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Ball Corp (BLL.N)

BLL.N on New York Stock Exchange

39.98USD
17 Nov 2017
Change (% chg)

$-0.54 (-1.33%)
Prev Close
$40.52
Open
$40.17
Day's High
$40.50
Day's Low
$39.95
Volume
805,492
Avg. Vol
607,610
52-wk High
$43.20
52-wk Low
$35.65

Latest Key Developments (Source: Significant Developments)

Ball Corp Q3 GAAP earnings per share $0.13
Thursday, 2 Nov 2017 

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 

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
Thursday, 31 Aug 2017 

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

ORG Packaging plans collaboration with beverage firm Jianlibao group
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - ORG Packaging Co Ltd <002701.SZ> ::* Says co signed a strategic cooperation agreement with a beverage company, Guangdong Jianlibao Group Co Ltd, to provide canning and filling service .  Full Article

Ball Corp files for non-timely 10-Q
Tuesday, 9 Aug 2016 

Ball Corp: Files for non-timely 10-Q - Sec Filing .In connection with rexam deal,divestiture, co needs additional time to complete certain disclosures,analyses to be included in form 10-Q.  Full Article

Ball Q2 EPS $2.54
Thursday, 4 Aug 2016 

Ball Corp : Q2 earnings per share $2.54 . Estimate is for full-year 2017 free cash flow to be in range of $750 million to $850 million . Early estimate is for full-year 2017 free cash flow to be in range of $750 million to $850 million . Aerospace contracted backlog exceeds $1 billion at end of q2 . Q2 earnings per share view $0.99, revenue view $2.17 billion -- Thomson Reuters I/B/E/S . Plan to repurchase shares as soon as targeted capital structure is in range of 3.0 to 3.5 times net debt to comparable ebitda . Comparable earnings per diluted share for q2 $1.05 . Qtrly net sales $2,030 million versus $2,172 million . Though not precluded from repurchasing shares in near term, current plan is to reduce leverage as quickly as possible, continue dividend .See path to doubling ball's long-term goal of 10 to 15 percent comparable diluted earnings per share growth over each of next three years.  Full Article

S&P - Ball Corp. ratings affirmed following completion of Rexam acquisition, outlook negative; Rexam PLC ratings lowered
Tuesday, 5 Jul 2016 

S&P : Ball Corp. ratings affirmed following completion of Rexam acquisition, outlook negative; Rexam PLC ratings lowered . Lowering long-term corporate credit rating on Rexam PLC to 'BB+' from 'BBB-' . Affirmation reflects belief that Ball will smoothly integrate the $8.5 billion Rexam acquisition and achieve operating and cost synergies Source - http://bit.ly/29mR1E6 (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Ball Corp anticipates net debt of about $7 bln at closing of Rexam deal
Saturday, 2 Jul 2016 

Ball Corp :Anticipates net debt of about $7 billion at closing of Rexam deal which includes cash portion of purchase price payable to Rexam's shareholders.  Full Article

Ball says U.S. antitrust nod expected by June 29 - Rexam
Thursday, 23 Jun 2016 

Rexam :Received written evidence from Ball's U.S. antitrust counsel that U.S. antitrust regulatory approval expected to be obtained by June 29.  Full Article

Ball Corp's offer for Rexam Plc receives final regulatory clearance in Europe
Friday, 17 Jun 2016 

Ball Corp : Ball's offer for rexam plc receives final regulatory clearance in europe . Ball corp says ec has also formally approved ardagh group's proposed acquisition of certain ball and rexam plc businesses .Ball corp says received final unconditional regulatory clearance in brazil on june 8.  Full Article

BRIEF-Ball Corp Q3 GAAP earnings per share $0.13

* Ball reports improved third quarter 2017 operating results; reaffirms long-term goals