|Bid||939.50 x 67000|
|Ask||940.00 x 276700|
|Day's range||932.48 - 941.17|
|52-week range||714.82 - 1,032.19|
|PE ratio (TTM)||25.54|
|Forward Dividend & Yield||0.31 (2.90%)|
|1y target est||N/A|
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British packaging company RPC Group Plc (LSE: RPC.L - news) said it expects its first-half revenue to be well ahead of expectations helped by acquisitions, favourable currency movements and strength in China. RPC (NYSE: RES - news) , which generates about 70 percent of its revenue from outside Britain, said margins and profitability levels are also anticipated to beat expectations. It did not disclose any detail on how large a benefit currency movements delivered or how much the revenue is expected to rise to.
** RPC falls as much as 7.3 pct in volatile trading after reporting FY results ** Stock opened up 4 pct, with analysts pointing to adjusted earnings beating expectations, but quickly erased gains ** Stock ...
** Packaging maker RPC trading poorly into FY earnings on Wednesday, down 5.6 pct WTD ** Stock has risen nine-fold since 2009, but has been under pressure in recent months over its aggressive M&A programme ...
** Paper and packaging co RPC falls 5.6 pct, taking losses in the last two days of Q1 to 13.3 pct following results ** Stock started falling sharply just after the US open on Thursday, losing as much as ...
Dutch packaging maker Schoeller Allibert is exploring a sale as its owners seek an exit after reshaping the company, adding to a string of deals in the sector, three people close to the matter said. Majority owner JP Morgan as well as co-investor Schoeller, a German family, have asked Citi to find a buyer for the maker of plastic boxes, which may be valued at about 400 million to 500 million euros ($426-$532 million), the people said. Schoeller Allibert was formed from a series of mergers, combining among others Schoeller, the inventor of the plastic beer crate, with peers Allibert and Arca Systems.
MILAN/LONDON, Nov 30 (Reuters) - European shares hit a three-week high on Wednesday, ending the month in positive territory, with energy stocks racing higher as oil prices jumped after a deal to curb global oversupply. The European oil and gas index rose 3.4 percent, its best day since end-September, after oil prices rose more than 8 percent as some of the world's largest oil producers agreed to curb oil output for the first time since 2008 in a bid to support prices. OPEC agreed to cut production to 32.5 million barrels per day, Kuwait's oil minister said.
European shares climbed to a three-week high on Wednesday, staying on track to end the month in positive territory, with energy stocks racing higher on expectations of a deal to cut crude oil production to tackle oversupply. The European oil and gas index rose 2 percent as oil prices surged more than 5 percent after an Iraqi delegate said that some form of deal would be reached at a Vienna meeting of members of the Organization of the Petroleum Exporting Countries (OPEC) to agree terms of a proposed production cut. "RBS is still the weak link in the UK banking chain, almost a decade after the financial crisis came close to wiping the bank out," said Hargreaves Lansdown (LSE: HL.L - news) senior analyst Laith Khalaf.
Buyout group SVPGlobal has put UK food packaging group Linpac up for sale in a potential 500 million euro deal led by investment bank Rothschild, several people close to the matter said. Bidders have until ...
FRANKFURT, Oct (HKSE: 3366-OL.HK - news) 26 (Reuters) - British packaging group RPC is preparing a bid for private equity-owned French peer Albea in a potential $1.5 billion deal as it seeks to broaden its footprint in bottles, dispensers and tubes for cosmetics, people close to the matter said. Private equity group Sun Capital has put Albea up for sale with the help of investment bank Lazard (Frankfurt: A0DQP8 - news) and has asked potential buyers to hand in first-round bids by a Nov. 4 deadline, they said. Buyout groups including CVC (Taiwan OTC: 4744.TWO - news) , Bain, Advent, PAI, Onex and Partners Group are also expected to present offers, they added, while one of the sources said that U.S.-based packaging group Bemis may also bid.