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Vertical Group Downgrades Ball Corp (BLL) to Hold

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Ball Reports Strong Second Quarter 2016 Results; Provides Key Financial Metrics

August 4, 2016 6:00 AM EDT

BROOMFIELD, Colo., Aug. 4, 2016 /PRNewswire/ -- Ball Corporation (NYSE: BLL) today reported second quarter 2016 net earnings attributable to the corporation of $369 million, or $2.54 per diluted share (including the net effect of after-tax income of $217 million, or $1.49 per diluted share for business consolidation, debt refinancing and other costs and the estimated gain on the sale of divested assets) on sales of $2.0 billion, compared to $160 million of net earnings attributable to the corporation, or $1.13 per diluted share (including after-tax income of $35 million, or... More