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Owens-Illinois Inc (OI.N)

OI.N on New York Stock Exchange

21.59USD
21 Feb 2018
Change (% chg)

$0.23 (+1.08%)
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Latest Key Developments (Source: Significant Developments)

Owens-Illinois' OI European Group B.V. launches private offering of $310 mln of senior notes
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Owens-Illinois Inc ::OWENS-ILLINOIS, INC.: OI EUROPEAN GROUP B.V. LAUNCHES PRIVATE OFFERING OF $310 MILLION OF SENIOR NOTES.OWENS-ILLINOIS GROUP INC- ANNOUNCED CO'S UNIT INTENDS TO OFFER $310 MILLION OF ITS SENIOR NOTES DUE 2023 IN PRIVATE OFFERING.OWENS-ILLINOIS GROUP - EXPECTS TO USE OFFERING'S PROCEEDS, WITH CASH, TO REPAY ALL AMOUNTS OUTSTANDING UNDER CO'S EURO-DENOMINATED TERM LOAN A FACILITY.  Full Article

Owens-Illinois Q3 earnings per share $0.77 from continuing operations
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Owens-Illinois Inc ::O-I reports third quarter 2017 results; higher results in Europe and Latin America lead to double-digit increase in earnings per share.Q3 earnings per share $0.77 from continuing operations.Q3 sales $1.8 billion versus i/b/e/s view $1.77 billion.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Sees fy 2017 earnings per share $0.90 to $1.86 from continuing operations.Owens-Illinois Inc -continues to expect cash provided by continuing operating activities for 2017 to be approximately $750 million​.Owens-Illinois Inc - ‍continues to expect adjusted free cash flow to be approximately $365 million for fy 2017 ​.Owens-Illinois inc - ‍"company continues to de-risk its pension plans​".Owens-Illinois inc - ‍in q4 of 2017, company intends to annuitize more of its pension plans in North America​.Owens-Illinois - plan ‍to annuitize more pension plans in North America is expected to result in non-cash charges in excess of $100 million​.Owens-Illinois Inc - ‍adjusted earnings per share for full year 2017 are expected to be in range of $2.60 to $2.65​.Fy2017 earnings per share view $2.63 -- Thomson Reuters I/B/E/S.Owens-Illinois Inc - ‍agreed to expand its 50-50 joint venture with constellation Brands​.Owens-Illinois says ‍newly-expanded relationship with constellation Brands​ provides for addition of fifth furnace, expected to be operational by 2019-end.  Full Article

Owens-Illinois Inc Q2 2016 earnings per share $0.65 from cont ops
Thursday, 28 Jul 2016 

Owens-Illinois Inc : O-I reports second quarter 2016 results; earnings per share continues to gain positive momentum . Q2 sales $1.8 billion versus I/B/E/S view $1.73 billion . Q2 earnings per share view $0.63 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.65 from continuing operations . Owens-Illinois Inc - Company is reaffirming its full year guidance for earnings and cash flow . Says Q2 2016 earnings per share at high end of management's guidance of $0.60-$0.65 per share . Q2 2016 earnings per share $0.65 from continuing operations . FY2016 earnings per share view $2.30 -- Thomson Reuters I/B/E/S .Sees FY 2016 earnings per share $2.18 to $2.29 from continuing operations.  Full Article

Owens-Illinois names two new board members, chairman
Friday, 27 May 2016 

Owens-illinois Inc : Announces two new board members and new independent chairman . Election of Andres A. Lopez And Joseph J. Deangelo to its board of directors .Says appointment of Carol A. Williams as chairman of board, effective immediately..  Full Article

Owens-Illinois Inc increases FY 2016 EPS guidance
Tuesday, 3 May 2016 

Owens-Illinois Inc:Guidance for 2016 increases.Expects adjusted earnings per share for FY 2016 to be in the range of $2.25 to $2.35 which is higher than prior guidance of $2.10 to $2.25.  Full Article

BRIEF-Owens-Illinois Reports Q4 Adjusted Earnings Per Share $0.55

* O-I REPORTS FULL YEAR AND FOURTH QUARTER 2017 RESULTS; COMPANY DELIVERS STRONG FINANCIAL PERFORMANCE FOR 2017 AND EXPECTS HIGHER EARNINGS AND CASH FLOW GENERATION IN 2018