NEW YORK, August 31, 2016 /PRNewswire/ --
Changing consumer attitudes and spending, as well as current economic conditions have always had the biggest effects on the performance of and demand for Consumer Goods. Today, Stock-Callers.com reviews four equities in this space to see how they have fared over the previous weeks: Ball Corp. (NYSE: BLL), Packaging Corp. of America (NYSE: PKG), Crown Holdings Inc. (NYSE: CCK), and Snyder's-Lance Inc. (NASDAQ: LNCE). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
Broomfield, Colorado headquartered Ball Corp.'s stock finished Tuesday's session 0.01% higher at $78.95 with a total volume of 855,159 shares traded. The Company's shares have advanced 11.67% in the past month, 9.77% over the previous three months, and 8.96% since the start off this year. The stock is trading 6.41% above its 50-day moving average and 11.19% above its 200-day moving average. Additionally, shares of Ball, which supplies metal packaging products to the beverage, food, personal care, and household industries worldwide, have a Relative Strength Index (RSI) of 59.80.
On August 4th, 2016, Ball Corp. reported Q2 2016 net earnings attributable to the corporation of $369 million, or $2.54 per diluted share, on sales of $2.0 billion compared to $160 million of net earnings attributable to the corporation, or $1.13 per diluted share, on sales of $2.2 billion in Q2 2015. Visit us today and access our complete research report on BLL at:
Packaging Corp. of America
On Tuesday, shares in Lake Forest, Illinois headquartered Packaging Corp. of America recorded a trading volume of 631,345 shares. The stock ended the session 0.65% higher at $79.42. The Company's shares have advanced 6.70% in the last one month, 16.09% in the previous three months, and 28.27% on an YTD basis. The stock is trading 9.07% above its 50-day moving average and 26.32% above its 200-day moving average. Moreover, shares of Packaging Corp. of America, which manufactures and sells containerboard and corrugated packaging products in the US, Europe, Mexico, and Canada, have an RSI of 69.12.
On August 29th, 2016, the company announced that it has completed its acquisition of TimBar Corp., a large independent corrugated products producer, in a cash-free, debt-free transaction. The company noted that funding for the acquisition came from a new $385 million five-year term loan facility. The complimentary report on PKG can be downloaded at:
Shares in Philadelphia, Pennsylvania headquartered Crown Holdings Inc. closed the day 0.56% higher at $54.05. The stock recorded a trading volume of 663,529 shares. The Company's shares have gained 2.02% in the last month, 2.37% in the previous three months, and 6.61% on an YTD basis. The stock is trading 2.80% above its 50-day moving average and 7.10% above its 200-day moving average. Additionally, shares of Crown Holdings, which designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia Pacific, have an RSI of 58.29.
On July 29th, 2016, Crown Holdings announced that manufacturing industry executive Rose Lee has been elected to the company's Board of Directors. Ms. Lee is President of DuPont Protection Solutions, a global business segment of E.I. du Pont de Nemours and Company. Prior to joining DuPont in 2015, Ms. Lee spent 15 years with Saint-Gobain in a number of general management, strategic planning and information technology roles, each with increasing responsibility. Register for free on Stock-Callers.com and access the latest research report on CCK at:
At the close, shares in Charlotte, North Carolina headquartered Snyder's-Lance Inc. ended at $35.42, which was a drop of 1.03%. The stock recorded a trading volume of 313,350 shares. The Company's shares have advanced 3.02% in the last one month, 14.45% over the previous three months, and 4.83% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.19% and 7.61%, respectively. Furthermore, shares of Snyder's-Lance, which manufactures, distributes, markets, and sells snack food products in the US, have an RSI of 56.21.
On August 09th, 2016, research firm DA Davidson reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $38 a share to $42 a share.
On August 30th, 2016, Syder's-Lance announced that it is initiating a voluntary recall of Diamond of California® Macadamia Nuts, distributed in retail stores nationwide, due to possible Salmonella contamination. The company noted that there have been no reported illnesses to date. Snyder's-Lance stated that this voluntary recall is the result of testing by a FDA-contracted laboratory which revealed that a 4oz package of Diamond of California® Chopped Macadamia Nuts contained Salmonella. Get free access to your research report on LNCE at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: firstname.lastname@example.org Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA