Are Investors Undervaluing OI Glass (OI) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/05/2025
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O-I Glass Q1 Earnings & Revenues Beat Estimates on Higher Volumes
- OI's Q1 results reflect the impacts of lower average selling prices and unfavorable foreign currency translation, which offset the impact of higher volumes.
- 04/30/2025
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O-I Glass, Inc. (OI) Q1 2025 Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q1 2025 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants Chris Manuel - Vice President, Investor Relations Gordon Hardie - Chief Executive Officer John Haudrich - Chief Financial Officer Conference Call Participants George Staphos - Bank of America Michael Roxland - Truist Securities Anojja Shah - UBS Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Gabe Hajde - Wells Fargo Securities Operator Hello everybody and welcome to the O-I Glass First Quarter 2025 Earnings Conference Call. My name is Elliot and I'll be your coordinator today.
- 04/30/2025
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O-I Glass (OI) Surpasses Q1 Earnings and Revenue Estimates
- O-I Glass (OI) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.45 per share a year ago.
- 04/29/2025
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O-I Glass Reports First Quarter 2025 Results
- PERRYSBURG, Ohio, April 29, 2025 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 04/29/2025
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Growth Without The Premium: 6 Value Stocks For April
- In this period of extreme market turbulence, large-cap value stocks are outperforming large-cap growth stocks by nearly 8% YTD. This is a seismic shift in the style regime, as mega-cap growth has typically dominated performance. The Magnificent Seven are underperforming the S&P 500 on average -17.77% vs. -7.64% YTD. Value stocks have come into favor due to their defensive characteristics, hailing from sectors that are more resilient in economic downturns due to their essential nature.
- 04/16/2025
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O-I Glass (OI) Surges 9.5%: Is This an Indication of Further Gains?
- O-I Glass (OI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 04/10/2025
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O-I France Proposes Strategic Business Transformation
- Perrysburg, Ohio, April 08, 2025 (GLOBE NEWSWIRE) -- -- Over the past few years, the glass market in France has been considerably challenged, primarily due to a slow-down in the wine market. This slow-down, combined with overcapacity and strong competition, has prompted the company to consider additional actions to improve its long-term competitiveness.
- 04/08/2025
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O-I Glass Announces First Quarter 2025 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, April 03, 2025 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2025 conference call and webcast for Wednesday, April 30, 2025, at 8 a.m. EDT. The Company's news release for the first quarter 2025 earnings will be issued after the market closes on Tuesday, April 29.
- 04/03/2025
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O-I Glass Announces Results From Successful Biofuel Trial at Harlow
- OI's biofuel trial at the Harlow plant achieves a significant reduction in greenhouse gas emissions.
- 03/31/2025
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O-I Glass to Lower Emission With Linde's Innovative Technology
- OI collaborates with LIN to leverage its OPTIMELTTM TCR technology at its Holzminden plant to lower emissions.
- 03/25/2025
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O-I Glass Pioneers Sustainable Glassmaking with Successful Biofuel Trial
- PERRYSBURG, Ohio /HARLOW, United Kingdom,, March 25, 2025 (GLOBE NEWSWIRE) -- -- O-I Glass, Inc. (“O-I Glass” or “O-I”) has recently successfully completed a groundbreaking trial in its plant in Harlow, UK, using 100% biofuel to replace natural gas in the furnace for the glass-making process. This achievement is part of a larger initiative led by Glass Futures, a UK-based glass R&D organization, and part of the UK government's “Net Zero Innovation Portfolio” program, aimed at exploring sustainable fuel options for the industry in the UK.
- 03/25/2025
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Linde and O-I Partner to Install OPTIMELT® TCR Technology at Holzminden, Germany, Plant to Improve Efficiency and Reduce Emissions
- Danbury, Connecticut/Perrysburg, Ohio, March 24, 2025 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) and Linde today announced plans to install Linde's proprietary OPTIMELTTM Thermochemical Regenerator (TCR) technology at O-I's container glass plant in Holzminden, Germany. This collaboration is expected to significantly reduce both fuel consumption and fuel-based Scope 1 carbon dioxide emissions for O-I, a global leader in glass manufacturing.
- 03/24/2025
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O-I GLASS TO DETAIL STRATEGIC INITIATIVES TO DRIVE LONG-TERM VALUE
- PERRYSBURG, Ohio, March 13, 2025 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI), a leading supplier of glass packaging, plans to detail a series of strategic initiatives aimed at enhancing its market position and delivering long-term value to shareholders during its Investors Day presentation at the New York Stock Exchange (NYSE) on March 14th that will begin at 8:30 am. The Power of Glass The Investor Day presentation, titled "The Power of Glass," will feature insights from O-I Glass's leadership team, including Gordon Hardie, President and Chief Executive Officer, John Haudrich, Senior Vice President and Chief Financial Officer, and other key executives.
- 03/13/2025
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O-I Glass to Host 2025 Investor Day
- PERRYSBURG, Ohio, March 04, 2025 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) today announced that it will host an Investor Day on Friday, March 14, 2025, in New York City. “The Power of Glass” event will feature presentations and a question-and-answer session with several members of the Company's global leadership team.
- 03/04/2025
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O-I GLASS SEEKS TO POSITION HOLZMINDEN FOR STRONG FUTURE
- PERRYSBURG, Ohio / HOLZMINDEN, Germany , Feb. 06, 2025 (GLOBE NEWSWIRE) -- - As part of its vision to reshape the company and become the most competitive glass maker in the industry, O-I Glass, Inc. (“O-I Glass” or “O-I”) is further strengthening its business in Germany. Determined to build an even more competitive business, the company is positioning its Holzminden, Germany, plant for a strong future by undertaking efforts to make the facility leaner, more agile, and more efficient. The upgrade will also include the installation of cutting-edge furnace technology that is expected to significantly enhance energy efficiency and reduce emissions. In combination with the also-planned on-site oxygen production, this comprehensive technology upgrade supports the conversion of an existing furnace to a Gas-Oxy system. The innovative setup is expected to reduce fuel consumption by up to 30 percent and lower CO2 emissions by approximately 4,000 tons annually compared with current technology.
- 02/06/2025
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O-I Glass, Inc. (OI) Q4 2024 Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Chris Manuel - VP of IR Gordon Hardie - CEO John Haudrich - CFO Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Anthony Pettinari - Citi Joshua Spector - UBS Arun Viswanathan - RBC Gabe Hajde - Wells Fargo Nico Piccini - Truist Securities Operator Hello, and welcome to today's O-I Glass, Full Year, and Fourth Quarter 2024 Earnings Conference Call. My name is Bailey, and I will be the moderator for today.
- 02/05/2025
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O-I Glass Earnings Beat Estimates in Q4, Revenues Decrease Y/Y
- OI Q4 results reflect the impacts of lower average selling prices and unfavorable foreign currency translation amid flat sales volume.
- 02/05/2025
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O-I Glass (OI) Reports Q4 Loss, Misses Revenue Estimates
- O-I Glass (OI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.12 per share a year ago.
- 02/04/2025
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O-I Glass Reports Full Year and Fourth Quarter 2024 Results
- PERRYSBURG, Ohio, Feb. 04, 2025 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 02/04/2025
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Analysts Estimate O-I Glass (OI) to Report a Decline in Earnings: What to Look Out for
- O-I Glass (OI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/28/2025
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O-I Glass: The Reasons To Upgrade This Name Are As Clear As Glass
- Despite recent stock declines, O-I Glass stock remains a strong buy due to its industry leadership, significant cash flows, and ongoing strategic investments. O-I Glass experienced revenue growth during the pandemic, benefiting from price hikes, but faced challenges in 2024 due to lower prices and reduced shipments. Management's ambitious plans include cost-cutting initiatives and significant investments in technology and sustainability, aiming to boost EBITDA to $1.45 billion by 2027.
- 01/22/2025
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O-I GLASS ANNOUNCES FULL YEAR AND FOURTH QUARTER 2024 EARNINGS CONFERENCE CALL AND WEBCAST
- PERRYSBURG, Ohio, Jan. 08, 2025 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2024 conference call and webcast for Wednesday, February 5, 2025, at 8 a.m. EST. The Company's news release for the full year and fourth quarter 2024 earnings will be issued after the market closes on Tuesday, February 4.
- 01/08/2025
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1 Stock to Watch & 1 to Avoid in a Challenging Glass Products Industry
- Amid weak demand in the Glass Products industry, APOG is navigating well and merits investor attention. However, OI is struggling, making it a stock to avoid.
- 12/17/2024
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Is the Options Market Predicting a Spike in OI Glass (OI) Stock?
- Investors need to pay close attention to OI Glass (OI) stock based on the movements in the options market lately.
- 12/11/2024
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Why Is O-I Glass (OI) Up 9.9% Since Last Earnings Report?
- O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
- 11/28/2024
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O-I Glass to Present at Citi's 2024 Basic Materials Conference
- PERRYSBURG, Ohio, Nov. 26, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced the Company will participate in Citi's 2024 Basic Materials Conference on Wednesday, December 4, 2024.
- 11/26/2024
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O-I Glass Misses Q3 Earnings & Revenue Estimates, Lowers '24 Outlook
- OI expects adjusted EPS of 70-80 cents, down from the previously stated $1.00-$1.25.
- 10/31/2024
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O-I Glass: Weakness Persists In Q3 And Beyond (Rating Downgrade)
- O-I Glass' Q3 was weak, as the company had weak pricing and volumes declined in Europe. In addition, production capacity adjustments weighed towards weak profitability. The market weakness is expected to persist, as O-I Glass cut its 2024 outlook. The Fit to Win plan should improve O-I Glass' mid-term earnings profile, but the plan raises questions of the company's future.
- 10/31/2024
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O-I Glass, Inc. (OI) Q3 2024 Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Chris Manuel - IR Gordon Hardie - CEO John Haudrich - CFO Conference Call Participants Ghansham Panjabi - Baird Arun Viswanathan - RBC Capital Markets Richard Carlson - Wells Fargo Josh Spector - UBS Anthony Pettinari - Citi Nicco Piccini - Truist Securities Operator Hello and welcome to today's O-I Glass Third Quarter 2024 Earnings Conference Call. My name is Bailey and I will be your moderator for today.
- 10/30/2024
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O-I Glass (OI) Reports Q3 Loss, Misses Revenue Estimates
- O-I Glass (OI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.80 per share a year ago.
- 10/29/2024
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O-I GLASS REPORTS THIRD QUARTER 2024 RESULTS
- PERRYSBURG, Ohio, Oct. 29, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE Rapidly Implementing Fit To Win Priorities to Drive Improved Performance in 2025 and Beyond Business Returned to Modest Sales Volume Growth, Despite Sluggish Market Conditions Updating 2024 Business Outlook Amid Continued Muted Demand and Consumer Uncertainty O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the third quarter ended September 30, 2024. Net Earnings (Loss) Attributable to the Company Per Share (Diluted) Earnings (Loss) Before Income Taxes $M 3Q24 3Q23 3Q24 3Q23 Reported ($ 0.52 ) $ 0.32 ($ 57 ) $ 82 Adjusted Earnings (Loss) Earnings Per Share (Diluted) Segment Operating Profit $M 3Q24 3Q23 3Q24 3Q23 Non - GAAP ($ 0.04 ) $ 0.80 $ 144 $ 301 “Our third-quarter results declined when compared to the strong performance in the prior year period.
- 10/29/2024
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Earnings Preview: O-I Glass (OI) Q3 Earnings Expected to Decline
- O-I Glass (OI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/22/2024
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Is OI Glass (OI) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/16/2024
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O-I Glass Announces Third Quarter 2024 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio , Oct. 02, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2024 conference call and webcast for Wednesday, October 30, 2024, at 8 a.m. EDT. The Company's news release for the third quarter 2024 earnings will be issued after the market closes on Tuesday, October 29.
- 10/02/2024
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Why Is O-I Glass (OI) Down 3.7% Since Last Earnings Report?
- O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
- 08/29/2024
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O-I Glass to Present at UBS Global Materials Conference
- PERRYSBURG, Ohio, Aug. 26, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced the Company will participate in UBS Global Materials Conference on Wednesday, September 4, 2024.
- 08/26/2024
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O-I Glass (OI) Tops Q2 Earnings Estimates, Lowers '24 Outlook
- O-I Glass (OI) expects adjusted earnings of $1.00-$1.25 per share for 2024, down from the previously stated $1.50-$2.00.
- 07/31/2024
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O-I Glass, Inc. (OI) Q2 2024 Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Chris Manuel - Vice President of Investor Relations Gordon Hardie - President and Chief Executive Officer John Haudrich - Senior Vice President and Chief Financial Officer Conference Call Participants Ghansham Panjabi – Baird George Staphos - Bank of America Mike Roxland - Truist Securities Anthony Pettinari – Citi Joshua Beder - UBS Arun Viswanathan - RBC Capital Marrkets Gabe Hajde - Wells Fargo Securities Operator Good morning, everyone, and welcome to the O-I Glass Second Quarter 2024 Earnings Conference Call. My name is Kiki and I'll be your conference operator today.
- 07/31/2024
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O-I Glass (OI) Q2 Earnings Beat Estimates
- O-I Glass (OI) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.88 per share a year ago.
- 07/30/2024
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O-I GLASS REPORTS SECOND QUARTER 2024 RESULTS
- Gradually Improving Demand Amid Soft Macro Conditions; New CEO Outlines Top Priorities Gradually Improving Demand Amid Soft Macro Conditions; New CEO Outlines Top Priorities
- 07/30/2024
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Why O-I Glass Will Thrive As The Market Improves
- O-I is facing an excruciating period of destocking and soft consumer demand, with disappointing revenues. Decreasing shipments and volatile energy costs are increasing operating costs. However, management is focusing on portfolio optimization programs and margin expansion initiatives while waiting for markets to turn around.
- 07/30/2024
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Earnings Preview: O-I Glass (OI) Q2 Earnings Expected to Decline
- O-I Glass (OI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/23/2024
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Wall Street Analysts See a 52.23% Upside in O-I Glass (OI): Can the Stock Really Move This High?
- The average of price targets set by Wall Street analysts indicates a potential upside of 52.2% in O-I Glass (OI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 07/18/2024
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Is OI Glass (OI) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/18/2024
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O-I Glass: There's Incredibly Risky Potential
- O-I Glass, Inc. has reported weak financials due to weak recent industry trends. The company anticipates a gradual recovery with stable y/y volumes in Q2, but I believe that investors should be cautious of the upcoming quarterly report. The extensive investments in the MAGMA program should aid earnings in coming years, potentially making the stock undervalued.
