Research on Owens-Illinois and Ball Corp. -- Still in the Green Even With Profit Declines
August 03 2010 - 8:57AM
Marketwired
www.wallstreetequityresearch.com offers world class analysis on
packaging & containers companies
Owens-Illinois Inc. (NYSE: OI)
and
Ball Corporation (NYSE: BLL). Sign up today at
www.wallstreetequityresearch.com to receive free research reports
on these companies.
With the Consumer Goods Packaging and Container Industry
reporting earnings this week, investors are getting a good idea
about the industry health. Hit hard by the economic downturn,
companies are beginning to show signs of recovery.
www.wallstreetequityresearch.com is a specialized website where
investors can have full access to free reports on packaging &
containers stocks; traders looking for analyst opinions on
Owens-Illinois Inc. and Ball Corp. are welcomed to sign up for a
free one year membership at
http://www.wallstreetequityresearch.com/
Makers that served the food industry fared better during these
harsh economic times as more consumers shirked restaurant visits to
eat at home, driving up demand for food based packaging. Recently,
companies have reported higher volume and demand for corrugated and
containerboard products from their year-earlier numbers. Companies
have also managed to gain a small amount of pricing power due to
their decrease in operations. With demand on the increase,
production will have to operate efficiently to keep up in the
coming quarters. Visit us at
http://www.wallstreetequityresearch.com/ to understand the
catalysts and forces driving or affecting packaging &
containers companies in today's economic environment.
As profitability continues to be a moving target, many companies
are seeking new ways to promote revenue. Some of the larger
businesses are pruning their lower-margin sectors or seeking to buy
out other companies to expand their market access. Other companies
are looking to new eco-friendly container options in hopes that
consumer demand will help bolster their sales.
Earnings so far have been very encouraging for the industry even
if profits were down for some companies like Owens-Illinois Inc.
which saw an earnings drop of 5.5% to $$0.85 cents a share. Slow
demand in Europe and North America coupled with adverse foreign
currency caused the profit decline for Q2 2010 according to the
company. Shareholders and investors can access the free research
Owens-Illinois Inc. now by signing up at
http://wallstreetequityresearch.com/August032010Owens-IllinoisInc.(OI)030810.php
Last week, Ball Corp. posted earnings at $69 million or $0.74
cents a share which were 48% lower to the same quarter last year.
This drop in profits was attributed to recent acquisitions. The
www.wallstreetequityresearch.com has also compiled a free research
on Ball Corporation that can be downloaded
now by signing up at
http://wallstreetequityresearch.com/August032010BallCorporation(BLL)030810.php
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