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Owens-Illinois Inc (OI.N)

OI.N on New York Stock Exchange

16.59USD
20 Jul 2018
Change (% chg)

$-0.24 (-1.43%)
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Volume
406,985
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Latest Key Developments (Source: Significant Developments)

Owens-Illinois - Unit, Certain Units Of Unit Entered Second Amended And Restated Credit Agreement
Friday, 29 Jun 2018 

June 29 (Reuters) - Owens-Illinois Inc ::OWENS-ILLINOIS - ON JUNE 27, UNIT, CERTAIN UNITS OF UNIT ENTERED SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND SYNDICATED FACILITY AGREEMENT.OWENS-ILLINOIS SAYS CREDIT AGREEMENT AMENDS AND RESTATES UNIT'S PRIOR CREDIT AGREEMENT DATED APRIL 22, 2015 - SEC FILING.  Full Article

Owens-Illinois Inc Announces Plant Closure In Atlanta
Wednesday, 16 May 2018 

May 16 (Reuters) - Owens-Illinois Inc ::O-I ANNOUNCES PLANT CLOSURE IN ATLANTA.OWENS-ILLINOIS INC - CLOSURE IS EXPECTED TO OCCUR ON OR AFTER JULY 18, 2018.OWENS-ILLINOIS INC - FINALIZED PLANS TO CEASE PRODUCTION AT ITS ATLANTA, GA, PLANT.OWENS-ILLINOIS INC - APPROXIMATELY 250 PEOPLE WILL BE IMPACTED IN ATLANTA PLANT CLOSURE.OWENS-ILLINOIS INC - CURRENT CUSTOMERS OF ATLANTA PLANT WILL BE SERVED BY OTHER DOMESTIC PLANTS IN O-I NETWORK.  Full Article

Owens-Illinois Reports Q1 EPS Of $0.59 From Continuing Operations
Monday, 23 Apr 2018 

April 23 (Reuters) - Owens-Illinois Inc ::O-I REPORTS FIRST QUARTER 2018 RESULTS; HIGHER EARNINGS, WITHIN GUIDANCE, ON SALES GROWTH AND MARGIN EXPANSION IN THE AMERICAS AND EUROPE.OWENS-ILLINOIS EXPECTS FY 2018 ADJUSTED EARNINGS PER SHARE $2.75 TO $2.85 .Q1 EARNINGS PER SHARE $0.59 FROM CONTINUING OPERATIONS.Q1 SALES $1.7 BILLION VERSUS I/B/E/S VIEW $1.7 BILLION.Q1 EARNINGS PER SHARE VIEW $0.58 -- THOMSON REUTERS I/B/E/S.COMPANY IS MAINTAINING ITS ANNUAL GUIDANCE FOR EARNINGS AND CASH FLOW.EXPECTS CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES FOR 2018 TO BE APPROXIMATELY $800 MILLION.SEES ADJUSTED FREE CASH FLOW TO BE APPROXIMATELY $400 MILLION FOR 2018.EXPECTS EARNINGS FROM CONTINUING OPERATIONS, AND ADJUSTED EARNINGS, FOR Q2 OF 2018 TO BE APPROXIMATELY $0.75 PER SHARE.ON TRACK TO REPURCHASE ABOUT $100 MILLION IN SHARES FOR FY 2018.NO SUBSTANTIVE IMPACT ON COMPANY'S ADJUSTED EARNINGS OR CASH TAXES IS EXPECTED IN 2018 AS A RESULT OF TCJA.  Full Article

Owens-Illinois' OI European Group B.V. launches private offering of $310 mln of senior notes
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Owens-Illinois Inc ::OWENS-ILLINOIS, INC.: OI EUROPEAN GROUP B.V. LAUNCHES PRIVATE OFFERING OF $310 MILLION OF SENIOR NOTES.OWENS-ILLINOIS GROUP INC- ANNOUNCED CO'S UNIT INTENDS TO OFFER $310 MILLION OF ITS SENIOR NOTES DUE 2023 IN PRIVATE OFFERING.OWENS-ILLINOIS GROUP - EXPECTS TO USE OFFERING'S PROCEEDS, WITH CASH, TO REPAY ALL AMOUNTS OUTSTANDING UNDER CO'S EURO-DENOMINATED TERM LOAN A FACILITY.  Full Article

Owens-Illinois Q3 earnings per share $0.77 from continuing operations
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Owens-Illinois Inc ::O-I reports third quarter 2017 results; higher results in Europe and Latin America lead to double-digit increase in earnings per share.Q3 earnings per share $0.77 from continuing operations.Q3 sales $1.8 billion versus i/b/e/s view $1.77 billion.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Sees fy 2017 earnings per share $0.90 to $1.86 from continuing operations.Owens-Illinois Inc -continues to expect cash provided by continuing operating activities for 2017 to be approximately $750 million​.Owens-Illinois Inc - ‍continues to expect adjusted free cash flow to be approximately $365 million for fy 2017 ​.Owens-Illinois inc - ‍"company continues to de-risk its pension plans​".Owens-Illinois inc - ‍in q4 of 2017, company intends to annuitize more of its pension plans in North America​.Owens-Illinois - plan ‍to annuitize more pension plans in North America is expected to result in non-cash charges in excess of $100 million​.Owens-Illinois Inc - ‍adjusted earnings per share for full year 2017 are expected to be in range of $2.60 to $2.65​.Fy2017 earnings per share view $2.63 -- Thomson Reuters I/B/E/S.Owens-Illinois Inc - ‍agreed to expand its 50-50 joint venture with constellation Brands​.Owens-Illinois says ‍newly-expanded relationship with constellation Brands​ provides for addition of fifth furnace, expected to be operational by 2019-end.  Full Article

BRIEF-Owens-Illinois Reports Q1 EPS Of $0.59 From Continuing Operations

* O-I REPORTS FIRST QUARTER 2018 RESULTS; HIGHER EARNINGS, WITHIN GUIDANCE, ON SALES GROWTH AND MARGIN EXPANSION IN THE AMERICAS AND EUROPE