- 07/17/2024
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O-I Glass Announces Second Quarter 2024 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, July 03, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2024 conference call and webcast for Wednesday, July 31, 2024, at 8 a.m. EDT. The Company's news release for the second quarter 2024 earnings will be issued after the market closes on Tuesday, July 30.
- 07/03/2024
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O-I Glass Plans Technology & Sustainability Transformation of its Alloa, UK Plant
- Perrysburg, Ohio, July 02, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) plans a major transformation of its Alloa, UK manufacturing plant into an even more technologically advanced facility with an expected significant reduction in CO2 emissions.
- 07/02/2024
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Innovation Drives O-I Sustainability Progress
- Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious Sustainability Goals Company 2024 Sustainability Report Update Showcases Significant Progress Toward Ambitious Sustainability Goals
- 06/27/2024
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O-I GLASS AND GRIDBEYOND ESTABLISH INNOVATIVE BATTERY STORAGE SYSTEM IN ALLOA, UK
- Energy storage system at O-I's Alloa, UK, plant helps balance the grid, reduces peak load, optimizes the use of renewable electricity, and increases O-I's resilience against brownouts Energy storage system at O-I's Alloa, UK, plant helps balance the grid, reduces peak load, optimizes the use of renewable electricity, and increases O-I's resilience against brownouts
- 06/25/2024
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O-I Glass (OI) Plans to Invest $65M in Its French Plant
- O-I Glass (OI) to invest in the electrification and decarbonization of its plant in Veauche.
- 06/19/2024
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Ultragenyx and Mereo BioPharma Announce New Phase 2 Data from Phase 2/3 Orbit Study Demonstrating Sustained Reductions in Fracture Rates Following Treatment with Setrusumab (UX143) in Patients with Osteogenesis Imperfecta (OI)
- 14-month data show treatment with setrusumab resulted in a large, sustained 67% reduction in annualized fracture rate and persistent median annualized fracture rate of 0.00 (p=0.0014)
- 06/11/2024
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Reasons Why You Should Avoid Investing in O-I Glass (OI) Now
- Lower sales volumes impact O-I Glass' (OI) performance, thereby reflecting the current inventory destocking actions and weak consumer demand in a few markets.
- 06/10/2024
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O-I GLASS TRANSFORMS PROCESSING OF RECYCLED GLASS WITH INNOVATIVE MOBILE SYSTEM
- Perrysburg, Ohio, June 06, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I” has completed the development and testing of a transformative, low-cost mobile glass processing machine that is easily transported and deployed to clean and crush recycled glass to be used as recycled content. Dubbed “MOGRA” (MOblie Glass Recycling Asset), the mobile processing system creates opportunities to recycle glass into furnace-ready glass where there was previously no infrastructure.
- 06/06/2024
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O-I Glass (OI) Up 0.2% Since Last Earnings Report: Can It Continue?
- O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
- 05/30/2024
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OI European Group B.V. Announces Results of Cash Tender Offer for Any and All of its Outstanding 2.875% Senior Notes due 2025
- PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 24, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that OI European Group B.V. (“OIEG”, “we,” “us” and “our”), a private limited liability company incorporated under the laws of the Netherlands and an indirect wholly owned subsidiary of the Company, has announced the results of its previously announced tender offer (the “Offer”) to purchase for cash any and all of OIEG's outstanding €500 million aggregate principal amount (approximately $539 million based on the March 29, 2024 (the last business day in March 2024) exchange rate of €1.00 = $1.0777) of 2.875% Senior Notes due 2025 (the “Notes”).
- 05/24/2024
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Top 3 Materials Stocks That Are Set To Fly This Quarter - O-I Glass (NYSE:OI)
- The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
- 05/24/2024
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Owens-Brockway Glass Container Inc. Announces Pricing of Senior Notes Offering
- PERRYSBURG, Ohio, May 20, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OBGC”), an indirect wholly owned subsidiary of the Company, priced a private offering (the “Offering”) of $300 million aggregate principal amount of its 7.375% senior notes due 2032 (the “Notes”) at par. The net proceeds to OBGC from the Offering are expected to be approximately $297 million, after deducting commissions but before offering expenses payable by OBGC.
- 05/20/2024
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Owens-Brockway Glass Container Inc. Launches $300 Million Senior Notes Offering
- PERRYSBURG, Ohio, May 20, 2024 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OBGC”), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, $300 million aggregate principal amount of its senior notes due 2032 (the “Notes”) in a private offering (the “Offering”) to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the “Securities Act”). OBGC's obligations under the Notes will be guaranteed on a joint and several basis by Owens-Illinois Group, Inc. (“OI Group”) and certain U.S. domestic subsidiaries of OI Group that are guarantors under OI Group's credit agreement.
- 05/20/2024
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OI European Group B.V. Announces Upsizing and Pricing of Senior Notes Offering
- FOR IMMEDIATE RELEASE PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 16, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (the “Company”) announced that OI European Group B.V. (“OIEG”), an indirect wholly owned subsidiary of the Company, priced a private offering (the “Offering”) of €500 million aggregate principal amount of its 5.250% senior notes due 2029 (the “Notes”) at par, which represents an increase of €100 million from the previously announced aggregate offering size.
- 05/16/2024
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OI European Group B.V. Launches €400 Million Senior Notes Offering
- FOR IMMEDIATE RELEASE OI European Group B.V. Launches €400 Million Senior Notes Offering PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 16, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (the “Company”) announced that OI European Group B.V.
- 05/16/2024
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OI EUROPEAN GROUP B.V. OFFER TO PURCHASE FOR CASH ANY AND ALL 2.875% SENIOR NOTES DUE 2025
- FOR IMMEDIATE RELEASE OI EUROPEAN GROUP B.V. OFFER TO PURCHASE FOR CASH ANY AND ALL 2.875% SENIOR NOTES DUE 2025 PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, May 16, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) ( “OI Glass”), announced today that OI European Group B.V.
- 05/16/2024
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O-I Glass Appoints John Humphrey as Independent Board Chair
- PERRYSBURG, Ohio, May 15, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I”) (NYSE: OI) today announced that, after the conclusion of O-I's Annual Meeting of Share Owners held earlier today, the Board appointed John Humphrey as the new Independent Board Chair, following the previously announced retirement of John H. Walker from the Board.
- 05/15/2024
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O-I Glass Completes Full Allocation for Second Round of Green Bond Offerings
- Perrysburg, Ohio, May 13, 2024 (GLOBE NEWSWIRE) -- – O-I Glass, Inc. (“O-I Glass”, “O-I” or the “Company”) announced today that the Company has completed full allocation of the proceeds from its second round of Green Bond offerings to advance the company's climate-change strategy. In May of 2023, Owens-Brockway Glass Container Inc., and OI European Group B.V. launched private Green Bond offerings of $690 million and €600 million, respectively.
- 05/13/2024
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Unlocking O-I Glass (OI) International Revenues: Trends, Surprises, and Prospects
- Examine the evolution of O-I Glass' (OI) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
- 05/06/2024
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O-I Glass (OI) Beats Q1 Earnings Estimates, Lowers '24 Outlook
- O-I Glass' (OI) Q1 top line reflects the impacts of lower segment operating profit and higher interest expenses.
- 05/01/2024
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O-I Glass (OI) Q1 Earnings Surpass Estimates
- O-I Glass (OI) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $1.29 per share a year ago.
- 04/30/2024
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O-I GLASS REPORTS FIRST QUARTER 2024 RESULTS
- Executing Well as Markets Begin to Recover; First MAGMA Greenfield to Start Up Summer 2024; Revising Guidance to Account for Softer Consumer Consumption Executing Well as Markets Begin to Recover; First MAGMA Greenfield to Start Up Summer 2024; Revising Guidance to Account for Softer Consumer Consumption
- 04/30/2024
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Earnings Preview: O-I Glass (OI) Q1 Earnings Expected to Decline
- O-I Glass (OI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2024
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O-I Glass Sustainably Transformed and Expanded Zipaquira, Colombia, Plant
- PERRYSBURG, OH/ZIPAQUIRA, COLOMBIA, April 17, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) recently completed a major transformation of its Zipaquira, Colombia manufacturing site investing approximately $120 Million to upgrade the sustainability, flexibility, and productivity of the plant. This is consistent with O-I's sustainability strategy, the company's ongoing investments into plant upgrades, and aligned with its previously announced capital spending plan.
- 04/17/2024
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O-I PACKAGING SOLUTIONS AND REVINO ROLL OUT RETURNABLE, REUSABLE GLASS WINE BOTTLES TO PACIFIC NORTHWEST
- PERRYSBURG, Ohio and NEWBERG, Oregon,, April 16, 2024 (GLOBE NEWSWIRE) -- O-I Packaging Solutions (“O-IPS”), along with Revino, announce the introduction of returnable, reusable glass wine bottles to advance the sustainability of wine packaging, first rolling out in Oregon and extending soon to the west coast. O-IPS, a global manufacturer of sustainable glass packaging, will locally produce more than 2.4 million reusable glass wine bottles as part of Revino's return system. Revino was founded to revive the reusable glass bottle ecosystem for beverage producers and consumers.
- 04/16/2024
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O-I Glass Drinktainer Enters RTD Market
- Perrysburg, Ohio, April 09, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”), along with F.X. Matt and Right Coast Spirits have announced that Right Coast Spirits Italian Ice will become the first brand to market in DrinktainerTM. Through the contract packing partnership between O-I and F.X. Matt, F.X. now has a dedicated filling line for Drinktainer, which allows beverage brands to execute a market test or a full market launch through their F.X. contract packing services.
- 04/09/2024
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O-I Glass Appoints Gordon Hardie as Chief Executive Officer
- Gordon Brings Over 35 Years of Global Leadership Experience Advancing Strategy and Innovation Company Nominates Two New Independent Directors and Announces Retirement of Board Chair PERRYSBURG, Ohio, April 04, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that its Board of Directors (the “Board”) has appointed Gordon J. Hardie, current O-I Board member, as the Company's next Chief Executive Officer, effective the later of May 15, 2024 or the date Gordon is issued his work-authorized U.S. visa.
- 04/04/2024
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O-I Glass Announces First Quarter 2024 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, April 03, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2024 conference call and webcast for Wednesday, May 1, 2024, at 8 a.m. EDT. The Company's news release for the first quarter 2024 earnings will be issued after the market closes on Tuesday, April 30.
- 04/03/2024
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O-I Glass (OI) to Receive Fund for Decarbonization Project
- O-I Glass (OI) gets selected by the US Department of Energy to receive a fund of $125 million to boost its decarbonization project.
- 03/26/2024
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O-I GLASS JOINS SUSTAINABLE WINE ROUNDTABLE TO ADVISE AND ADVANCE GLOBAL WINE SUSTAINABILITY
- Perrysburg, Ohio, March 26, 2024 (GLOBE NEWSWIRE) -- – O-I Glass, Inc. (“O-I Glass” or “O-I”) announced today that the company will join a global collaborative platform to advance sustainability across the wine industry as member of the Sustainable Wine Roundtable (SWR) .
- 03/26/2024
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O-I Glass Selected by US Department of Energy to Receive $125 M Investment to Accelerate Industrial Decarbonization Technologies
- Perrysburg, Ohio, March 25, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) was selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $125 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding as part of the Industrial Demonstrations Program (IDP). The O-I decarbonization project was selected as one of 33 projects across more than 20 states to receive up to a total of $6 billion to demonstrate commercial-scale decarbonization solutions needed to move energy-intensive industries toward net-zero while strengthening local economies, creating, and maintaining high-quality jobs, and slashing harmful emissions that jeopardize public health.
- 03/25/2024
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Why Is O-I Glass (OI) Down 1.2% Since Last Earnings Report?
- O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
- 03/07/2024
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O-I Glass Announces CEO Andres Lopez to Retire
- PERRYSBURG, Ohio, March 06, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that Andres Lopez will retire as Chief Executive Officer, effective May 15, 2024, following a nearly 40-year career with the Company. The Board has been working with an executive search firm to identify O-I's next CEO as part of the Company's long-term succession planning process.
- 03/06/2024
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O-I GLASS TO PRESENT AT BofA SECURITIES 2024 GLOBAL AGRICULTURE AND MATERIALS CONFERENCE
- PERRYSBURG, Ohio, Feb. 22, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced the Company will participate in BofA Securities 2024 Global Agriculture and Materials Conference on Thursday, February 29, 2024.
- 02/22/2024
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O-I Glass (OI) Q4 Earnings & Revenues Beat Estimates, Dip Y/Y
- O-I Glass's (OI) Q4 results reflect the impacts of lower sales volumes.
- 02/07/2024
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O-I Glass, Inc. (OI) Q4 2023 Earnings Call Transcript
- O-I Glass, Inc. (OI) Q4 2023 Earnings Call Transcript
- 02/07/2024
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O-I Glass (OI) Surpasses Q4 Earnings and Revenue Estimates
- O-I Glass (OI) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.38 per share a year ago.
- 02/06/2024
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Analysts Estimate O-I Glass (OI) to Report a Decline in Earnings: What to Look Out for
- O-I Glass (OI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/30/2024
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O-I GLASS ANNOUNCES FULL YEAR AND FOURTH QUARTER 2023 EARNINGS CONFERENCE CALL AND WEBCAST
- PERRYSBURG, Ohio, Jan. 11, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2023 conference call and webcast for Wednesday, February 7, 2024, at 8 a.m. EST. The Company's news release for the full year and fourth quarter 2023 earnings will be issued after the market closes on Tuesday, February 6.
- 01/11/2024
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Reasons Why You Should Avoid Investing in O-I Glass (OI) Now
- Lower sales volumes impact O-I Glass's (OI) performance, reflecting the current inventory destocking actions and weak consumer demand in a few markets.
- 12/28/2023
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O-I Glass to Present at Citi's 2023 Basic Materials Conference
- PERRYSBURG, Ohio, Nov. 15, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) today announced the Company will participate in Citi's 2023 Basic Materials Conference on Wednesday, November 29, 2023.
