Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $65.88 USD
Change Today +2.03 / 3.18%
Volume 2.4M
BLL On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

ball corp (BLL) Key Developments

Ball Corporation Presents at Jefferies 11th Annual Industrials Conference, Aug-13-2015 12:20 PM

Ball Corporation Presents at Jefferies 11th Annual Industrials Conference, Aug-13-2015 12:20 PM. Venue: Grand Hyatt, 109 E. 42nd Street, New York, New York, United States. Speakers: Scott C. Morrison, Chief Financial Officer and Senior Vice President.

Ball Corporation Announces Construction of New Plants

Ball Corporation announced the new Oss, Netherlands specialty beverage can line; and the addition of end manufacturing capacity in existing Lublin, Poland facility, which both came online this quarter; the construction of Monterrey, Mexico two-line aluminum beverage can facility, which still expects to become operational in early 2016; the construction of a new beverage can plant in Myanmar, slated to open in early 2016; a new U.S. tinplate aerosol can manufacturing technology, which is in the process of starting up; the expansion of aluminum impact extruded container business in Europe, which is expected to be operational by early 2016; and the construction of a new aluminum impact extruded aluminum facility in India, which is expected to come online by year-end 2015.

Ball Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Free Cash Flow Guidance for the Year 2015

Ball Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $2,172.3 million against $2,291.9 million a year ago. Earnings before interest and taxes were $273.8 million against $255.9 million a year ago. Earnings before taxes were $237.8 million against $215.3 million a year ago. Net earnings attributable to the company were $160.4 million or $1.13 diluted per share against $153.1 million or $1.07 diluted per share a year ago. For the six months, the company reported net sales of $4,095.4 million against $4,298.7 million a year ago. Earnings before interest and taxes were $399.7 million against $473.3 million a year ago. Earnings before taxes were $265.3 million against $359.4 million a year ago. Net earnings attributable to the company were $181.1 million or $1.28 diluted per share against $246.6 million or $1.72 diluted per share a year ago. Cash provided by operating activities was $211.7 million against $210.0 million a year ago. Capital expenditures were $227.7 million against $135.3 million a year ago. The company continues to expect 2015 free cash flow to be in the range of $600 million, excluding cash costs for the proposed Rexam acquisition, and the company has executed additional currency and interest rate hedges to mitigate risk related to the proposed acquisition and to lock in the transaction's purchase price economics. CapEx will likely be in the range of $450 million, up $50 million from previous estimate given year-to-date's project dollar spent. Interest expense will be roughly $150 million, excluding debt refinancing and other costs. The effective tax rate is now expected to be closer to 28%, due primarily to the geography of earnings.

Ball Corp. to Shut Down Virginia Can Plant

Ball Corp. announced that it will cease production at a plant in Bristol, Virginia, where it makes the ends for beverage cans. The company announced that it will make the ends at its other plants instead. The facility opened in 1971 and is one of Ball's oldest North American beverage packaging plants. It employs 230 workers. The plant will close in the second quarter of 2016.

Ball Corporation Declares Quarterly Cash Dividend, Payable on Sept. 15, 2015

Ball Corporation board of directors declared a quarterly cash dividend of 13 cents per share, payable on Sept. 15, 2015, to shareholders of record as of Sept. 1, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BLL:US $65.88 USD +2.03

BLL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Amcor Ltd/Australia A$13.42 AUD -0.08
Crown Holdings Inc $50.58 USD +1.58
L-3 Communications Holdings Inc $107.12 USD 0.00
Sealed Air Corp $52.00 USD +0.66
WestRock Co $59.22 USD +2.77
View Industry Companies
 

Industry Analysis

BLL

Industry Average

Valuation BLL Industry Range
Price/Earnings 22.3x
Price/Sales 1.1x
Price/Book 7.7x
Price/Cash Flow 12.8x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BALL CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.