|Day's Range||0.4200 - 1.0000|
Luminus Management was founded in 2002 by Paul Segal, who was the fund’s Management’s President and Portfolio Manager until 2011, when Jonathan Dan Barrett took over the positions. Jonathan Barrett graduated in Accounting from University of Witwatersrand. He started off working in real estate investment, and later he held a position of Director of Merger […]
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Berry Global (BERY) delivered earnings and revenue surprises of -10.00% and -3.17%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Berry Global Group, Inc. today reported its third fiscal quarter 2019 results, referred to in the following as the June 2019 quarter.
Seal For Life offers an unrivaled portfolio of corrosion protection and sealing solutions with the highest technical specifications in the industry. The company has operations in the Netherlands, Belgium, India, Mexico, and the United States, with over 380 employees. Seal For Life's complementary brands, including Anodeflex™, Stopaq®, Polyken®, Covalence®, and Powercrete®, present a differentiated value proposition to customers with a focus on preventing and combating corrosion, water ingress, and insulation issues, with superior lifetime economics. The company has annual sales of approximately $120 million. Seal For Life will serve as Arsenal's platform in the coating solutions sector focusing on the global infrastructure and industrial markets. The platform's current and future technology portfolio provides maintenance and repair solutions that prolong the life and durability of critical applications, such as water and oil pipelines, tanks and terminals, power generation and petrochemical infrastructure.
Berry Global Group, Inc. (BERY), today announced it had completed the sale of its Seal for Life (“SFL”) business to Arsenal Capital Partners for approximately $330 million. According to Tom Salmon, Berry’s Chairman and Chief Executive Officer, “the decision to sell SFL was made as part of our ongoing portfolio analysis and decision to provide resources to further focus our efforts to deliver growth in targeted markets and advantaged products as we remain firmly committed to this objective. J.P. Morgan Securities LLC acted as the exclusive financial advisor to Berry Global Group, Inc.
Don't be caught off-guard: Berry Global Group (NYSE: BERY ) releases its next round of earnings this Tuesday, July 30. Want to skip the homework and get all the facts in one place? We thought so. Here ...
Moody's Investors Service has today withdrawn the Baa3 issuer rating of RPC Group PLC (RPC), which was previously under review for downgrade. The withdrawal follows the successful completion of the acquisition of RPC by Berry Global Group Inc. (Berry, Ba3 stable) on 1 July 2019. Moody's has withdrawn the rating and outlook of RPC due to reorganization.
Berry Global (BERY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Berry Global Group, Inc. (NYSE: BERY ) is poised for robust earnings and free cash flow growth in coming years, driven mostly by the acquisition of RPC Group, according to JPMorgan. The Analyst Tyler Langton ...
Berry Global Group, Inc. (BERY), will report its third fiscal quarter 2019 results on Tuesday, July 30, 2019, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s quarterly results and provide fiscal year 2020 guidance. Berry Global Group, Inc. (BERY), headquartered in Evansville, Indiana, is committed to its mission of ‘Always Advancing to Protect What’s Important,’ and proudly partners with its customers to provide them with value-added protective solutions that are increasingly light-weighted and easier to recycle or reuse.
Berry Global (BERY) is likely to gain from sound capital allocation strategies, benefits from acquired assets and segmental restructuring. High debts and weakness in the top line are concerning.
Berry Global's (BERY) RPC Group buyout is expected to create a leader in the plastic and recycled packaging industry. It revises business structure to include four segments.
EVANSVILLE, Ind.-- -- New business structure will allow Company to best serve customers, foster growth, and maximize shareholder value Jean-Marc Galvez Appointed President of Consumer Packaging – International Division Bill Norman Appointed President of Consumer Packaging – North America Division Berry Global Group, Inc. today announced a new business structure linked to the Company’s recent acquisition ...
Berry Global Group, Inc. (BERY), today announced the completion of its acquisition of RPC Group Plc (RPC) for a purchase price of approximately $6.5 billion, which includes approximately $4.3 billion of cash paid for the equity interest in RPC and $2.2 of net debt and estimated transaction related costs, subject to closing adjustments. The combination of Berry and RPC creates a leading global supplier of valued-added protective solutions and one of the world’s largest plastic packaging companies. Berry’s combined global footprint will consist of over 290 locations worldwide, including locations in North and South America, Europe, Asia, Africa, and Australia.
Berry Global Group, Inc. (BERY) proudly announced today that it has signed the New Plastics Economy Global Commitment to eliminate plastic pollution at its source. The New Plastics Economy Global Commitment is led by the Ellen MacArthur Foundation, in collaboration with UN Environment. Berry’s involvement with the Global Commitment is complementary to its efforts with the Alliance to End Plastic Waste and furthers the Company’s commitments to its recently announced sustainability strategy, Impact 2025.
How do we determine whether Berry Global Group Inc (NYSE:BERY) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data […]
Berry Global Group Inc NYSE:BERYView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for BERY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BERY. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BERY had net inflows of $1.40 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.