- 11/15/2023
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O-I Glass, Inc. (OI) Q3 2023 Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q3 2023 Results Conference Call November 1, 2023 8:00 AM ET Company Participants Chris Manuel - Vice President of Investor Relations Andres Lopez - President and Chief Executive Officer John Haudrich - Senior Vice President and Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Mike Roxland - Truist Securities Arun Viswanathan - RBC Capital Markets Gabe Hadji - Wells Fargo Securities Roger Schmitz - Bank of America Operator Hello everyone, and welcome to the O-I Glass Third Quarter 2023 Earnings Conference Call. My name is Nadia and I will be called late in the call today.
- 11/01/2023
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3 Stocks to Watch in the Promising Glass Products Industry
- Solid end-market demand and the focus on unveiling innovative products will aid the Zacks Glass Products industry's growth. This bodes well for stocks like OI, APOG and VIEW.
- 10/27/2023
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O-I Glass Could Be A Value Trap
- O-I Glass, a glass bottle producer, has performed poorly in the past two decades with no real growth despite acquisitions. The company has achieved a higher margin in H1 of 2023 as a result of higher pricing and cost efficiencies. I still worry about the margin's sustainability as well as the very low growth prospects.
- 10/23/2023
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Why O-I Glass (OI) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 10/04/2023
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O-I Glass Announces Third Quarter 2023 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, Sept. 28, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its third quarter 2023 conference call and webcast for Wednesday, November 1, 2023, at 8 a.m. EDT. The Company's news release for the third quarter 2023 earnings will be issued after the market closes on Tuesday, October 31.
- 09/28/2023
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Should Value Investors Buy OI Glass (OI) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/27/2023
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Down -11.67% in 4 Weeks, Here's Why O-I Glass (OI) Looks Ripe for a Turnaround
- The heavy selling pressure might have exhausted for O-I Glass (OI) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 09/25/2023
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Why You Should Bet on 4 Top-Ranked Stocks With Rising P/E
- Tap four stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include AMC Entertainment (AMC), Scholar Rock (SRRK), PTK Acquisition (VLN), OI Glass (OI) and Sera Prognostics (SERA).
- 09/25/2023
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Are Investors Undervaluing OI Glass (OI) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/11/2023
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Why You Should Bet on 4 Top-Ranked Stocks With Rising P/E
- Tap four stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include OI Glass (OI), KE Hodlings (BEKE), Biodesix (BDSX) and Phunware (PHUN).
- 09/08/2023
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Wall Street Analysts Think O-I Glass (OI) Could Surge 37.38%: Read This Before Placing a Bet
- The mean of analysts' price targets for O-I Glass (OI) points to a 37.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 09/04/2023
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What Makes O-I Glass (OI) a New Strong Buy Stock
- O-I Glass (OI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 08/29/2023
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Best Value Stocks to Buy for August 29th
- OI and BBVA made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 29, 2023.
- 08/29/2023
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Is OI Glass (OI) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/25/2023
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Are Industrial Products Stocks Lagging OI Glass (OI) This Year?
- Here is how O-I Glass (OI) and Terex (TEX) have performed compared to their sector so far this year.
- 08/21/2023
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Here is Why Growth Investors Should Buy O-I Glass (OI) Now
- O-I Glass (OI) possesses solid growth attributes, which could help it handily outperform the market.
- 08/10/2023
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3 Stocks to Watch in the Thriving Glass Products Industry
- Solid end-market demand and the focus on unveiling innovative products will aid the Zacks Glass Products industry's growth. This bodes well for stocks like OI, APOG and CRKN.
- 08/07/2023
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O-I Glass (OI) Q2 Earnings Beat Estimates, 2023 View Revised
- O-I Glass (OI) reports year-over-year improvement in revenues and earnings, aided by higher prices and benefits from its ongoing margin expansion initiatives despite lower volumes.
- 08/04/2023
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Is OI Glass (OI) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/20/2023
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O-I Glass (OI) Shows Fast-paced Momentum But Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, O-I Glass (OI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 07/14/2023
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Wall Street Analysts Believe O-I Glass (OI) Could Rally 31.33%: Here's is How to Trade
- The mean of analysts' price targets for O-I Glass (OI) points to a 31.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 07/10/2023
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Reasons to Add O-I Glass (OI) Stock to Your Portfolio
- O-I Glass (OI) is well-poised to ride on the back of the growing global demand for glass as a packaging option.
- 07/04/2023
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Should Value Investors Buy OI Glass (OI) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/27/2023
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O-I GLASS ANNOUNCES SECOND QUARTER 2023 EARNINGS CONFERENCE CALL AND WEBCAST
- PERRYSBURG, Ohio, June 26, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2023 conference call and webcast for Wednesday, August 2, 2023, at 8 a.m. EDT. The Company's news release for the second quarter 2023 earnings will be issued after the market closes on Tuesday, August 1.
- 06/26/2023
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3 Top-Ranked Momentum Stocks Ready to Breakout Now
- To the surprise of nearly everyone, markets have been extremely strong so far this year. While many analysts had forecasts for a recession and another challenging year for the stock market, the S&P 500 is up 15% and Nasdaq 39% YTD.
- 06/15/2023
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Wall Street Analysts Think O-I Glass (OI) Is a Good Investment: Is It?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 06/15/2023
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Is OI Glass (OI) Stock Outpacing Its Industrial Products Peers This Year?
- Here is how O-I Glass (OI) and Encore Wire (WIRE) have performed compared to their sector so far this year.
- 06/12/2023
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Does O-I Glass (OI) Have the Potential to Rally 31.33% as Wall Street Analysts Expect?
- The mean of analysts' price targets for O-I Glass (OI) points to a 31.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 06/09/2023
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Are Investors Undervaluing OI Glass (OI) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/09/2023
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The Glass Products Industry Is on A Secular Growth Trajectory
- Glass products are tied to many essential industries and the characteristics of glass make it suitable for a more environmentally sensitive world.
- 05/29/2023
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Factors That Make O-I Glass (OI) a Lucrative Bet Now
- O-I Glass (OI) is well-poised to ride on the back of the growing global demand for glass as a packaging option thanks to its investment in capacity and innovation.
- 05/26/2023
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Is OI Glass (OI) Outperforming Other Industrial Products Stocks This Year?
- Here is how O-I Glass (OI) and Eos Energy Enterprises, Inc. (EOSE) have performed compared to their sector so far this year.
- 05/26/2023
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O-I Glass (OI) Up 48% in a Year: What's Driving the Stock?
- O-I Glass (OI) has been gaining on incremental net price realization and strong operating and cost performance. Rising demand for glass as a packaging option will continue to drive momentum.
- 05/18/2023
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4 Stocks to Watch From the Promising Glass Products Industry
- Solid end-market demand and the focus on unveiling innovative products will aid the Zacks Glass Products industry's growth. This bodes well for stocks like OI, APOG, VIEW and CRKN.
- 05/16/2023
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Best Value Stocks to Buy for May 12th
- OI and CECO made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 12, 2023.
- 05/12/2023
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New Strong Buy Stocks for May 12th
- OI, CECO, BL, DDI and GBDC have been added to the Zacks Rank #1 (Strong Buy) List on May 12, 2023.
- 05/12/2023
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Fast-paced Momentum Stock O-I Glass (OI) Is Still Trading at a Bargain
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, O-I Glass (OI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/28/2023
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O-I Glass, Inc. (OI) Q1 2023 Earnings Call Transcript
- O-I Glass, Inc. (OI) Q1 2023 Earnings Call Transcript.
- 04/26/2023
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O-I Glass (OI) Beats Q1 Earnings and Revenue Estimates
- O-I Glass (OI) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.56 per share a year ago.
- 04/25/2023
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Here's Why O-I Glass (OI) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 04/19/2023
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O-I Glass (OI) to Report Q1 Earnings: What's in the Offing?
- O-I Glass' (OI) first-quarter results are likely to reflect gains from the growing product demand.
- 04/18/2023
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O-I Glass (OI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- O-I Glass (OI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/18/2023
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O-I Glass (OI) Starts Work on Revolutionary MAGMA Tech Facility
- O-I Glass (OI) begins construction on a new greenfield facility, which will be built on its MAGMA technology.
- 04/17/2023
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Are Investors Undervaluing OI Glass (OI) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/12/2023
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O-I Glass (OI) Recently Broke Out Above the 50-Day Moving Average
- O-I Glass (OI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, OI broke through the 50-day moving average, which suggests a short-term bullish trend.
- 04/12/2023
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Why O-I Glass (OI) Could Beat Earnings Estimates Again
- O-I Glass (OI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/11/2023
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O-I Glass Announces First Quarter 2023 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, March 30, 2023 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2023 conference call and webcast for Wednesday, April 26, 2023, at 8 a.m. EDT. The Company's news release for the first quarter 2023 earnings will be issued after the market closes on Tuesday, April 25.
- 03/30/2023
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O-I Glass (OI) Stock Rallies 58% in 6 Months: Here's Why
- O-I Glass (OI) is gaining on robust demand for glass packaging solutions and its efforts to boost margins and capacity.
- 03/09/2023
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4 Stocks Trading Near 52-Week High That Can Climb Further
- Investors target stocks that have been on a bullish run lately. Stocks like OI, MYRG, COTY and AN, which are seeing price strength, have a high chance of carrying the momentum forward.
- 03/01/2023
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O-I Glass (OI) Crossed Above the 20-Day Moving Average: What That Means for Investors
- Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
- 02/24/2023
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3 Industrial Stocks Looking Better Than the Rest
- Certain segments of the industrial products segment should be relatively stable through the downturn and therefore good options for saving capital.
- 02/23/2023
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Is OI Glass (OI) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/22/2023
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O-I Glass CFO to Present at BofA Securities 2023 Global Agriculture and Materials Conference
- PERRYSBURG, Ohio, Feb. 21, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 02/21/2023
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Finding 'Strong Buy' Stocks as Interest Rate and Inflation Worries Return
- Investors can utilize the Filtered Zacks Rank 5 Stock Screen to help find potentially winning stocks for the end of February, March, and beyond that have all been able to boost their earnings guidance
- 02/21/2023
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Has OI Glass (OI) Outpaced Other Industrial Products Stocks This Year?
- Here is how O-I Glass (OI) and Reliance Steel (RS) have performed compared to their sector so far this year.
- 02/15/2023
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Top Trades of David Abrams' Firm in the 4th Quarter
- David Abrams (Trades, Portfolio), founder of Abrams Capital Management, disclosed in a regulatory portfolio update filing that his firm's top trades during the fourth quarter included the transfer of its U-Haul Holding Co. ( UHAL , Financial)( UHAL.B , Financial) holding from voting shares to non-voting shares. The firm also boosted its position in Meta Platforms Inc. ( META , Financial), exited its positions in O-I Glass Inc. ( OI , Financial) and Kinder Morgan Inc. ( KMI , Financial) and trimmed its holdings in TransDigm Group ( TDG , Financial) and Teva Pharmaceutical Industries ( TEVA , Financial).
- 02/13/2023
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Despite Fast-paced Momentum, O-I Glass (OI) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, O-I Glass (OI) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 02/13/2023
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3 Momentum Anomaly Stocks to Buy as Markets Remain Choppy
- Nucor (NUE), Veritiv (VRTV) and O-I Glass (OI) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 02/13/2023
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How to Profit From the Relative Price Strength Strategy
- RNR, URI, ATI, WNC and OI are five stocks with explosive relative price strength.
- 02/09/2023
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O-I Glass (OI) Is Up 22.15% in One Week: What You Should Know
- Does O-I Glass (OI) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/06/2023
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Is OI Glass (OI) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/06/2023
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Stocks This Week: Buy Owens Illinois And Terex
- The S&P 400 mid cap average has been a leader since the October low. Here are a pair of stocks that are due to be leaders.
- 02/05/2023
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Earnings Estimates Moving Higher for O-I Glass (OI): Time to Buy?
- O-I Glass (OI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 02/02/2023
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O-I Glass, Inc. (OI) Q4 2022 Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q4 2022 Earnings Conference Call February 1, 2023 8:00 AM ET Company Participants Christopher Manuel - Vice President of Investor Relations Andres Lopez - Chief Executive Officer John Haudrich - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Bryan Burgmeier - Stanton Mike Roxland - Truist Securities Kyle White - Deutsche Bank Arun Viswanathan - RBC Capital Markets Gabe Hajde - Wells Fargo Mike Leithead - Barclays Operator Hello, everyone and welcome to the O-I Glass Full Year and Fourth Quarter 2022 Earnings Conference Call. My name is Davie and I'll be coordinating your call today.
- 02/01/2023
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O-I Glass (OI) Just Overtook the 20-Day Moving Average
- Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?
- 02/01/2023
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O-I Glass (OI) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y
- O-I Glass' (OI) 2022 earnings surpass estimates and increase on a yearly basis.
- 02/01/2023
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Are Industrial Products Stocks Lagging OI Glass (OI) This Year?
- Here is how O-I Glass (OI) and Siemens AG (SIEGY) have performed compared to their sector so far this year.
- 01/30/2023
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O-I Glass (OI) Is Attractively Priced Despite Fast-paced Momentum
- O-I Glass (OI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/27/2023
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4 Best Breakout Stocks to Invest In for Superb Returns
- NatWest Group (NWG), OI Glass (OI), OneSpaWorld (OSW) & Alkami Technology (ALKT) have been selected as the breakout stocks for today.
- 01/24/2023
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Should Value Investors Buy OI Glass (OI) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/20/2023
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Is OI Glass (OI) Stock Outpacing Its Industrial Products Peers This Year?
- Here is how O-I Glass (OI) and Siemens AG (SIEGY) have performed compared to their sector so far this year.
- 01/13/2023
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Fast-paced Momentum Stock O-I Glass (OI) Is Still Trading at a Bargain
- O-I Glass (OI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/10/2023
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FTC Proposes Ban on Non-Compete Clauses for Workers
- Federal Trade Commission says restrictions hurt competition and cost U.S. workers at least $250 billion a year
- 01/05/2023
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O-I Glass Announces Full Year and Fourth Quarter 2022 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, Jan. 04, 2023 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 01/04/2023
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O-I Glass (OI) Up 37% YTD: Will the Momentum Continue in 2023?
- O-I Glass (OI) will benefit from the increasing preference of customers for glass packaging. Focus on performance improvement, margin expansion initiatives and innovation also bode well for the company.
- 12/29/2022
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Are Investors Undervaluing OI Glass (OI) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/22/2022
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Why Fast-paced Mover O-I Glass (OI) Is a Great Choice for Value Investors
- O-I Glass (OI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 12/22/2022
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Best Value Stocks to Buy for December 16th
- VRTV and OI made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 16, 2022.
