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Fly News Breaks for December 6, 2019
Dec 6, 2019 | 11:42 EDT
After a local Florida daily newspaper reported that privately-owned Florida Caribbean Distillery plans to invest $120M to build an aluminum beverage can plant in Winter Haven, Citi analyst Anthony Pettinari said he believes this would be FCD's first beverage can manufacturing facility. While details are still limited, he views the news as a potential negative for Ball Corp. (BLL), Crown Holdings (CCK) and Ardagh Group (ARD), Pettinari tells investors. He also said that beverage cans "are typically not shipped" more than 200 miles and noted that Ball has a can plant in Tampa, while the other two can makers he mentions do not have facilities in the state of Florida.
News For ARD;CCK;BLL From the Last 2 Days
Apr 19, 2021 | 18:30 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGSIBM... To see the rest of the story go to See Story Here
Apr 19, 2021 | 14:09 EDT
Notable companies reporting after the market close, with earnings consensus, include IBM (IBM), consensus $1.68... United Airlines (UAL), consensus ($7.05)... Crown Holdings (CCK), consensus $1.39... Steel Dynamics (STLD), consensus $1.89... Zions Bancorp (ZION), consensus $1.16.