NEW YORK, December 23, 2016 /PRNewswire/ --
The Packaging and Containers industry encapsulates any business related to the manufacturing of containers or packaging services. Some companies in this space are pure plays that either provide packaging services or build containers, while some conduct business with a mix of both container manufacturing and packaging services. Pre-market, Stock-Callers.com covers the most recent performances of Sealed Air Corp. (NYSE: SEE), Berry Plastics Group Inc. (NYSE: BERY), Ball Corp. (NYSE: BLL), and Crown Holdings Inc. (NYSE: CCK). Learn more about these stocks by accessing their free research reports at:
Charlotte, North Carolina headquartered Sealed Air Corp.'s shares saw a drop of 1.53%, finishing Thursday's trading session at $46.24. A total volume of 613,393 shares was traded. Since the start of this year, the stock has advanced 5.04%. The Company's shares are trading above their 50-day moving average by 0.59%. Moreover, shares of Sealed Air, which provides food safety and security, facility hygiene, and product protection solutions worldwide, have a Relative Strength Index (RSI) of 48.08.
On November 07th, 2016, Sealed Air announced the launch of its StealthWrap™ ultra durable cartoning solution, a patented micro-layer, opaque cartoning alternative which allows primary package cartons to be protected for transit without the need for outer boxes or additional packaging materials. The Company also announced that XPO Logistics, a leading global provider of transportation and supply chain solutions, will be the first to bring this innovative packaging solution to market in the logistics industry. Free research report on SEE is available at:
On Thursday, shares in Evansville, Indiana headquartered Berry Plastics Group Inc. recorded a trading volume of 608,642 shares, and ended the session 0.91% lower at $50.12. The stock has gained 8.32% in the last one month, 9.41% in the previous three months, and 38.53% on an YTD basis. The Company's shares are trading 7.37% above their 50-day moving average and 21.24% above their 200-day moving average. Furthermore, shares of Berry Plastics, which manufactures and distributes plastic consumer packaging and engineered materials in the US, Canada, Mexico, Belgium, France, Spain, the UK, Italy, Germany, Australia, Brazil, Argentina, Colombia, Malaysia, India, China, and the Netherlands, have an RSI of 57.83.
On December 05th, 2016, research firm Macquarie downgraded the Company's stock rating from 'Outperform' to 'Neutral'.
On December 19th, 2016, Berry Plastics Group announced that it has appointed Jean-Marc Galvez as President of its Consumer Packaging Division. Galvez currently serves as President for Europe, Middle-East, India, and Africa for the Company's Health, Hygiene, and Specialties Division. Mr. Galvez will assume his new role on January 01st, 2017. He succeeds Tom Salmon, who was appointed as Berry's President and Chief Operating Officer effective October 03rd, 2016. The complimentary research report on BERY can be downloaded at:
Shares in Broomfield, Colorado headquartered Ball Corp. closed at $76.45, climbing 0.18% from the last trading session. The stock recorded a trading volume of 865,964 shares. The Company's shares gained 5.86% since the start of this year, and are trading 2.30% above their 200-day moving average. Additionally, shares of Ball, which supplies metal packaging products to the beverage, food, personal care, and household industries worldwide, have an RSI of 49.72.
On December 12th, 2016, Ball Corp. announced that it intends to cease production at the Company's Reidsville, North Carolina, beverage packaging plant in mid-2017. The Company stated that the plant's customers will be supplied by other Ball facilities in the US. Ball expects to record an after-tax charge of approximately $18 million, primarily for employee severance, pensions and other benefits, asset impairments, and facility shut down and disposal costs. The majority of this charge is expected to be recorded by mid-2017 and the net, after-tax cash costs are expected to be approximately $5 million. Visit us today and access our complete research report on BLL at:
At the closing bell yesterday, shares in Philadelphia, Pennsylvania headquartered Crown Holdings Inc. ended 0.24% higher at $53.84 with a total trading volume of 753,893 shares. The stock has advanced 6.19% on an YTD basis. The Company's shares are trading above their 200-day moving average by 1.63%. Furthermore, 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 53.08.
On November 10th, 2016, Crown Holdings announced that it has achieved an "A-" ranking (on a scale from A-F) for the climate change strategy outlined in its first annual CDP (formerly known as the Carbon Disclosure Project) submission. This program cycle's evaluation included a total of 2,449 companies globally, with the average program ranking being a "C." Crown's ranking places the Company in the "Leadership" tier, the highest level that can be attained. Get free access to your research report on CCK at:
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