- 12/16/2022
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Is OI Glass (OI) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/02/2022
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4 Stocks to Watch in the Promising Glass Products Industry
- Solid demand in its end markets and the focus on unveiling innovative products will aid the Zacks Glass Products industry's growth. This bodes well for the stocks like OI, APOG, VIEW and CRKN.
- 11/30/2022
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O-I Glass CEO and CFO to Present at Citi's 2022 Basic Materials Conference
- PERRYSBURG, Ohio, Nov. 22, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 11/22/2022
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Is OI Glass (OI) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/16/2022
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5 Stocks Trading Near 52-Week High That Can Scale Higher
- Investors target stocks that have been on a bullish run lately. Stocks like ADM, OI, AIT, RPM and WTI that are seeing price strength have a high chance of carrying the momentum forward.
- 11/11/2022
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Here Is Why Bargain Hunters Would Love Fast-paced Mover O-I Glass (OI)
- O-I Glass (OI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 11/04/2022
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O-I Glass, Inc. (OI) Q3 2022 Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q3 2022 Results Conference Call November 2, 2022 8:00 AM ET Company Participants Christopher Manuel - VP, IR Andres Lopez - CEO John Haudrich - CFO Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Mike Roxland - Truist Securities Anthony Pettinari - Citi Mark Wilde - Bank of Montreal Kyle White - Deutsche Bank Gabe Hajde - Wells Fargo Arun Viswanathan - RBC Capital Markets Adam Josephson - KeyBanc Jay Mayers - Goldman Sachs Operator Hello, everyone, and welcome to the O-I Glass Third Quarter 2022 Results Conference Call. My name is Sam, and I'll be coordinating your call today.
- 11/02/2022
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O-I Glass (OI) Q3 Earnings Surpass Estimates
- O-I Glass (OI) delivered earnings and revenue surprises of 1.61% and 1.43%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2022
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Transformed O-I Glass Has Some More Upside Left
- O-I Glass has completed its transformation and is now in the process of continuing to grow. Shares have risen nicely in response, with investor enthusiasm for the enterprise rising even as the broader market falls.
- 10/17/2022
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider O-I Glass (OI)
- O-I Glass (OI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 10/12/2022
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Best Growth Stocks to Buy for October 11th
- HHS, JBL and OI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 11, 2022.
- 10/11/2022
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Should Value Investors Buy OI Glass (OI) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/06/2022
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O-I Glass Announces Third Quarter 2022 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, Oct. 05, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 10/05/2022
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7 Small-Cap Stocks to Buy to Tap Into a Hidden Bull Market
- The S&P SmallCap 600 is down 24.0% year-t0-date through Sep. 30. That's 77 basis points less than the S&P 500.
- 10/03/2022
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O-I Glass CFO to Present at Credit Suisse 35th Annual Specialties & Basics Conference
- PERRYSBURG, Ohio, Sept. 07, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 09/07/2022
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Solid Demand to Boost O-I Glass (OI) Despite Cost Concerns
- O-I Glass (OI) is benefiting from solid demand for glass packaging as well as its efforts to improve productivity and efficiency. Meanwhile, supply-chain issues and cost headwinds linger.
- 09/05/2022
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Why O-I Glass (OI) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 09/05/2022
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O-I Glass (OI) Completes $1.5B Portfolio Optimization Plan
- O-I Glass (OI) concludes the Portfolio Optimization program that entails exiting non-core operations and investing in its core business and generated $1.5 billion in proceeds.
- 08/08/2022
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O-I Glass: Executing According To Plan - Ignore The Panic Selling
- O-I Glass is one of the largest producers of glass containers in the world. The market appears rattled by the weak Q4 guidance, although a very strong Q4 2021 makes it difficult to compare.
- 08/03/2022
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q2 2022 Results - Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q2 2022 Earnings Conference Call August 3, 2022 8:00 AM ET Company Participants Chris Manuel - Vice President, Investor Relations Andres Lopez - Chief Executive Officer John Haudrich - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Mike Roxland - Truist Securities Anthony Pettinari - Citi Kyle White - Deutsche Bank Mark Wilde - Bank of Montreal Adam Josephson - KeyBanc Capital Markets Gabe Hajde - Wells Fargo Jay Mayers - Goldman Sachs Operator Hello and welcome to today's O-I Glass Second Quarter 2022 Earnings Conference Call. My name is Elliot and I will be coordinating your call today.
- 08/03/2022
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O-I Glass (OI) Beats Q2 Earnings Estimates, Hikes '22 View
- O-I Glass' (OI) Q2 earnings benefit from higher selling prices and improved operating and cost performance.
- 08/03/2022
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O-I Glass (OI) Q2 Earnings and Revenues Surpass Estimates
- O-I Glass (OI) delivered earnings and revenue surprises of 8.96% and 2.31%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2022
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Is OI Glass (OI) Outperforming Other Industrial Products Stocks This Year?
- Here is how O-I Glass (OI) and Titan International (TWI) have performed compared to their sector so far this year.
- 07/11/2022
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O-I Glass Announces Second Quarter 2022 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, July 06, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 07/06/2022
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O-I Glass (OI) Gains on Solid Demand Despite Cost Hurdles
- O-I Glass (OI) is benefiting from solid demand for glass packaging, as well as its efforts to improve productivity and efficiency.
- 07/04/2022
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O-I Glass (OI) Stock Rallies 21% Year to Date: Here's Why
- O-I Glass (OI) is gaining on an upbeat outlook for the ongoing quarter, backed by higher shipments, robust demand for glass packaging solutions and solid progress on its ongoing Portfolio Optimization program.
- 06/20/2022
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Has OI Glass (OI) Outpaced Other Industrial Products Stocks This Year?
- Here is how O-I Glass (OI) and Tenaris S.A. (TS) have performed compared to their sector so far this year.
- 06/15/2022
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O-I Glass (OI) Shows Fast-paced Momentum But Is Still a Bargain Stock
- O-I Glass (OI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 06/10/2022
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O-I Glass CFO to Present at Deutsche Bank 13th Annual Global Materials Conference
- PERRYSBURG, Ohio, May 31, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 05/31/2022
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Here's Why O-I Glass (OI) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 05/27/2022
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BofA Upgrades O-I Glass On An Improvement In Outlook
- O-I Glass Inc's (NYSE: OI) positioning in Europe has strengthened and there is potential for demand for glass-packaged products to be less price elastic, according to BofA Securities. The O-I Glass Analyst: George Staphos upgraded the rating for O-I Glass from Neutral to Buy, while raising.
- 05/27/2022
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Fast-paced Momentum Stock O-I Glass (OI) Is Still Trading at a Bargain
- O-I Glass (OI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/24/2022
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O-I Glass Is Still A Buy Trading At 7X Earnings
- O-I Glass expects its price hikes will 'more than offset' cost increases. That's bullish, as it means the company thinks it is immune for (energy) cost inflation.
- 05/23/2022
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Here's Why You Should Consider Investing in O-I Glass (OI)
- Solid demand for glass packaging, margin expansion efforts and upbeat growth projections are some of the factors that make O-I Glass (OI) stock a solid investment choice.
- 05/23/2022
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3 Buy-Ranked Stocks That Popped Last Week
- These three stocks have had a good week.
- 05/20/2022
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O-I Glass' (OI) Portfolio Optimization Plan Nears Completion
- O-I Glass (OI) has so far generated $1.3 billion of proceeds under its ongoing Portfolio Optimization program that entails exiting non-core operations and investing in its core business.
- 05/18/2022
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Is OI Glass (OI) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/13/2022
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How Much Upside is Left in O-I Glass (OI)? Wall Street Analysts Think 27%
- The average of price targets set by Wall Street analysts indicates a potential upside of 27.4% in O-I Glass (OI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 05/11/2022
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O-I Glass (OI) Is Attractively Priced Despite Fast-paced Momentum
- O-I Glass (OI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/04/2022
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O-I Glass, Inc.'s (OI) CEO Andres Lopez on Q1 2022 Results - Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI ) Q1 2022 Earnings Conference Call April 26, 2022 8:00 AM ET Company Participants Christopher Manuel - Vice President, Investor Relations Andres Lopez - Chief Executive Officer John Haudrich - Senior Vice President and Chief Financial Officer Conference Call Participants Ghansham Panjabi - Robert W. Baird & Co. Michael Roxland - Truist Securities George Staphos - Bank of America Merrill Lynch Mark Wilde - BMO Capital Markets Gabe Hajde - Wells Fargo Securities Kyle White - Deutsche Bank Adam Josephson - KeyBanc Capital Markets Jay Mayers - Goldman Sachs Bryan Burgmeier - Citigroup Global Markets Inc. Operator Good day and thank you for standing by.
- 04/26/2022
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O-I Glass' (OI) Q1 Earnings Beat Estimates, Ups '22 Guidance
- O-I Glass' (OI) Q1 earnings benefit from higher volumes and prices. For 2022, it guides adjusted EPS between $1.85 and $2.10.
- 04/26/2022
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O-I Glass (OI) Beats Q1 Earnings and Revenue Estimates
- O-I Glass (OI) delivered earnings and revenue surprises of 36.59% and 9.67%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/25/2022
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O-I Glass Announces First Quarter 2022 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, March 29, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 03/29/2022
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O-I Glass (OI) Bets on Glass Packaging Demand Amid Cost Woes
- O-I Glass (OI) is benefiting from solid demand for glass packaging, focus on innovations and investment in capacity expansion.
- 03/18/2022
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O-I Glass Is Trading At An Underlying 17% Free Cash Flow Yield So I'm A Buyer
- O-I is a major producer of glass containers with a strong market position in the Americas and Europe.
- 02/28/2022
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O-I Glass CFO to Present at BofA Securities 2022 Global Agriculture and Materials Conference
- PERRYSBURG, Ohio, Feb. 23, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 02/23/2022
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q4 2021 Results - Earnings Call Transcript
- O-I Glass, Inc. (OI) CEO Andres Lopez on Q4 2021 Results - Earnings Call Transcript
- 02/02/2022
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O-I Glass' (OI) Q4 Earnings and Revenues Beat Estimates
- O-I Glass' (OI) Q4 earnings bear the brunt of high costs. For 2022, it expects higher selling prices to likely offset inflationary cost pressures and guides adjusted EPS between $1.85 and $2.00.
- 02/02/2022
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O-I Glass (OI) Q4 Earnings and Revenues Surpass Estimates
- O-I Glass (OI) delivered earnings and revenue surprises of 12.50% and 4.35%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/01/2022
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O-I Glass Announces Full Year and Fourth Quarter 2021 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, Jan. 05, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 01/05/2022
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O-I Glass (OI) Inks Deal to Sell Cristar Tableware Business
- O-I Glass (OI) agrees to sell its Cristar business for around $95 million that will be utilized to fund its expansion plan, leveraging its new MAGMA solution and reducing debt.
- 12/29/2021
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O-I Glass Agrees To Sell Cristar Tableware Business
- O-I Glass Inc (NYSE: OI) agreed to sell Cristar TableTop S.A.S. to Vidros Colombia S.A.S, an affiliate of Brazil-based tableware producer Nadir Figueiredo S.A.
- 12/27/2021
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O-I Glass: Its Transformation Offers A Chance To Get In Cheap
- O-I Glass is undergoing a significant transformation at this point in time, which has created some uncertainty for shareholders.
- 12/13/2021
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Reasons to Hold O-I Glass (OI) Stock in Your Portfolio Now
- Solid demand for glass packaging, margin expansion efforts and upbeat growth projections are some of the factors that make O-I Glass (OI) stock worth holding on to at the moment.
- 12/03/2021
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O-I Glass (OI) Down 8.4% Since Last Earnings Report: Can It Rebound?
- O-I Glass (OI) reported earnings 30 days ago. What's next for the stock?
- 11/24/2021
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O-I CEO and CFO to Present at The Citi's 2021 Basic Materials Virtual Conference
- PERRYSBURG, Ohio, Nov. 23, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 11/23/2021
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O-I Glass To Raise $400M Via Debt Offering
- O-I Glass Inc's (NYSE: OI) subsidiary, OI European Group B.V., has launched $400 million of its senior notes due 2030 in a private offering.
- 11/08/2021
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O-I Glass (OI) is a Top-Ranked Growth Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 11/02/2021
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O-I Glass (OI) Q3 Earnings Beat Estimates, Raises '21 View
- O-I Glass' (OI) Q3 results gain from solid operating and cost performance. Backed by this, it expects adjusted earnings per share between $1.77 and $1.82 in 2021.
- 10/27/2021
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q3 2021 Results - Earnings Call Transcript
- O-I Glass, Inc. (OI) CEO Andres Lopez on Q3 2021 Results - Earnings Call Transcript
- 10/26/2021
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O-I Glass: Q3 Earnings Insights
- O-I Glass (NYSE:OI) reported its Q3 earnings results on Monday, October 25, 2021 at 04:20 PM. Here's what investors need to know about the announcement.
- 10/25/2021
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Why O-I Glass (OI) Might Surprise This Earnings Season
- O-I Glass (OI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 10/21/2021
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O-I Announces Third Quarter 2021 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, Oct. 05, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 10/05/2021
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O-I Glass (OI) Expands Transformation Plan, Raises Guidance for 2021
- O-I Glass' (OI) transformation plan focuses on customers' increasing demand for glass products, investing in new capacity and MAGMA technology, margin expansion and portfolio optimization
- 09/29/2021
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5 Must-Buy Manufacturing Stocks That Outperformed S&P 500 YTD
- With the manufacturing sector running at full steam, it is prudent to invest in stocks like DE, TEX, AGCO, OI and JBT that are outperforming the S&P 500 and set to gain further.
- 09/28/2021
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ACCELERATING O-I GLASS' TRANSFORMATION
- The combination of a deep transformation and breakthrough innovation pave the way to capitalize on favorable market trends. The combination of a deep transformation and breakthrough innovation pave the way to capitalize on favorable market trends.
- 09/28/2021
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O-I Glass Stock: Strong Free Cash Flows Are A Tremendous Help To The Balance Sheet
- O-I Glass has turned the corner and is now generating strong cash flows on an underlying basis.
