For the quarter ended September 30, Pactiv Corporation (NYSE: PTV) today announced that income from continuing operations was $53 million, or $0.40 per share, compared with $59 million, or $0.45 per
Pactiv Corporation (NYSE: PTV) announced today that it is moving its conference call to discuss third quarter earnings from October 22 to October 21 at 8:30 a.m. Eastern time. An earnings release
Pactiv Corporation (NYSE: PTV) will hold a conference call on October 22, 2008, at 8:30 a.m. Eastern time to discuss third quarter 2008 financial results. An earnings release will be issued October
Pactiv Corporation (NYSE:PTV) today announced that Richard Wambold, chairman and chief executive officer, will speak to the investment community at the Bank of America 38th Annual Investment
September 29th was the day we view as having begun the market mess that characterized the beginning of the month. The S&P 500 was down 8.8% that day, sending the market into a further tailspin over the next two weeks. The markets were up only one day out of ten, and the S&P was down over 25%. Every member of the S&P 500 was lower during that period, below we highlight the stocks that were down the least and those that were down the most.
[[CME]] posted the smallest decline, down only 1.47%, while [[GGP]] was down the most at 71.73%...
Costco sees tough year-end. Costco (COST) warned its Q4 EPS will be well below current consensus of $1.00 (report date Oct. 8). "Factors negatively affecting our 4Q earnings outlook arise largely from inflation, particularly as to energy costs." The warning is surprising, because discounters have been gaining market share as consumers hoard their cash. COST also revealed a $0.16 quarterly dividend, and authorized an additional $1B share buyback.
Senate mulls more stimulus. The Senate is beginning to work on a second economic stimulus package this week, an indication...
Today's advice: Bear in mind that you will not often make money blindly following analyst upgrades and downgrades of individual stocks. When an analyst's firm is the investment banker for some of the very stocks he or she follows, there is a lot of pressure for the analyst to 'do right' by that customer by issuing at least a hold, if not a buy.
Second, some analysts also are required to have at least a certain number of buys, sells and holds among the stocks in the sector they cover. Even some analysts covering housing stocks...
Mongolia mining break. The Mongolian Government has reportedly drafted legislative amendments that will give foreign gold miners a substantial tax break. Ivanhoe Mines (IVN) has 70-80% of its assets in the country.
Carbon caps may lift nuclear stocks. If Congress passes legislation limiting carbon dioxide emissions, nuclear power companies could see profits soar to "supernormal" levels. According to WSJ, Exelon (EXC) could see profits leap by $2B/year; FPL Group (FPL) $130M; Constellation Energy Group (CEG) $225M; Entergy (ETR) $600M. FirstEnergy (FE), NRG Energy (NRG), and Public Service Enterprise Group (PEG) would also benefit. Of course, excessive profits could incite...
A recent drop in the dollar has seen foreign producers opening U.S. factories at "near record pace." Barron's magazine says a somewhat unexpected result is a serious shortage in boxes and containers.
Shares of packaging stocks have not fared well in recent months due to burgeoning raw-material costs and more-expensive transportation. Now it seems the industry has already or will soon turn the corner -- prices are beginning to rise. Box companies also produce 36% of their sales overseas, making them a source of diversification in the event of an extended domestic slowdown.
Citi analyst says, "Pactiv: A Name Where â??09 Operating Ests Donâ??t Need to Be Slashed; With its strong projected FCF growth, cyclical, highly variable cost structure (raw materials + freight ...
DUBLIN, Ireland, Dec 01, 2008 (BUSINESS WIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/68e678/pactiv_corporation) has announced the addition of the "Pactiv Corporation ...
Pactiv donated $250 to the Malvern Police Department on Friday. The donation was made in appreciation for the Malvern Police Department?s handling of a critical incident that had occurred this ...
Datamonitor´s Pactiv Corporation - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company?s key business structure and ...
DEERFIELD, Ill., Nov. 13 /PRNewswire/ -- Pregis Corporation, a leading international manufacturer, marketer, and supplier of protective packaging products and specialty packaging solutions, today ...
Pactiv Corporation Company Profile is the essential source for top-level company data and information. The report examines the company?s key business structure and operations, history and products ...
Pactiv Corporation employee, Dwayne Dahl, 38, sustained serious injuries after a forklift fell over trapping him underneath. The incident happened at around 2:50 Saturday morning at the Pactiv ...
Canandaigua, NY -- A 38-year-old man suffered serious injuries after being trapped when a forklift malfunctioned and dropped machinery on him. It happened around 3 in the morning at the Pactiv ...
By Margaret Poe, staff writer International packaging manufacturer Pactiv Corp. has reduced shifts and cut employees? hours at its Canandaigua plant to deal with the ?difficult economic ...
Among the companies whose shares are seeing active trade in Tuesday’s session are American Express, DuPont, Icon, Logitech, Netflix, SanDisk and Sun Micro.
SAN FRANCISCO (MarketWatch) -- Pactiv Corp. said late Monday that its third-quarter profit fell to $53 million, or 40 cents a share, from $59 million, or 45 cents a share, in the year-ago period. Revenue rose to $925 million from $872 million last year. Analysts surveyed by FactSet Research estimated a quarterly profit of 35 cents a share on revenue of $912.1 million. The company sees earnings of 46 cents to 52 cents a share for the fourth quarter, and $1.58 to $1.74 for the year. Analysts estimate 47 cents a share for the fourth quarter, and $1.64 a...
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Wednesday's session are Boeing, McDonald's, Amazon.com, and Anheuser-Busch.
SAN FRANCISCO (MarketWatch) -- Pactiv Corp. , maker of Hefty trash and plastic storage bags, late Tuesday reported net income fell from a year ago. It also cut its full year profit targets due to higher resin costs. Pactiv posted second-quarter net income of $61 million, or 46 cents a share, compared with net income of $70 million, or 53 cents a share, a year ago. Excluding items, Pactiv said it earned 49 cents a share. The Chicago-area package maker for the food and consumer products industries said sales rose 15% to $951 million, primarily reflecting the acquisition of Prairie...
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