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Owens-Illinois (OI) +7.8% AH following upward Q1 guidance forecasting EPS from continuing...

Owens-Illinois (OI) +7.8% AH following upward Q1 guidance forecasting EPS from continuing operations more than 35% higher than the prior year's $0.50, "primarily driven by good manufacturing performance as the company's facilities operated at greater than planned production rates."
Comments (4)
  • Econdoc
    , contributor
    Comments (2944) | Send Message
     
    well, well, well

     

    what a surprise...another one...

     

    idiots

     

    panic, sell, sell, sell, run for your lives...

     

    E
    10 Apr 2012, 04:58 PM Reply Like
  • alsobirdman
    , contributor
    Comments (368) | Send Message
     
    Yep. I hope the panic continues tomorrow. I was too busy preparing for a job interview today to do any buying. Imagine that, a job interview for a high-paying job, no less. Must be a recession coming.
    10 Apr 2012, 08:50 PM Reply Like
  • WPSPIKER
    , contributor
    Comments (1148) | Send Message
     
    yep I called this one a while back, and will be better going forward as more products move to glass packaging and the price of Nat Gas (one of the bigger raw costs in glass mfg) keeps coming down on the YOY costs will reflect even better earnings as the costs vs their hedged production costs come down...

     

    While some producers like those paper aluminum foil packaged they require more costs up-front in equipment and so many bottlers do already have the equipment in-place. Brand Name Products also have moved away from glass years ago the small labels where as store brands think raw corp ect use glass as it is a better product show on the shelf.

     

    Also Glass is 100% recyclable no added real cleaning costs or heavy separation costs like so many other packaging materials. this leaves (OI) in a great position going forward...

     

    Mark
    10 Apr 2012, 05:47 PM Reply Like
  • marc heilweil
    , contributor
    Comments (114) | Send Message
     
    If memory serves me correctly, a lucky officer of the company bought shares in the last two weeks.
    10 Apr 2012, 09:48 PM Reply Like
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