

Ball Aerospace - To Collaborate With Honeywell For Optical Communication Datalinks Products
Monday, 16 Apr 2018 07:00am EDT 

April 16 (Reuters) - Ball Corp ::BALL AEROSPACE - TO COLLABORATE WITH HONEYWELL FOR OPTICAL COMMUNICATION DATALINKS PRODUCTS.  Full Article

Ball Corporation Prices $750 Million Of Senior Notes
Tuesday, 6 Mar 2018 03:43pm EST 

Ball Corp ::BALL CORPORATION PRICES $750 MILLION OF SENIOR NOTES.BALL CORP - PRICED AN UNDERWRITTEN PUBLIC OFFERING OF $750 MILLION OF 4.875% SENIOR NOTES DUE 2026.  Full Article

Ball Corp Q3 GAAP earnings per share $0.13
Thursday, 2 Nov 2017 06:00am EDT 

Nov 2 (Reuters) - Ball Corp :Ball reports improved third quarter 2017 operating results; reaffirms long-term goals.Q3 GAAP earnings per share $0.13.Q3 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Free cash flow in 2017 is estimated to be in excess of $850 million after capital spending in range of $550 million​.Qtrly net sales ‍$2.91 billion versus $2.75 billion​.Q3 revenue view $2.92 billion -- Thomson Reuters I/B/E/S.Aerospace contracted backlog was $1.2 billion at third quarter-end.Reaffirms 2019 targets of $2 billion of comparable EBITDA, in excess of $1 billion free cash flow & achieving $300 million plus of run-rate synergies​.2017 comparable EBITDA expected to be in range of $1.70 billion to $1.75 billion​.  Full Article

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 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

BRIEF-NASA Awarded Contract To Ball Corp For Infrared Telescope Components

* NASA - AWARDED CONTRACT TO BALL AEROSPACE AND TECHNOLOGIES CORPORATION, FOR PRIMARY INSTRUMENT COMPONENTS FOR WIDE FIELD INFRARED SURVEY TELESCOPE