Oct. 28, 2014, 5:27 PM
- Owens Illinois (NYSE:OI): EPS of $0.75 beats by $0.01.
- Revenue of $1.75B (-1.7% Y/Y) misses by $20M.
- Shares -1.77% AH.
Oct. 27, 2014, 5:35 PM
- AEC, AFG, AFL, AJG, AMCC, AMP, APC, ARI, AZPN, BGFV, BLDP, BOOM, BXP, CAP, CBT, CEB, CHMT, CHRW, CINF, CRAY, DLR, DNB, DYAX, EA, EIX, EPR, EQR, ESRX, EXP, EXTR, FARO, FB, FEIC, FISV, GFIG, GILD, GPRE, HIW, HLIT, HTA, HTS, HURN, INAP, INVN, IPHI, KEYW, KIM, KONA, MAC, MAR, MCK, MRCY, MWA, NANO, NFX, OI, PEI, PLT, PNRA, PSMT, RJET, ROG, RPXC, SKT, SM, SWI, TQNT, TRN, TSS, UDR, ULTI, USNA, VRSK, VRTX, WDC, WES, WGP, WNC, WSH, WTS, WYNN, X, XCO, XOOM, ZLTQ
Sep. 17, 2014, 8:37 AM
- Owens-Illinois (NYSE:OI) -4.7% premarket after disclosing expectations for lower Q3 earnings, seeing EPS of at least 5% lower Y/Y, or ~$0.75 vs. $0.88 analyst consensus estimate.
- OI sees Europe sales volume modestly lower than the prior-year period, North American sales volume down by the low single digits, and Asia Pacific with a double-digit volume decline.
Sep. 4, 2014, 7:34 AM
Jul. 30, 2014, 6:30 PM
- Owens Illinois (NYSE:OI): Q2 EPS of $0.80 misses by $0.02.
- Revenue of $1.8B (+1.1% Y/Y)
Apr. 29, 2014, 4:30 PM
- Owens Illinois Inc. (OI): Q1 EPS of $0.62 beats by $0.01.
- Revenue of $1.64B (flat Y/Y) beats by $30M.
Apr. 28, 2014, 5:35 PM
- ACE, ACHC, ACMP, AEC, AEGN, AFL, ANIK, ARI, AUY, AXS, AZPN, BGFV, BOOM, BXP, CALX, CAP, CEB, CEMP, CHE, CHRW, CLD, CMRE, CNQR, COLM, CRAY, DLB, DNB, DWA, EBAY, EEFT, EIX, EPR, ESRX, EZPW, FARO, FEIC, FISV, GMED, GNW, GPRE, HURN, IPHI, LOGM, MAC, MAR, MEOH, MWA, NANO, NATI, NCR, NDLS, NFX, NUVA, OHI, OI, PNRA, PRXL, REXX, RFMD, RNG, RNR, RPXC, RVBD, SIMG, SKT, SLCA, SM, STR, STX, SWI, TE, THG, TMH, TRLA, TRN, TTS, TWTR, ULTI, USNA, VNR, VPRT, VRSK, WSH, X, XCO.
Jan. 28, 2014, 5:26 PM
- Owens Illinois Inc. (OI): Q4 EPS of $0.51 misses by $0.02.
- Revenue of $1.76B (+0.6% Y/Y) misses by $20M.
Jan. 28, 2014, 12:10 AM
Jan. 27, 2014, 5:35 PM
Oct. 30, 2013, 5:56 PM
- Owens-Illinois (OI): Q3 EPS of $0.79 beats by $0.02.
- Revenue of $1.78B beats by $0.02B. (PR)
Sep. 28, 2013, 9:00 AM
- Deep-value investor Daniel Khoshaba's KSA Capital Partners (now renamed KSA MidOcean) has delivered an annual return of 10.1% after fees since inception in 2004 - trouncing its competition and the S&P 500. He walked between raindrops in 2008, gaining 3.6% while the S&P lost 37%, but just 27% long exposure to the market this year has the fund lagging by nearly 5%. Three current favorites are Owens-Illinois (OI), Dana Holding (DAN), and Pinnacle Entertainment (PNK).
- The world's largest maker of glass containers, Owens is in the sweet spot of being able to raise prices. With the extra cash, it's paying down debt and eventually will begin buying back stock.
- Despite nearly doubling in the past 2 years, auto-parts maker Dana still trades at just 4x free cash flow and far below Khoshaba's price target of $38. The company recently announced plans to buy back about 30% of its stock.
- A newish holding, Pinnacle was added to the portfolio after agreeing to buy rival casino Ameristar. The cost savings should allow Pinnacle to generate a 15% free-cash-flow yield in 2014 - well above Khoshaba's threshold of 10%. His price target is $40.
- While not disclosing whether he's covered successful shorts in Timken (TKR) and Caterpillar (CAT), Khoshaba recently told investors recovery is unlikely for the companies because they depend on commodities where "production far outstrips demand." He's short BHP Billiton (BHP, BBL) for similar reasons.
Sep. 17, 2013, 1:36 PM
- A dose of fundamentals analysis reveals a trio of stocks that look cheap despite trading near 52-week highs, according to Barron's Jack Hough.
- The group all features steady cash flow in industries where margins are improving, while trading below 15X 2013 earnings estimates.
- In the bargain bin: CSX (CSX -0.3%), Owens Illinois (OI -0.5%), Hillenbrand (HI +0.9%).
Sep. 12, 2013, 2:58 PM
- Oppenheimer analysts are believers in the materials sector, citing increasing evidence that the global economy is modestly improving from its recent lethargic pace of growth, particularly in emerging markets.
- Strategas isn't so sure; despite some stronger equity performance in recent weeks, it sees the persistence of cyclical weakness in emerging economies and the apparent forming of a structural consolidation in global commodities complex; it favors companies with a higher domestic revenue profile over those with a broader global footprint.
- Vulcan Materials (VMC) gets just 1% of its revenue overseas, while Airgas (ARG) has just 2%; those least exposed to the U.S. economy include Newmont Mining (NEM), which gets all of its revenue abroad, and International Flavors (IFF) and Owens-Illinois (OI), which each get 23%-24% of sales at home.
- ETFs: XLB, XME, EMT, PICK, JUNR. MSXX.
Jul. 24, 2013, 4:53 PMOwens-Illinois (OI): Q2 EPS of $0.81 beats by $0.01. Revenue of $1.78B misses by $0.03B. (PR) | Jul. 24, 2013, 4:53 PM
Jul. 24, 2013, 12:10 AM
Notable earnings after Wednesday’s close: AEM, AIZ, AKAM, AMCC, AMP, ANGI, ARII, ASGN, AVB, BDN, BIDU, CA, CAKE, CCI, CDNS, CLGX, CMO, CMRE, COG, CROX, CTXS, CYH, EFX, EGHT, EQIX, ETFC, FB, FBHS, FFIV, FLOW, FLS, FOE, FTNT, GGG, GPRE, HRC, IM, INFN, ITC, ITMN, KEX, LOGI, LSI, LVS, MLNX, MTSN, NFX, OI, OII, ORLY, PDH, PMTC, QCOM, RJF, RRC, RT, RYL, SCI, SGMO, SKX, SLG, SQNM, SRCL, SUSQ, SWFT, SYNC, TAL, TCBI, TER, TEX, TQNT, TRIP, TSCO, TWI, V, VAR, WCRX, WDC, WLL, WRE, WSH, XOOM, ZNGA| Jul. 24, 2013, 12:10 AM