|Day's Range||3.8000 - 3.8000|
Canyon Capital Advisors LLC, the investment advisor to funds and accounts (together with Canyon Capital Advisors LLC, "Canyon") that beneficially own, in the aggregate, over 9 million shares, or almost 7.0% of the outstanding common stock of Berry Global, Inc. ("Berry" or the "Company") (NYSE: BERY), today sent a letter to Berry's Board of Directors and senior management team asking the Company to immediately take the following steps: (1) publicly announce that it has hired an investment bank or other financial advisor to develop a clear plan of action toward accelerated deleveraging; (2) commit to achieving an investment grade rating (and cease M&A; activity other than deleveraging transactions); and (3) get in front of environmental, social and governance ("ESG") trends and correct market misperceptions about sustainability.
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share...
Investment bank Jefferies highlights potential winners and losers as governments and companies work to clean up the mess.
Emerson Electric's (EMR) first-quarter fiscal 2020 revenues increase 0.1% on the back of impressive performance of its Automation Solutions segment.
Berry Global's (BERY) first-quarter fiscal 2020 revenues increase year over year driven by gains from acquired assets and strength in its North American consumer packaging business.
Today, in response to questions from the investment community on its recent quarterly call, Berry Global Group, Inc. (NYSE: BERY) reports it is prioritizing the production of nonwoven healthcare products in its Nanhai, China and Suzhou, China facilities, which are used to manufacture products that can help protect against airborne particles like the Coronavirus.
Impressive traction in its aerospace and process solutions businesses, and solid demand for commercial fire products drive Honeywell's (HON) Q4 results.
Berry Global Group, Inc. Reports Solid First Quarter 2020 Results; Reaffirms Fiscal Year 2020 Free Cash Flow Guidance
Berry Global and Georgia Pacific Team Up to Facilitate the Collection and Repurpose of Post-Consumer Materials
Roper's (ROP) Q4 earnings and revenues rise year over year on the back of solid performance across Application Software and Network Software & Systems segments.
Solid product offerings, acquired assets and investments are likely to have aided Berry Global's (BERY) fiscal Q1 earnings. Softness in its Engineered Materials segment might have dented performance.
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