- 09/20/2021
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O-I Glass Announces 2021 Virtual Investor Day
- PERRYSBURG, Ohio, Sept. 14, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 09/14/2021
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Here's Why You Should Invest in O-I Glass (OI) Stock Now
- Solid demand for glass packaging, its margin expansion efforts and upbeat growth projections, and share performance ahead of the industry are some of the factors that make O-I Glass (OI) a worthy investment option.
- 08/30/2021
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q2 2021 Results - Earnings Call Transcript
- O-I Glass, Inc. (OI) CEO Andres Lopez on Q2 2021 Results - Earnings Call Transcript
- 08/04/2021
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O-I Glass (OI) Beats on Q2 Earnings & Sales, Hikes 2021 View
- O-I Glass' (OI) Q2 results gain from improved sales and production volumes as well as solid operating and cost performance.
- 08/04/2021
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O-I GLASS REPORTS STRONG SECOND QUARTER 2021 RESULTS
- Results exceeded expectations on strong shipments and solid operating performance Results exceeded expectations on strong shipments and solid operating performance
- 08/03/2021
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O-I Glass (OI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- O-I Glass (OI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/27/2021
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Why O-I Glass (OI) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 07/22/2021
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General Motors Company Ranked Among Today's Trending Stocks
- Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified General Motors Company, among others.
- 07/07/2021
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O-I Glass Is An Attractive Value Play
- O-I Glass has been going through some major transformations as of late. This muddies the water some, but current guidance is incredibly encouraging for long-term investors.
- 07/04/2021
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O-I Announces Second Quarter 2021 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, June 29, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 06/29/2021
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O-I Glass (OI) Shares Up 37% YTD: What's Driving the Rally?
- Solid demand for glass packaging solutions and focus on investments in capacity expansions are driving the impressive share-price rally.
- 06/22/2021
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O-I CEO and CFO to Present at the Deutsche Bank 12th Annual Global Basic Materials Conference
- PERRYSBURG, Ohio, June 02, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 06/02/2021
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BofA Securities Has Buy Ratings on 4 Reddit/WallStreetBets Stocks
- Unless they were on another planet earlier this year, most investors were well aware of the invasion of the retail stock traders.
- 05/14/2021
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John H. Walker Appointed Chair of O-I Glass Board of Directors
- PERRYSBURG, Ohio, May 12, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 05/12/2021
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Top 5 Trades of Tom Gayner's Markel in 1st Quarter
- Tom Gayner (Trades, Portfolio), chief investment officer of Markel Corp. ( MKL , Financial), disclosed this week that his firm's top five trades during the first quarter included a new buy in Regeneron Pharmaceuticals Inc. ( REGN , Financial), position boosts in Equifax Inc. ( EFX , Financial) and International Flavors & Fragrances Inc. ( IFF , Financial) and reductions in the Microchip Technology Inc. ( MCHP , Financial) and O-I Glass Inc. ( OI , Financial) holdings.
- 05/04/2021
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q1 2021 Results - Earnings Call Transcript
- O-I Glass, Inc. (OI) CEO Andres Lopez on Q1 2021 Results - Earnings Call Transcript
- 04/29/2021
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O-I GLASS REPORTS FIRST QUARTER 2021 RESULTS
- Performance was consistent with original guidance despite significant impact of severe weather Performance was consistent with original guidance despite significant impact of severe weather
- 04/28/2021
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O-I Glass Announces Agreement of Potential Plan of Reorganization for Paddock Subsidiary
- PERRYSBURG, Ohio, April 26, 2021 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced that its wholly owned subsidiary, Paddock Enterprises, LLC (“Paddock”), has reached an agreement in principle for a consensual plan of reorganization under section 524(g) of the Bankruptcy Code. Paddock, the Official Committee of Asbestos Personal Injury Claimants (the “ACC”), and the legal representative for the future asbestos personal injury claimants (the “FCR”) all agreed to accept the terms of a mediator's proposal regarding a potential consensual plan of reorganization for Paddock. O-I Glass supports the agreement among Paddock, the ACC and the FCR that follows a successful court-approved mediation process conducted by Kenneth Feinberg and the Honorable Layn R. Phillips in connection with Paddock's ongoing Chapter 11 case.
- 04/26/2021
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O-I Glass (OI) Stock Up 23% in 3 Months: More Room to Run?
- O-I Glass' (OI) robust demand for glass packaging solutions, capacity expansions and acquisitions are driving the impressive share-price rally.
- 04/12/2021
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O-I Announces First Quarter 2021 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio , March 30, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 03/30/2021
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Strength Seen in O-I Glass (OI): Can Its 17.3% Jump Turn into More Strength?
- O-I Glass (OI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 03/26/2021
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OI Stock Price Increased Over 18% Intraday: Why It Happened
- The stock price of O-I Glass Inc (NYSE: OI) has increased by over 18% during intraday trading. This is why it happened.
- 03/25/2021
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Neurocrine Biosciences Set to Join S&P MidCap 400; O-I Glass to Join S&P SmallCap 600
- NEW YORK, March 24, 2021 /PRNewswire/ -- Neurocrine Biosciences Inc. (NASD:NBIX) will replace O-I Glass Inc. (NYSE:OI) in the S&P MidCap 400, and O-I Glass will replace HMS Holdings Corp (NASD:HMSY) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, March 30. Veritas Capital is acquiring HMS Holding in a deal expected to be completed soon pending final conditions.
- 03/24/2021
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O-I Glass' (OI) Zipaquira Expansion to Meet Glass Packaging Demand
- O-I Glass' (OI) expansion of the Zipaquira facility will create one of the largest and cost-effective plants of the company in the global network, meeting heightening glass packaging demand.
- 03/24/2021
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O-I Glass Announces Expansion in the Andean Market to Serve Growing Demand for Sustainable Glass Packaging
- PERRYSBURG, Ohio, March 23, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 03/23/2021
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O-I CEO and CFO to Present at the BofA Securities 2021 Global Agriculture and Materials Conference
- PERRYSBURG, Ohio, Feb. 25, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 02/25/2021
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O-I GLASS BUSINESS UPDATE
- PERRYSBURG, Ohio, Feb. 23, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 02/23/2021
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q4 2020 Results - Earnings Call Transcript
- O-I Glass, Inc. (OI) CEO Andres Lopez on Q4 2020 Results - Earnings Call Transcript
- 02/10/2021
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O-I Glass (OI) Earnings Beat, Revenues Miss Estimates in Q4
- O-I Glass (OI) estimates adjusted earnings per share (EPS) for the ongoing year to lie between $1.55 and $1.75.
- 02/10/2021
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O-I Glass (OI) Q4 Earnings Top Estimates
- O-I Glass (OI) delivered earnings and revenue surprises of 17.65% and -0.83%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/09/2021
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O-I Glass Reports Full Year and Fourth Quarter 2020 Results
- Business performance exceeded company guidance Business performance exceeded company guidance
- 02/09/2021
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VAW: Materials Dashboard For January
- VAW: Materials Dashboard For January
- 01/26/2021
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O-I Announces Full Year and Fourth Quarter 2020 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, Jan. 07, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
- 01/07/2021
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O-I Glass (OI) Gains From Glass Packaging Demand & Cost Cuts
- O-I Glass (OI) poised to gain from focus on sustainable glass packaging solutions, capacity expansions and acquisitions.
- 11/26/2020
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O-I Glass: Buy This Turnaround
- The company is making vast amounts of cash from limited CAPEX, but interest expenses are eating a big portion of it. Asbestos claims are slowly getting to an end, and this will allow the company to continue making strong cash in the medium term.
- 11/23/2020
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O-I Issues 2020 Green Bond Allocation Update
- Green Bond Net Proceeds Allocated for Sustainable Projects Green Bond Net Proceeds Allocated for Sustainable Projects
- 11/12/2020
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q3 2020 Results - Earnings Call Transcript
- O-I Glass, Inc. (OI) CEO Andres Lopez on Q3 2020 Results - Earnings Call Transcript
- 10/28/2020
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O-I Glass: Q3 Earnings Insights
- Shares of O-I Glass (NYSE:OI) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 24.07% year over year to $0.41, which beat the estimate of $0.28.
- 10/27/2020
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O-I REPORTS THIRD QUARTER 2020 RESULTS
- Strong Rebound After A Challenging Second Quarter Due to the Pandemic Strong Rebound After A Challenging Second Quarter Due to the Pandemic
- 10/27/2020
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Tracking Alex Roepers' Atlantic Investment Management Portfolio - Q2 2020 Update
- Atlantic Investment Management’s 13F portfolio value increased from $177M to $204M. The number of positions decreased from 18 to 9.
- 09/01/2020
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Tracking David Abrams' Abrams Capital Management Portfolio - Q2 2020 Update
- David Abrams' 13F portfolio value increased this quarter from $2.54B to $3.09B. The number of positions decreased from 22 to 20.
- 08/14/2020
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Is There An Opportunity With O-I Glass, Inc.'s (NYSE:OI) 46% Undervaluation?
- Does the August share price for O-I Glass, Inc. (NYSE:OI) reflect what it's really worth? Today, we will estimate the...
- 08/06/2020
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U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show
- U.S. glass maker seeks to seize Venezuela-owned oil tanker to collect award, court papers show
- 08/06/2020
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Owens-Illinois Inc (OI) Q2 2020 Earnings Call Transcript
- With that, I would now like to hand the conference over your speaker, Mr. Chris Manuel, Vice President of Investor Relations. Despite the most challenging business conditions in decades, we remain slightly profitable, generated a strong cash flow and positioned the business well for the recovery.
- 08/05/2020
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Mid-Afternoon Market Update: Key Tronic Rises After Q4 Results; EverQuote Shares Slide
- Toward the end of trading Wednesday, the Dow traded up 1.14% to 27134.69 while the NASDAQ rose 0.49% to 10995.28. The S&P also rose, gaining 0.64% to 3,327.51.
The U.S. has...
- 08/05/2020
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O-I REPORTS SECOND QUARTER 2020 RESULTS
- Improving business trends as markets reopenPERRYSBURG, Ohio, Aug. 04, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASEO-I Glass, Inc. (NYSE: OI) today reported financial results for the second quarter ended June 30, 2020.“The first half of 2020 was the most challenging business environment in decades given the sudden onset of the pandemic. However, the second quarter ended on a positive note. After enduring the brunt of COVID-19 in April and May, O-I’s sales volume improved significantly in the latter part of the quarter as markets started to reopen. Likewise, continued strong operating performance and cost control measures helped partially mitigate the impact of the pandemic and contributed to very good cash flow in the quarter,” said Andres Lopez, O-I CEO. “O-I successfully advanced a number of important strategic efforts to create long-term value. The company’s turnaround initiatives provided a strong platform to improve operating performance and navigate the pandemic. O-I recently completed the sale of its Australia and New Zealand (“ANZ”) operation to optimize its structure and reduce debt. Furthermore, refinancing efforts improved the company’s financial flexibility, and the Paddock Chapter 11 process continues to progress as O-I seeks a final resolution of its legacy asbestos liabilities. Consistent with O-I’s goal to revolutionize glass, the company remains on track with the Generation 1 MAGMA installation in early 2021 that will pave the way for broader deployment starting in 2022,” added Lopez. Summary * Reported Earnings: For the second quarter 2020, loss from continuing operations was $0.64 per share compared with earnings of $0.42 per share (diluted) in the second quarter of 2019. Current quarter results included the unfavorable impact of the pandemic, as well as charges for restructuring, asset impairment and note repurchase premiums. * Adjusted Earnings: Excluding certain items management considers not representative of ongoing operations, adjusted earnings1 were $0.01 per share, compared with $0.69 per share in the second quarter of 2019. Current quarter results reflected the impact of the pandemic and were consistent with the company’s most recent business update that indicated approximately breakeven results. * Second Quarter Performance Ended on a Promising Note: O-I’s performance improved in June as markets began to reopen after enduring the brunt of the pandemic in April and May. June sales volumes were down 3 percent from the prior year, which compared favorably to the 18 percent decline in daily shipment levels during the April and May period. The benefit of higher selling prices offset cost inflation. Operating performance remained strong, and the company’s turnaround initiatives and cost control measures partially mitigated the impact of COVID-19. * Favorable Cash Flows Compared to Prior Year: Cash provided by continuing operations in the second quarter 2020 was $181 million compared to cash utilized in continuing operations in the second quarter 2019 of $67 million. Cash payments for property, plant and equipment were $69 million in the second quarter of 2020 compared to $112 million in the prior year quarter. O-I reported $112 million of free cash flow1 in the second quarter of 2020 compared to negative free cash flow of $179 million in 2019. Improved cash flows primarily reflected the company’s strong cash and capital management, despite the second quarter typically being a seasonal use of cash for the business. * Strong Liquidity: As a result of favorable cash flows, committed liquidity improved over the course of the quarter and exceeded $1.8 billion as of June 30, 2020. * Business Outlook: Due to the significant uncertainty related to the pandemic, the company has limited guidance to shipment trends. Based on recent favorable trends, O-I’s full year sales volume outlook is a 4 to 7 percent decline compared to the prior year which is an improvement from the company’s prior outlook of a 5 to 10 percent decline. The company anticipates third quarter 2020 sales volume will be approximately flat to slightly down compared to the prior year period. The outlook for both the full year and third quarter shipments has been normalized for the sale of ANZ as of July 31, 2020. Second Quarter 2020 ResultsNet sales in the second quarter of 2020 were $1.4 billion, compared to $1.8 billion in the second quarter of 2019. Average selling prices improved approximately 1 percent and increased revenue $18 million. However, lower shipments due to the pandemic negatively impacted sales by $255 million. Unfavorable foreign currency translation reduced net sales by $88 million. Segment operating profit1 was $95 million in the quarter, compared with $236 million in the same period of 2019. Current year profits were impacted $6 million by unfavorable foreign currency translation. The benefit of higher selling prices more than offset incremental cost inflation by $1 million. Reflecting the impact of the pandemic, sales volume in tons declined approximately 15 percent from the prior year quarter and negatively impacted segment operating profit by $84 million. Segment operating profit was negatively impacted by $52 million as lower production levels were partially offset by improved operating performance and cost control efforts. Production levels were down approximately 20 percent from the second quarter of 2019 reflecting required curtailment to comply with government decrees to manage the pandemic, including disruptive lock downs in Mexico and the Andean countries, as well as the company’s effort to align supply with lower demand and manage inventory. * Americas: Segment operating profit in the Americas was $52 million compared to $144 million in the second quarter 2019. Results were unfavorably impacted $4 million by foreign currency translation. Overall, segment operating profit benefited from improved operating performance due to O-I’s turnaround initiatives while higher selling prices mostly compensated for incremental cost inflation. Results were negatively impacted by lower sales and production volume due to the pandemic. Sales volume was down approximately 18 percent during the second quarter, but the decline narrowed to 8 percent in June as markets started to reopen. * Europe: Segment operating profit in Europe was $42 million compared to $90 million in the second quarter 2019. Results were unfavorably impacted $3 million by foreign currency translation. Segment operating profit benefited from higher selling prices, which more than compensated for incremental cost inflation. Favorable operating performance also boosted segment operating profit driven by turnaround initiatives and cost control measures. These benefits were more than offset by lower sales and production volume due to the pandemic. Sales volume was down approximately 14 percent during the second quarter, but sales volumes were up approximately 3 percent in June as markets started to reopen. * Asia Pacific: Segment operating profit in Asia Pacific was $1 million compared to $2 million in the second quarter of 2019. On July 31, 2020, the company completed the divestiture of its ANZ operation, the largest unit within the Asia Pacific region, to Visy Industries. Retained corporate and other costs were $33 million, which was $5 million higher than the prior year quarter following the sale of the company’s interest in a soda ash joint venture during 2019. O-I’s interest expense, net, was $98 million compared to $68 million last year. Excluding certain items management does not consider representative of ongoing operations, adjusted net interest expense1 was $60 million, down from $66 million in the prior year due to recent refinancing activities. The company’s effective tax rate was 15.1 percent compared to 27.6 percent last year. Excluding certain items management does not consider representative of ongoing operations, the adjusted effective tax rate1 was 48.3 percent compared to 20.8 percent in the prior year period. The higher rate reflected shifts in regional earnings mix as well as interest expense deductibility limits in certain markets and withholding taxes. Cash provided by continuing operations in the second quarter 2020 was $181 million compared to cash utilized in continuing operations in the second quarter 2019 of $67 million. Cash payments for property, plant and equipment were $69 million in the second quarter of 2020 compared to $112 million in the prior year quarter. Free cash flow was $112 million in the second quarter of 2020 compared to $179 million of negative free cash flow in the prior year. Improved free cash flow primarily reflected a $288 million improvement in working capital ($150 million excluding the impact of incremental accounts receivable factoring in 2020) and $43 million lower capital expenditures, which more than offset a decline in earnings due to the pandemic.Total debt was $6.5 billion at June 30, 2020 compared to $6.4 billion at March 31, 2020 and $6.3 billion at June 30, 2019. Net debt1 was $5.4 billion at June 30, 2020 which was down from $5.5 billion at March 31, 2020 and $6.0 billion at June 30, 2019. At the end of the second quarter 2020, O-I maintained in excess of $1.8 billion in total committed liquidity including cash-on-hand as well as undrawn availability on committed lines of credit. In both the second quarter of 2020 and 2019, the company recorded several significant items impacting reported results as presented in the table entitled Reconciliation to Adjusted Earnings. Management considers these items not representative of ongoing operations and they are excluded from adjusted earnings.
