Sonoco (SON) Declares $.39 Quarterly Dividend; 3% Yield

Go back to Sonoco (SON) Declares $.39 Quarterly Dividend; 3% Yield

Sonoco (SON) Names Philippe Guillemot to Board of Directors

July 19, 2017 6:54 AM EDT

Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today announced that Philippe Guillemot has been named to its Board of Directors.

Guillemot, 58, was chief operating officer of Alcatel-Lucent SA, Boulogne-Billancourt, France, prior to its acquisition by Nokia Oyj in 2016. Before his tenure with Alcatel-Lucent, Guillemot was chief executive officer and board director... More

UPDATE: Baird Upgrades Sonoco Products (SON) to Outperform

July 19, 2017 2:42 AM EDT

(Updated - July 19, 2017 7:07 AM EDT)

(updated to add analyst comment)

Baird upgraded Sonoco Products (NYSE: SON) from Neutral to Outperform with a price target of $60.00 (from $55.00).

Analyst Dr. Ghansham Panjabi notes the recent underperformance coupled with several staggered... More