NEW YORK, August 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports
highlighting Owens-Illinois, Inc.
(NYSE: OI), AptarGroup, Inc. (NYSE: ATR), Bemis Company, Inc.
(NYSE: BMS), Clearwater Paper Corporation (NYSE: CLW), and Cooper
Tire & Rubber Co. (NYSE: CTB). Today's readers may access these
reports free of charge - including full price targets, industry
analysis and analyst ratings - via the links below.
Owens-Illinois, Inc. Research Report
On July 24, 2013,
Owens-Illinois, Inc.
(Owens-Illinois) reported its Q2
2013 financial results. Revenue increased 0.8% YoY to approximately
$1.8 billion. Net income from
continuing operations was $135million
or $0.81 per diluted share, compared
to net income of $134million or
$0.81 per diluted share in Q2 2012.
Al Stroucken, Chairman and CEO, said, "The Company performed in
line with our expectations, notwithstanding weaker than expected
demand. We are squarely focused on execution, especially asset
optimization and wine share recovery in Europe, as well as labor productivity savings
in North America." The Company
expects to achieve 2013 free cash flow of at least $300 million and adjusted EPS to be in the range
of $2.65 to $2.85.The Full Research
Report on Owens-Illinois, Inc. -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/2729_OI]
--
AptarGroup, Inc. Research Report
On July 24, 2013, AptarGroup, Inc.
(AptarGroup) reported its Q2 2013 financial results. Revenue
increased 11.1 % YoY to a record $641.4
million. According to AptarGroup, the recent acquisition of
Aptar Stelmi was incremental to its revenue growth, adding 7% YoY
to the Company revenue. Net income was $49.8
million or $0.73 per diluted
share, compared to net income of approximately $41.7 million or $0.61 per diluted share in Q2 2012. President and
CEO, Stephen Hagge, said, "End
market diversity continues to be a key strength of our business.
Our Pharma segment benefited from increased demand from both the
consumer health care and prescription drug markets while our Food +
Beverage segment also experienced increased sales to each of its
markets." He Continued, "Looking to the third quarter, we
anticipate that each of our business segments will grow over the
prior year. Even though we expect challenges in several of the
markets we serve, the diversity of our product portfolio,
geographic presence, customer base and end markets, protect us from
exposure to softness in any particular market or region." The Full
Research Report on AptarGroup, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/a2af_ATR]
--
Bemis Company, Inc. Research
Report
On July 25, 2013, Bemis Company,
Inc. (Bemis) reported its Q2 2013 financial results. Revenue
decreased 1.2% YoY to $1.3 billion.
Net income was $53.1 million or
$0.51 per diluted share, compared to
net income of $42.3 million or
$0.40 per diluted share in Q2 2012.
Henry Theisen, Bemis' President and
CEO, said, "This quarter, we closed the last of the nine facilities
in our facility consolidation program, achieved our highest gross
margin since 2009, and reduced working capital levels. Our focused
efforts to improve our long term sales mix and return on invested
capital trends have been effective." He added, "We continue to make
strategic growth investments in both Latin America and China which we expect to deliver sales growth
in our Global Packaging segment beginning in 2014. We achieved
double digit growth in adjusted earnings per share this quarter in
spite of Brazilian currency headwinds and continued weakness in our
European pressure sensitive graphic products market." The Full
Research Report on Bemis Company, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/bf79_BMS]
--
Clearwater Paper Corporation Research
Report
On July 24, 2013, Clearwater Paper
Corporation (Clearwater Paper) reported its financial results for
Q2 2013. Revenue decreased 0.5% YoY to $471
million. Net income was $11.7
million or $0.52 per diluted
share, compared to net income of $21.5
million or $0.91 per diluted
share in Q2 2012. President and CEO, Linda
Massman, said, "Our focus on internal execution in tissue
and strong fundamentals in paperboard drove the quarter's solid
progress in EBITDA. Our new TAD tissue facility in Shelby, N.C., continues to ramp up consistent
with our expectations. As a result, we continue to anticipate
achieving our $300 million adjusted
EBITDA target in 2014." The Full Research Report on Clearwater
Paper Corporation - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge
at:
[http://www.analystscorner.com/r/full_research_report/77a1_CLW]
--
Cooper Tire & Rubber Co. Research
Report
On July 26, 2013, Cooper Tire
& Rubber Co. (Cooper) along with Industrias Negromex S.A. de
C.V. (INSA), subsidiary of Grupo KUO, announced their initiative to
develop and commercialize silica masterbatch (SMB) technology.
According to the Companies, they have now successfully applied SMB
in high volume material and tire manufacturing. As stated, Cooper
has used SMB to manufacture more than 2 million premium passenger
tires and derived a number of benefits from the technology
including improved mixing productivity and flexibility, the
elimination of volatile organic (VOC) emissions associated with the
standard silanization process of mixing silica, and improved silica
dispersion in tire tread formulation, leading to better traction,
wear and rolling resistance performance in tires. As reported, INSA
plans to expand the capacity of SMB production and market the
product under the brand name "Emulsil Silica Masterbatch"
and new production capacity is expected to be available by Q1 2014.
The Full Research Report on Cooper Tire & Rubber Co. -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/a5c6_CTB]
----
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