- 08/04/2020
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COVID-19 Impacts: Food Packaging Market Will Accelerate at a CAGR of Over 3% Through 2020-2024 | Growing Need to Prevent Food Counterfeiting to Boost Growth | Technavio
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COVID-19 Impacts: Food Packaging Market Will Accelerate at a CAGR of Over 3% Through 2020-2024 | Growing Need to Prevent Food Counterfeiting to Boost Growth | Technavio
- The Global Food Packaging Market will grow by USD 56.87 bn during 2020-2024
- 08/03/2020
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The jobs report and congressional politics may matter more for markets than earnings in the week ahead
- The market could lose some exuberance as the calendar turns to August, and investors await Friday's July employment report.
- 07/31/2020
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O-I Glass Completes the Sale of ANZ Business Unit
- PERRYSBURG, Ohio, July 31, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced it completed the sale of its Australia and New Zealand (ANZ) business unit to Visy Industries. Gross proceeds approximated AUD $947 million including a related sale-leaseback agreement which approximated AUD $214 million. Based on recent currency exchange rates, gross proceeds represented approximately USD $677 million. Approximately 95 percent of proceeds are being received at time of closing and the remaining balance will be paid within 12 months of closing without conditions precedent. Net proceeds will be principally used to reduce debt.O-I ANZ is the largest manufacturer of glass bottles and containers in Australia and New Zealand and the business generated sales of approximately AUD $754 million and EBITDA of approximately AUD $124 million in 2019.This divestiture substantially completes an in-depth strategic review of the company’s global business portfolio and operating structure. About O-I Glass At O-I Glass, Inc. (NYSE: OI), we love glass and we’re proud to make more of it than any other glass bottle or jar producer in the world. We love that it’s beautiful, pure and completely recyclable. With global headquarters in Perrysburg, Ohio, we are the preferred partner for many of the world’s leading food and beverage brands. Working hand and hand with our customers, we give our passion and expertise to make their bottles iconic and help build their brands around the world. With more than 25,500 people at 72 plants in 20 countries, O-I has a global impact, achieving revenues of $6.7 billion in 2019. For more information, visit o-i.com.Forward-Looking StatementsThis press release contains “forward-looking” statements related to O-I Glass, Inc. (“O-I Glass” or the “company”) within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Section 27A of the Securities Act of 1933. Forward-looking statements reflect the company’s current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words “believe,” “expect,” “anticipate,” “will,” “could,” “would,” “should,” “may,” “plan,” “estimate,” “intend,” “predict,” “potential,” “continue,” and the negatives of these words and other similar expressions generally identify forward-looking statements.It is possible that the company’s future financial performance may differ from expectations due to a variety of factors including, but not limited to the following: (1) the company’s ability to obtain the benefits it anticipates from the Corporate Modernization, (2) risks inherent in, and potentially adverse developments related to, the Chapter 11 bankruptcy proceeding involving the company’s wholly owned subsidiary Paddock, that could adversely affect the company and the company’s liquidity or results of operations, including the impact of deconsolidating Paddock from the company’s financials, risks from asbestos-related claimant representatives asserting claims against the company and potential for litigation and payment demands against us by such representatives and other third parties, (3) the amount that will be necessary to fully and finally resolve all of Paddock’s asbestos-related claims and the company’s obligations to make payments to resolve such claims under the terms of its support agreement with Paddock, (4) the company’s ability to manage its cost structure, including its success in implementing restructuring or other plans aimed at improving the company’s operating efficiency and working capital management, achieving cost savings, and remaining well-positioned to address the company’s legacy liabilities, (5) the company’s ability to acquire or divest businesses, acquire and expand plants, integrate operations of acquired businesses and achieve expected benefits from acquisitions, divestitures or expansions, (6) the company’s ability to achieve its strategic plan, (7) foreign currency fluctuations relative to the U.S. dollar, (8) changes in capital availability or cost, including interest rate fluctuations and the ability of the company to refinance debt at favorable terms, (9) the general political, economic and competitive conditions in markets and countries where the company has operations, including uncertainties related to Brexit, economic and social conditions, disruptions in the supply chain, competitive pricing pressures, inflation or deflation, changes in tax rates and laws, natural disasters, and weather; (10) the impact of COVID-19 and the various governmental, industry and consumer actions relate thereto, (11) the company’s ability to generate sufficient future cash flows to ensure the company’s goodwill is not impaired, (12) consumer preferences for alternative forms of packaging, (13) cost and availability of raw materials, labor, energy and transportation, (14) consolidation among competitors and customers, (15) unanticipated expenditures with respect to data privacy, environmental, safety and health laws, (16) unanticipated operational disruptions, including higher capital spending, (17) the company’s ability to further develop its sales, marketing and product development capabilities, (18) the failure of the company’s joint venture partners to meet their obligations or commit additional capital to the joint venture, (19) the ability of the company and the third parties on which it relies for information technology system support to prevent and detect security breaches related to cybersecurity and data privacy, (20) changes in U.S. trade policies, and the other risk factors discussed in the company’s Annual Report on Form 10-K for the year ended December 31, 2019, Quarterly Report on form 10-Q for the quarterly period ended March 31, 2020 and any subsequently filed Annual Report on Form 10-K, Quarterly Reports on Form 10-Q or the company’s other filings with the Securities and Exchange Commission.It is not possible to foresee or identify all such factors. Any forward-looking statements in this document are based on certain assumptions and analyses made by the company in light of its experience and perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations. While the company continually reviews trends and uncertainties affecting the company’s results or operations and financial condition, the company does not assume any obligation to update or supplement any particular forward-looking statements contained in this document.Attachment * O-I Glass Completes the Sale of ANZ Business Unit CONTACT: For more information, contact: Chris Manuel Vice President of Investor Relations 567-336-2600 Chris.Manuel@o-i.com
- 07/31/2020
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O-I Glass, Inc.: A Nice Sale, No Game Changer
- O-I Glass sold the majority of its Asia-Pacific business, its smallest segment. The sale takes place at a fair multiple and reduces pro-forma sales by approximately 8% while making a dent in addressing the leverage situation.
- 07/25/2020
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Stocks Showing Improved Relative Strength: O-I Glass Inc
- O-I Glass Inc shows rising price performance, earning an upgrade to its IBD Relative Strength Rating
- 07/21/2020
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O-I Glass: A Sensible Divestiture
- The management team at O-I Glass announced the sale of its ANZ business assets. This move is not on great terms and the interest rate of debt being bought back with proceeds is low.
- 07/16/2020
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Australia's richest family in $1b deal
- Anthony Pratt says manufacturing has never been more important for Australia as Visy buys the local glass bottle unit offloaded by US group Owens-Illinois which would employ 7200 'well-paying' manufacturing jobs.
- 07/15/2020
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Visy buys bottle maker Owens-Illinois' local operations
- Anthony Pratt's Visy has agreed to buy bottle maker Owens-Illinois' Australian and New Zealand business
- 07/15/2020
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O-I Glass Agrees to Divest Its Australia and New Zealand Business Unit
- PERRYSBURG, Ohio, July 15, 2020 -- FOR IMMEDIATE RELEASE Gross proceeds of AUD $947 million; Net proceeds will be used to reduce debtSecond quarter 2020 business.
- 07/15/2020
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Silver Ring Value Partners Q2 2020 Letter
- Silver Ring Value Partners utilizes a concentrated intrinsic value approach in seeking to safely compound capital over the long term.
- 07/14/2020
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Did Hedge Funds Make The Right Call On O-I Glass, Inc. (OI)?
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
- 07/11/2020
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Owens-Illinois (NYSE:OI) Stock Price Passes Above Two Hundred Day Moving Average of $9.58
- Owens-Illinois Inc (NYSE:OI) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.58 and traded as high as $9.61. Owens-Illinois shares last traded at $9.34, with a volume of 1,192,400 shares traded. Several equities research analysts have recently weighed in on […]
- 07/07/2020
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O-I Announces Second Quarter 2020 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, June 25, 2020 -- O-I Glass, Inc. (NYSE: OI) has scheduled its second quarter 2020 conference call and webcast for Wednesday, Aug. 5, 2020, at 8 a.m. EDT. The.
- 06/25/2020
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At CAGR of 5.2%, Global Alcohol Packaging Market Will Reach USD 91.3 Billion by 2026: Facts & Factors
- Global Alcohol Packaging market is expected to grow at a CAGR of 5.2% and is anticipated to reach around USD 91.3 Billion by 2026.
- 06/25/2020
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Owens Illinois : Scientists Say Reusable Food Containers are Safe During Coronavirus | MarketScreener
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Assessment of COVID-19's Effect on Glass Packaging Market 2020-2024 | Increasing Demand for Pharmaceutical Packaging to Augment Growth | Technavio
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Assessment of COVID-19's Effect on Glass Packaging Market 2020-2024 | Increasing Demand for Pharmaceutical Packaging to Augment Growth | Technavio
- The Global Glass Packaging Market will grow by USD 12.25 bn during 2020-2024
- 06/18/2020
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Shares of several basic materials companies are trading lower following an increase in coronavirus cases in some US states that have reopened, leading to concerns of a second wave of the virus.
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Shares of several basic material companies are trading lower as equities sell off following the recent rally. Stocks have rallied over the past week amid optimism towards the US economy reopening and investors have potentially taken some profits following run up. NOTE: Investors are awaiting the FOMC meeting on Wednesday.
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O-I Glass Second Quarter 2020 Business Update
- O-I Glass, Inc. (OI) today provided a business update in advance of the company’s attendance at the Deutsche Bank 2020 Global Industrials and Materials Summit on June 9, 2020. Cash flows remain consistent with the prior year and liquidity remains strong: O-I’s cash flows quarter-to-date through May were comparable to the same period in 2019 despite the challenges of the pandemic reflecting lower capital expenditures and the suspension of asbestos-related claims payments.
- 06/08/2020
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Here is What Hedge Funds Think About O-I Glass, Inc. (OI)
- We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
- 06/08/2020
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Here is What Hedge Funds Think About O-I Glass, Inc. (OI)
- We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
- 06/06/2020
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Shares of several basic materials companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy. These have lead hopes of an economic rebound and an increase in materials demand.
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85 Biggest Movers From Yesterday
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58 Stocks Moving In Wednesday's Mid-Day Session
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Shares of several basic material companies are trading higher after as equities continue to gain on optimism over an economic reopening as well as a smaller-than-expected drop in nonfarm payrolls.
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31 Stocks Moving in Wednesday's Pre-Market Session
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Owens-Illinois: Cold Furnaces
- Global glassmaker Owens-Illinois has been forced to cut back production because of the Covid-19 pandemic.
- 06/02/2020
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71 Biggest Movers From Yesterday
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Stocks To Watch: 6 Big Movers With Upside
- Stocks Analysis by Harry Boxer covering: Pan American Silver Corp, Ballard Power Systems Inc, Apache Corporation, Owens-Illinois Inc. Read Harry Boxer's latest article on Investing.com
- 06/02/2020
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O-I CEO and CFO to Present at the Deutsche Bank 2020 Global Industrials and Materials Summit
- O-I Glass, Inc. (OI) today announced that the Company will participate in the Deutsche Bank 2020 Global Industrials and Materials Summit on Tuesday, June 9, 2020. O-I Chief Executive Officer Andres Lopez and Chief Financial Officer John Haudrich will present at 3:00 p.m. ET. Slides from the business update presentation will be posted on the Company’s website, http://www.o-i.com/investors/, after the market closes on June 8.
