packaging

Sealed Air Corporation (NYSE:SEE) shares are trading higher after the company reported second quarter results. The company reported adjusted earnings per share of 83 cents, beating the street view of 64 cents. The company reported quarterly revenues of $1.345 billion, beating the analyst consensus...

In a significant move towards sustainability, Amazon.com Inc. (NASDAQ:AMZN) has decided to replace plastic air pillows with recycled paper in its North American shipments. What Happened: Amazon has successfully eliminated approximately 95% of the thin plastic cushions in its largest market and aims...

The market expects Sonoco (NYSE: SON) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter that ended March 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might...

Global packaging solutions company Sonoco Products Co (NYSE: SON) stands to benefit from near-term catalysts in 2021, but it's hard to justify buying the stock at today's levels, according to BofA Securities. The Sonoco Products Analyst: George Staphos downgraded Sonoco from Buy...

The rise of e-commerce has led businesses to reinvent and expedite their logistics operations. The last-mile delivery segment is under considerable scrutiny in particular, primarily because it is the link companies have with their end customers, with consumer satisfaction making or breaking their...

The bullish case for packaging solutions company AptarGroup, Inc. (NYSE: ATR) is based on expectations for upside versus consensus, new market opportunities and its exposure to the pharmaceutical sector being "mispriced," according to Morgan Stanley. The Analyst Morgan Stanley's Neel...

Packaging companies Amcor Limited and Bemis Company, Inc. (NYSE: BMS) announced efforts Monday to resolve the Department of Justice's antitrust concerns with the combination of the two companies.  What Happened Amcor has entered into a binding agreement to sell plants in Milwaukee,...

China-based Nine Dragons Paper Holdings, a manufacturer of containerboard products including lineboard, announced hundreds of millions of dollars in new investments this week that include conversion projects at coated paper mills in Biron, Wisconsin and Rumford, Maine. The announcement...

International Paper Co (NYSE: IP), a producer of renewable fiber-based packaging, confirmed Tuesday it will no longer pursue an acquisition Smurfit Kappa Group and investors should "applaud" the decision, according to BMO. The Analyst BMO Capital Markets' Mark Wilde upgraded...

Ball Corporation (NYSE: BLL) reported fourth quarter results Feb. 7 with a top-and-bottom-line beat. The Analyst KeyBanc Capital Markets' Adam Josephson upgraded Ball's stock rating from Underweight to Sector Weight with no assigned price target. The Thesis Ball's Q4 ...

In this era where every business is moving online, businesses and consumers alike still depend on paper, especially in various packaging and shipping markets. The trend should benefit companies operating in the paper and packaging industry, including International Paper Co (NYSE: IP) and Domtar...