Sonoco Reports Preliminary Second Quarter 2015 Results
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July 17, 2015 7:54 AM EDT
DA Davidson upgraded Sonoco Products (NYSE: SON) from Underperform to Neutral.
For an analyst ratings summary and ratings history on Sonoco Products click here. For more ratings news on Sonoco Products click here.
Shares of Sonoco Products closed at $42.96 yesterday.
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July 16, 2015 7:32 AM EDT
Sonoco (NYSE: SON) reported preliminary operating results for the second quarter and year-to-date periods ending June 28, 2015. The Company expects to release complete consolidated financial results with the filing of its Form 10-Q in August.
Review of Mexico Packaging Center Historical Financial Results
Sonoco, working with outside accounting and legal consultants, is currently conducting a thorough review of financial results for a single contract packaging center in Mexico due to the discovery of overstatements to prior periods earnings. This packaging center is part of the Display... More