- 06/01/2020
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O-I CEO and CFO to Present at the Deutsche Bank —…—… Global Industrials and Materials Summit
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Tata Chemicals North America, Inc. -- Moody's has changed Tata Chemicals North America's outlook to negative from stable; Ba3 ratings affirmed
- Moody's Investors Service, ("Moody's") has changed Tata Chemicals North America, Inc.'s (TCNA) outlook to negative from stable. At the same time, Moody's has affirmed TCNA's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default rating and the Ba3 ratings on the company's new credit facilities. The negative outlook reflects TCNA's earnings deterioration amid the global pandemic and increased debt leverage once it completes the intended debt issuance to acquire the remaining 25% equity stake in Tata Chemicals (Soda Ash) Partners (TCSAP) and to refinance its existing term loan.
- 05/27/2020
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David Abrams Sells O'Reilly Automotive, Buys TransDigm and Energy Transfer
- Guru releases 1st-quarter portfolio Continue reading...
- 05/22/2020
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David Abrams Sells O'Reilly Automotive, Buys TransDigm and Energy Transfer
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Shares of several basic materials companies are trading higher in sympathy with the overall market as optimism around a coronavirus vaccine increased follows news from Moderna.
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Abrams Capital Management Buys Moats in March Selloff
- David Abrams made several portfolio changes during the first quarter of 2020 Continue reading...
- 05/15/2020
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Abrams Capital Management Buys Moats in March Selloff
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O-I Glass (OI) Stock May Not Rebound After Coronavirus
- Bernzott Capital Advisors recently released its Q1 2020 Investor Letter, a copy of which you can download below. The fund posted a return of -32.76% (net) for the quarter, outperforming its benchmark, the Russell 2000 Value Index which returned -35.66% in the same quarter. You should check out Bernzott Capital Advisors top 5 stock picks […]
- 05/14/2020
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Casey’s General Stores Adds Convenience Retail and Finance Leaders to its Executive Leadership Team
- Casey’s General Stores, Inc. (NASDAQ: CASY), today announced two additions to its executive leadership team, as the fourth-largest convenience store r
- 05/13/2020
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IPG Investment Advisors LLC Buys iShares Short Treasury Bond ETF, iShares MBS ETF, O-I Glass ...
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Owens-Brockway Glass Container Inc. Launches $500 Million Bond Offering
- O-I Glass, Inc. (the “Company”) announced that Owens-Brockway Glass Container Inc. (“OB Glass”), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2027 in a private offering to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the “Securities Act”). OB Glass’s obligations under the senior notes will be guaranteed on a joint and several basis by Owens-Illinois Group, Inc. (“OI Group”) and certain U.S. domestic subsidiaries of OI Group that are guarantors under OI Group’s credit agreement.
- 05/06/2020
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Global Soft Drinks Packaging Market 2020 Segmentation Analysis, Key Players, Industry Share and Forecast by 2025
- May 03, 2020 (CDN Newswire via Comtex) --
Global Soft Drinks Packaging Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025...
- 05/03/2020
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Markel Gayner Asset Management Corp Buys Brookfield Asset Management Inc, Bank of New York ...
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Owens-Illinois Inc (OI) Q1 2020 Earnings Call Transcript
- The same is true for the O-I team of 27,000 employees who are hard at work every day to help make sure we all have the food and beverage products essential during these challenging times. The health and safety of our employees is our top priority.
- 04/30/2020
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Meridian Investment Counsel Inc. Buys O-I Glass Inc, SPDR Dow Jones Industrial Average, ...
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O-I Glass, Inc. (OI) CEO Andres Lopez on Q1 2020 Results - Earnings Call Transcript
- O-I Glass, Inc. (NYSE:OI) Q1 2020 Earnings Conference Call April 29, 2020 08:00 AM ET Company Participants Andres Lopez - President & Chief Executive Office
- 04/29/2020
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O-I Glass shares are trading higher after the company reported better-than-expected Q1 EPS results.
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O-I Glass (OI) Receives a Sell from KeyBanc
- KeyBanc analyst Adam Josephson maintained a Sell rating on O-I Glass (OI – Research Report) today and set a price
- 04/29/2020
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O-I Glass (OI) Q1 Earnings Surpass Estimates
- O-I Glass (OI) delivered earnings and revenue surprises of 2.50% and -4.02%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2020
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O-I Glass (OI) Q1 Earnings Surpass Estimates
- O-I Glass (OI) delivered earnings and revenue surprises of 2.50% and -4.02%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2020
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O-I Glass Reports First Quarter 2020 Results
- O-I Glass, Inc. (OI) today reported financial results for the first quarter ended March 31, 2020. Adjusted Earnings Were Consistent with Guidance: Excluding certain items management considers not representative of ongoing operations, first quarter 2020 adjusted earnings1 were $0.41 per share, compared with the prior year of $0.51 per share.
- 04/28/2020
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Earnings Scheduled For April 28, 2020
- Companies Reporting Before The Bell
Caterpillar Inc. (NYSE: CAT) is projected to report quarterly earnings at $1.68 per share on revenue of $10.92 billion.
United Parcel Service...
- 04/28/2020
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Owens-Illinois Q1 Adj. EPS $0.410 Beats $0.400 Estimate, Sales $1.560B Miss $1.630B Estimate
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Owens-Illinois Q1 2020 Earnings Preview
- Owens-Illinois (NYSE:OI) is scheduled to announce Q1 earnings results on Tuesday, April 28th, after market close.The consensus EPS Estimate is $0.40 (-21.6% Y/Y) and the consensus Revenue Estimate is
- 04/27/2020
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Is O-I Glass, Inc. (NYSE:OI) Overpaying Its CEO?
- Andres Lopez has been the CEO of O-I Glass, Inc. (NYSE:OI) since 2016. First, this article will compare CEO...
- 04/27/2020
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Why O-I Glass (OI) Might Surprise This Earnings Season
- O-I Glass (OI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season
- 04/27/2020
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Why O-I Glass (OI) Might Surprise This Earnings Season
- O-I Glass (OI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season
- 04/27/2020
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Why O-I Glass (OI) Might Surprise This Earnings Season
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Silver Ring Value Partners is Bullish on Covetrus (CVET) and Owens-Illinois (OI)
- Silver Ring Value Partners LP is a Boston-based investment management firm that specializes in delivering long-term value by utilizing an intrinsic and robust approach to investing. The company was founded in 2016 by Chief Investment Officer and Managing Partner Gary Mishuris. Recently, Silver Ring Value Partners released its Q1 2020 Investor Letter – a copy […]
- 04/24/2020
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Owens-Illinois (OI) Set to Announce Earnings on Tuesday
- Owens-Illinois (NYSE:OI) is set to issue its quarterly earnings data after the market closes on Tuesday, April 28th. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link. Owens-Illinois (NYSE:OI) last announced its earnings results […]
- 04/21/2020
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's Top Upgrades, Downgrades For April 17, 2020
- Upgrades
For Caesars Entertainment Corp (NASDAQ: CZR), SunTrust Robinson Humphrey upgraded the stock from Hold to Buy. In the fourth quarter, Caesars Entertainment...
- 04/17/2020
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Wells Fargo Downgrades O-I Glass to Underweight
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$1.64 Billion in Sales Expected for Owens-Illinois Inc (NYSE:OI) This Quarter
- Wall Street analysts forecast that Owens-Illinois Inc (NYSE:OI) will announce sales of $1.64 billion for the current quarter, Zacks reports. Four analysts have issued estimates for Owens-Illinois’ earnings. The lowest sales estimate is $1.62 billion and the highest is $1.65 billion. Owens-Illinois also reported sales of $1.64 billion during the same quarter last year. The […]
- 04/16/2020
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JP Morgan Maintains Neutral on O-I Glass, Lowers Price Target to $12
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O-I 3D Prints Face Shield Frames for Toledo-area Medical Workers
- O-I Glass, Inc. (OI) is using its 3D printing capabilities to make face shield frames, a piece of personal protective equipment (PPE), for members of the Northwest Ohio medical community who are on the front lines of the COVID-19 health crisis. The worldwide glass packaging manufacturer typically devotes its 3D printer at the Perrysburg, Ohio, headquarters to creating glass packaging prototypes for the food and beverage industry. O-I is making frames to hold the shield.
- 04/14/2020
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O-I 3D Prints Face Shield Frames for Toledo-area Medical Workers
- PERRYSBURG, Ohio, April 14, 2020 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) is using its 3D printing capabilities to make face shield frames, a piece...
- 04/14/2020
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$0.42 Earnings Per Share Expected for Owens-Illinois Inc (NYSE:OI) This Quarter
- Wall Street brokerages expect that Owens-Illinois Inc (NYSE:OI) will report earnings of $0.42 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Owens-Illinois’ earnings. The highest EPS estimate is $0.42 and the lowest is $0.40. Owens-Illinois posted earnings per share of $0.51 during the same quarter […]
- 04/14/2020
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86 Biggest Movers From Yesterday
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Owens-Illinois Target of Unusually Large Options Trading (NYSE:OI)
- Owens-Illinois Inc (NYSE:OI) was the target of some unusual options trading on Monday. Stock traders purchased 2,859 call options on the stock. This represents an increase of 270% compared to the average daily volume of 772 call options. Several research firms recently issued reports on OI. Bank of America downgraded Owens-Illinois from a “buy” rating […]
- 04/14/2020
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O-I Glass Reports Will Use 3D Printing Capabilities To Make Face Shield Frames
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Owens-Illinois (NYSE:OI) Rating Lowered to Neutral at Bank of America
- Owens-Illinois (NYSE:OI) was downgraded by research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Monday, Briefing.com Automated Import reports. They currently have a $9.00 price target on the industrial products company’s stock. Bank of America‘s price objective suggests a potential upside of 19.21% from […]
- 04/13/2020
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Elevated Leverage and Asbestos Uncertainty Lead to Revised Take on O-I Glass; FVE Lowered to $11.50
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Owens-Illinois (NYSE:OI) PT Lowered to $15.00
- Owens-Illinois (NYSE:OI) had its target price lowered by Robert W. Baird from $22.00 to $15.00 in a research report report published on Thursday, AnalystRatings.com reports. The firm currently has an outperform rating on the industrial products company’s stock. A number of other equities research analysts also recently weighed in on OI. ValuEngine downgraded shares of […]
- 04/13/2020
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BMO Capital Markets Lowers Owens-Illinois (NYSE:OI) Price Target to $8.00
- Owens-Illinois (NYSE:OI) had its price objective lowered by BMO Capital Markets from $13.00 to $8.00 in a report released on Thursday morning, AnalystRatings.com reports. BMO Capital Markets currently has a market perform rating on the industrial products company’s stock. Several other brokerages also recently commented on OI. KeyCorp restated a sell rating and issued a […]
- 04/13/2020
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B of A Securities Downgrades O-I Glass to Neutral
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Time to Hit ‘Buy It Now’ Button on eBay Stock
- Both the valuation and risk/reward balance of the e-commerce company look compelling. Also, Wall Street views on the shares of KeyCorp, McDonald’s, BlackRock, Sirius XM, and O-I Glass.
- 04/10/2020
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O-I Glass Withdraws '20 Guidance on Coronavirus Concerns
- O-I Glass (OI) expects first-quarter earnings to come in at the lower-end of previously reported guidance range. However, it revokes full-year guidance.
- 04/09/2020
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O-I Glass Withdraws '20 Guidance on Coronavirus Concerns
- O-I Glass (OI) expects first-quarter earnings to come in at the lower-end of previously reported guidance range. However, it revokes full-year guidance.
- 04/09/2020
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Glass Bottles and Containers Market - Growth, Trends, and Forecast (2020 - 2025)
- The glass bottles and containers market was valued at USD 60.91 billion in 2019, and it is expected to reach a value of USD 77.25 billion by 2025, at a CAGR of 4.13% over the forecast period 2020-2025. Glass bottles and containers are majorly used in the alcoholic and non-alcoholic beverage industry,
- 04/09/2020
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Owens-Illinois Sees Unusually Large Options Volume (NYSE:OI)
- Owens-Illinois Inc (NYSE:OI) saw some unusual options trading on Wednesday. Traders acquired 2,329 put options on the company. This represents an increase of 2,848% compared to the typical daily volume of 79 put options. Shares of OI opened at $7.36 on Thursday. Owens-Illinois has a twelve month low of $4.30 and a twelve month high […]
- 04/09/2020
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Were Hedge Funds Right About Group 1 Automotive, Inc. (GPI) ?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/09/2020
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Were Hedge Funds Right About Portola Pharmaceuticals Inc (PTLA) ?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/09/2020
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Were Hedge Funds Right About Progress Software Corporation (PRGS) ?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/09/2020
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Were Hedge Funds Right About McGrath RentCorp (MGRC)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/09/2020
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Were Hedge Funds Right About Owens-Illinois Inc (OI)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/09/2020
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Baird Maintains Outperform on O-I Glass, Lowers Price Target to $15
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O-I Glass Business Update
- O-I Glass, Inc. (OI) today provided a business update in light of the rapid developments related to COVID-19. Importantly, glass packaging has been considered an essential element of the food and beverage value chain in most jurisdictions and end-use categories that O-I serves. While our business will be temporarily impacted by COVID-19, I am encouraged by our progress on various initiatives to improve operating performance and I am confident we will emerge stronger as current market headwinds abate.
- 04/08/2020
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Should You Buy O-I Glass, Inc. (NYSE:OI) For Its Dividend?
- Could O-I Glass, Inc. (NYSE:OI) be an attractive dividend share to own for the long haul? Investors are often drawn to...
- 04/08/2020
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O-I Glass Expects Q1 Results In Line With Guidance Range But At Lower End Of Range; Says Total Committed Liquidity At End Of Q1 Was ~$1.7B Including ~$900M Cash On Hand
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Mid-Morning Market Update: Markets Open Higher; Simply Good Foods Beats Q2 Estimates
- Following the market opening Monday, the Dow traded up 5.01% to 22107.82 while the NASDAQ rose 4.67% to 7,717.16. The S&P also rose, gaining 4.79% to 2,607.79.
The U.S. is now...
- 04/06/2020
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74 Biggest Movers From Friday
- Gainers
BioSig Technologies, Inc. (NASDAQ: BSGM) shares gained 42.4% to close at $5.14 on Friday. BioSig is expected to host telebriefing on development updates regarding...
- 04/06/2020
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Battery Packaging Material Market to surpass $11.3 billion by 2026, Says Global Market Insights Inc.
- Selbyville, Delaware, April 05, 2020 -- As per the report published by Global Market Insights Inc., the overall battery packaging material market was estimated at $8.8 billion.
- 04/05/2020
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50 Stocks That Have Suffered the Biggest Losses During the Coronavirus Scare
- These companies have been hit hardest by the pandemic.
- 04/03/2020
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Why O-I Glass (OI) is Poised to Beat Earnings Estimates Again
- O-I Glass (OI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/03/2020
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Why O-I Glass (OI) is Poised to Beat Earnings Estimates Again
- O-I Glass (OI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/03/2020
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Apogee (APOG) Q4 Earnings Beat Estimates, Revenues Miss
- Apogee (APOG) reported year-over-year drop in both top and bottom line in fourth-quarter fiscal 2020 and refrained from providing guidance for fiscal 2021 due to the coronavirus related uncertainty.
- 04/03/2020
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Apogee (APOG) Q4 Earnings Beat Estimates, Revenues Miss
- Apogee (APOG) reported year-over-year drop in both top and bottom line in fourth-quarter fiscal 2020 and refrained from providing guidance for fiscal 2021 due to the coronavirus related uncertainty.
- 04/03/2020
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Why O-I Glass (OI) is Poised to Beat Earnings Estimates Again
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O-I Announces First Quarter 2020 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, April 01, 2020 -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2020 conference call and webcast for Wednesday, Apr..
- 04/01/2020
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O-I Announces First Quarter 2020 Earnings Conference Call and Webcast
- PERRYSBURG, Ohio, April 01, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2020...
- 04/01/2020
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O-I Glass Announces Change of Location and Time for 2020 Annual Meeting of Share Owners
- O-I Glass, Inc. (OI) today announced a change in the location and time of its 2020 Annual Meeting of Share Owners (the “Annual Meeting”) due to the public health risks related to the coronavirus disease 2019 (COVID-19). As described in the proxy materials previously distributed in connection with the Annual Meeting, share owners as of March 16, 2020, the record date, are entitled to vote at the Annual Meeting. At O-I Glass, Inc. (OI), we love glass and we’re proud to make more of it than any other glass bottle or jar producer in the world.
- 04/01/2020
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O-I Glass Announces Change of Location and Time for —…—… Annual Meeting of Share Owners
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Owens-Illinois trading resumes OI
- Owens-Illinois trading resumes OI
- 03/25/2020
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Owens-Illinois trading halted, volatility trading pause OI
- Owens-Illinois trading halted, volatility trading pause OI
- 03/25/2020
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Analysts Anticipate Owens-Illinois Inc (NYSE:OI) Will Post Quarterly Sales of $1.65 Billion
- Brokerages forecast that Owens-Illinois Inc (NYSE:OI) will post sales of $1.65 billion for the current quarter, Zacks reports. Four analysts have issued estimates for Owens-Illinois’ earnings, with estimates ranging from $1.63 billion to $1.65 billion. Owens-Illinois reported sales of $1.64 billion in the same quarter last year, which would suggest a positive year-over-year growth rate […]
- 03/24/2020
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What You Must Know About O-I Glass, Inc.'s (NYSE:OI) Beta Value
- Anyone researching O-I Glass, Inc. (NYSE:OI) might want to consider the historical volatility of the share price...
- 03/23/2020
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Zacks: Analysts Anticipate Owens-Illinois Inc (NYSE:OI) Will Post Earnings of $0.42 Per Share
- Brokerages expect Owens-Illinois Inc (NYSE:OI) to announce earnings per share of $0.42 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Owens-Illinois’ earnings, with the highest EPS estimate coming in at $0.42 and the lowest estimate coming in at $0.40. Owens-Illinois reported earnings of $0.51 per share in the […]
- 03/22/2020
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Owens-Illinois (NYSE:OI) Hits New 12-Month Low at $5.13
- Owens-Illinois Inc (NYSE:OI) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $5.13 and last traded at $5.48, with a volume of 73044 shares. The stock had previously closed at $5.54. A number of analysts recently issued reports on the stock. ValuEngine downgraded shares of Owens-Illinois […]
- 03/20/2020
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Abrams Capital Management Buys Allergan PLC, O-I Glass Inc, Sells Celgene Corp, Altaba Inc
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Stocks That Hit 52-Week Lows On Thursday
- On Thursday morning, 1178 companies hit new 52-week lows.
Facts of Interest:
The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...
- 03/19/2020
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Owens Illinois : O-I Celebrates Global Recycling Day Looking at the Progress and Future of Glass Recycling | MarketScreener
- In honor of Global Recycling Day, O-I hosts a podcast discussion with VP of Sustainability, Jim Nordmeyer on glass recycling facts and myths. While March 18 is marked as Global… | March 18, 2020
- 03/18/2020
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Is O-I Glass (NYSE:OI) A Risky Investment?
- Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- 03/15/2020
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Analysts Set Owens-Illinois Inc (NYSE:OI) Target Price at $13.61
- Owens-Illinois Inc (NYSE:OI) has been assigned a consensus recommendation of “Hold” from the sixteen analysts that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The average twelve-month price target among […]
- 03/15/2020
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Here's Why You Should Hold on to O-I Glass Stock for Now
- Given its focus on innovation, capacity expansions and acquisitions, O-I Glass (OI) is worth retaining in the portfolio at the moment.
- 03/13/2020
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Here's Why You Should Hold on to O-I Glass Stock for Now
- Given its focus on innovation, capacity expansions and acquisitions, O-I Glass (OI) is worth retaining in the portfolio at the moment.
- 03/13/2020
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136 Biggest Movers From Yesterday
- Gainers
Ranger Energy Services, Inc. (NYSE: RNGR) shares rose 44.8% to close at $4.46 on Thursday.
Ampco-Pittsburgh Corporation (NYSE: AP) shares surged 35.6% to close at $3.20...
- 03/13/2020
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Shares of several consumer defensive and consumer cyclical companies are trading higher as markets rebound after Thursday's crash. Many US equities have been volatile recently as the coronavirus has generated global economic uncertainty.
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Stocks That Hit 52-Week Lows On Thursday
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Visiongain Report: The Top 30 Glass Packaging Companies will Account for 54.8% of the Global Market
- Market Share Analysis, Financials & Key Strategies and Achievements Details for the Leading Glass Packaging Companies Including, Owens-Illinois, Asahi Glass Co., Ltd., Ardagh Group, Verallia SA, Vidrala SA, BA Glass BV, Gerresheimer AG, Vetropack Holding Ltd, Stölzle Glass Group, Wiegand Glass GmbH and
- 03/12/2020
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O-I GLASS PROVIDES BUSINESS UPDATE
- The company has been working with customers and suppliers alike to develop preparedness plans in response to this rapidly evolving situation. Following refinancing activity last year and given proceeds from recent divestitures, the company’s liquidity position is strong with cash and available lines of credit of approximately $2 billion at December 31, 2019 and no near-term bond maturities. Paddock has opposed a request by the U.S. Trustee to examine its Corporate Modernization transaction, which is a strategy that has been widely and successfully used by other companies and which we believe enhances Paddock’s ability to resolve its liabilities fairly and in way that maximizes value for all stakeholders.
- 03/11/2020
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Stocks That Hit 52-Week Lows On Wednesday
- During Wednesday's morning session, 690 stocks hit new 52-week lows.
Intriguing Points:
Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...
- 03/11/2020
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UPDATE: OI Calls Operating Performance Through Feb. 'Solid,' Says Pacing Inline With Co.'s Most Recent Q1 Earnings Guidance
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Stocks That Hit 52-Week Lows On Tuesday
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14 Consumer Cyclical Stocks Moving In Monday's Session
- Gainers
Murphy USA, Inc. (NYSE:MUSA) shares increased by 6.33% to $113.67 during Monday's regular session.
AutoZone, Inc. (NYSE:AZO) shares rose 4.04% to $1101.96.
Vipshop...
- 03/09/2020
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O-I Glass (OI) Down 26.3% Since Last Earnings Report: Can It Rebound?
- O-I Glass (OI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 03/05/2020
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O-I Glass (OI) Down 26.3% Since Last Earnings Report: Can It Rebound?
- O-I Glass (OI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 03/05/2020
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PEP drops out of Owens-Illinois sale; Visy tapped as preferred bidder
- Homegrown private equity firm Pacific Equity Partners is out of the race for US-based Owens-Illinois’ Australian and New Zealand business.
- 03/05/2020
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O-I Glass (OI) Down 26.3% Since Last Earnings Report: Can It Rebound?
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Edited Transcript of OI.N earnings conference call or presentation 5-Feb-20 1:00pm GMT
- Q4 2019 O-I Glass Inc Earnings Call
- 03/04/2020
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Owens-Illinois Group, Inc. -- Moody's assigns Ba3 CFR to Owens-Illinois Group, Inc.; outlook negative
- Moody's Investors Service (Moody's) assigned a Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), and SGL-2 Speculative Grade Liquidity Rating (SGL) to Owens-Illinois Group, Inc. (OI Group). The outlook is negative.
- 03/03/2020
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Owens-Illinois (NYSE:OI) Cut to Sell at ValuEngine
- Owens-Illinois (NYSE:OI) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Tuesday, ValuEngine reports. Other equities analysts have also issued research reports about the stock. Robert W. Baird boosted their price objective on shares of Owens-Illinois from $17.00 to $22.00 and gave the […]
- 03/03/2020
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Tracking Alex Roepers' Atlantic Investment Management Portfolio - Q4 2019 Update
- Atlantic Investment Management’s 13F portfolio value increased from $285M to $338M. The number of positions decreased from 15 to 14. Alex Roepers increased Capr
- 03/01/2020
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Tracking Abrams Capital Management's Portfolio - Q4 2019 Update
- David Abrams’ 13F portfolio value decreased this quarter from $3.57B to $3.22B. The number of positions increased from 20 to 21. Abrams Capital Management added
- 03/01/2020
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Zacks: Analysts Anticipate Owens-Illinois Inc (NYSE:OI) to Post $0.41 EPS
- Analysts expect that Owens-Illinois Inc (NYSE:OI) will announce $0.41 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have provided estimates for Owens-Illinois’ earnings, with the highest EPS estimate coming in at $0.42 and the lowest estimate coming in at $0.39. Owens-Illinois posted earnings per share of $0.51 in the same […]
- 03/01/2020
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Analysts Expect Owens-Illinois Inc (NYSE:OI) Will Announce Quarterly Sales of $1.65 Billion
- Wall Street analysts expect Owens-Illinois Inc (NYSE:OI) to announce sales of $1.65 billion for the current quarter, according to Zacks. Four analysts have provided estimates for Owens-Illinois’ earnings, with the highest sales estimate coming in at $1.65 billion and the lowest estimate coming in at $1.63 billion. Owens-Illinois posted sales of $1.64 billion during the […]
- 02/29/2020
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Global Pharmaceutical Packaging (Primary, Secondary, Tertiary) Industry Forecasts, 2020-2027
- The "Pharmaceutical Packaging Market Size, Share & Trends Analysis Report by Material (Plastics & Polymers, Paper & Paperboard, Glass), by Product, by End Use, and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.
- 02/26/2020
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Pharmaceutical Packaging Market Insights, 2019-2020 & 2027 - Increasing Focus on Sustainability; Increasing the Usage of Recyclable & Biodegradable Materials
- Dublin, Feb. 26, 2020 -- The "Pharmaceutical Packaging Market Size, Share & Trends Analysis Report by Material (Plastics & Polymers, Paper & Paperboard, Glass),.
- 02/26/2020
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Did O-I Glass, Inc. (NYSE:OI) Insiders Sell Shares?
- We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
- 02/25/2020
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Owens-Illinois Inc (OI) to Issue Quarterly Dividend of $0.05 on March 16th
- Owens-Illinois Inc (NYSE:OI) announced a quarterly dividend on Tuesday, February 4th, RTT News reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.05 per share by the industrial products company on Monday, March 16th. This represents a $0.20 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is […]
- 02/25/2020
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The glass bottles and containers market was valued at USD 62.01 million in 2018 and is expected to reach a value of USD 76.16 million by 2024, at a CAGR of 4.20% over the forecast period 2019
- Market Overview The glass bottles and containers market was valued at USD 62. European Glass Container Federation said that in 2018, over 11.6 million tons of glass bottles are collected, and recycled production of new glass containers in Europe and Europe is the largest glass bottle container market
- 02/24/2020
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Glass, Once the King of Packaging, Seeks a Comeback
- The backlash against single-use plastics is giving glassmakers hope that they can stem a decadeslong decline in the use of bottles and jars. First they have to boost poor glass-recycling rates that undercut the material’s environmental pitch.
- 02/24/2020
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Stock Upgrades: O-I Glass Inc Shows Rising Relative Strength
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TriMas Announces Key Addition to Rapak and Packaging Group
- TriMas (NASDAQ: TRS) today announced Ryan Gladieux has joined TriMas as its Vice President and General Manager, Rapak, reporting directly to Thomas Amato, TriMas President and Chief Executive Officer. This leadership addition is in coordination with TriMas’ recent agreement to acquire Rapak, including
- 02/20/2020
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David Abrams Buys 2 Stocks in 4th Quarter
- Guru’s positions in Celgene, Altaba were also eliminated Continue reading...
- 02/20/2020
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David Abrams Buys — Stocks in 4th Quarter
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Owens Illinois : Expanded Recycling Supports Sustainability Goals | MarketScreener
- O-I Canada Celebrates Victory in Quebec O-I Canada has recently achieved a huge victory in the effort to keep glass in the circular economy. In January,… | February 19, 2020
- 02/19/2020
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Hawk Ridge Management LLC Buys Change Healthcare Inc, O-I Glass Inc, Sinclair Broadcast Group ...
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Owens-Illinois Inc (NYSE:OI) Given Consensus Rating of "Hold" by Brokerages
- Shares of Owens-Illinois Inc (NYSE:OI) have been given a consensus recommendation of “Hold” by the sixteen analysts that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price […]
- 02/16/2020
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Should Value Investors Consider O-I Glass (OI) Stock Now?
- Let's see if O-I Glass, Inc. (OI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- 02/14/2020
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