Packaging Corporation of America (PKG) stock prices updated...

Packaging Corporation of America stock price, PKG

Packaging Corporation of America stock chart:

Packaging Corporation of America close price: 102.32

Stock price forecast:

DOWN TO -0.07%
Target: 102.25

Total forecasts: 90
Reached: 0 (0.00%)

Total Win: 0.00 (0.00%)

DaysForecastsReached%Reached points%InvestedUnreached%Total%

Showing 1-10 of 573 items.
Date of ForecastStock PriceTarget PriceForecast Reached Date

Packaging Corporation of America latest news:

  • 07/17/2017 06:41:30

    Multi-Color to acquire Constantia Labels division for about $1.3 billion

    Multi-Color Corporation. said Monday it has signed an agreement to acquire the labels division of Constantia Flexibles for about $1.3 billion in cash and stock. The division is part of Constantia Flexibles GmbH, an Austrian provider of flexible packaging and labels. The combined annual revenue of the two businesses is about $1.6 billion, the companies said in a statement. The deal "brings together Constantia Labels' high performing Food and Beverage business with Multi-Color's strong Wine and Spirit, and Home and Personal Care platforms, and emerging global position in Healthcare," said the statement. Multi-Color is expecting the deal to be "meaningfully accretive" to per-share earnings in fiscal 2019, the first full year of combined results. It is expected to close in the third quarter of fiscal 2018. Multi-Color said it still expects June quarter core EPS of about 80 cents. Multi-Color shares were halted for the news premarket, but have gained 6% in 2017, while the S&P 500 has gained about 10%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 06/30/2017 05:10:19

    Bemis to cut 300 jobs, close 2 facilities

    Bemis Co. Inc. said it will cut 300 jobs as part of a restructuring plan aimed at saving about $55 million to $60 million a year. The job cuts will be made over the next three years. The job cuts represent about 5% of the global administrative workforce, and about 1.7% of the total workforce. The plastic packaging supplier said it will close two manufacturing facilities, with one closure beginning this year and the other in 2018. The employees of those facilities will be transferred to other locations. "During April, we began a review to align our U.S. manufacturing and administrative cost structures with the demands of our customer base to better position the Company in the current environment and for its long-term success," said Chief Executive William Austen. "Given the challenges in the Brazilian economic environment, we also expanded the scope of our review to include our entire global business." The stock, which was still inactive in premarket trade, has lost 1.8% year to date while the S&P 500 has gained 8.1%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 06/15/2017 20:30:45

    BHP names packaging guru MacKenzie as new chairman

    SYDNEY/MELBOURNE (Reuters) - Mining giant BHP on Friday named successful packaging executive Ken MacKenzie as its next chairman, handing him the job of tackling calls to dump its oil business and overhaul the board.

  • 05/26/2017 11:52:29

    BRIEF-Lupin Pharmaceuticals announces nationwide recall of MibelasTM 24 Fe tablets

    Lupin Pharmaceuticals Inc: * Lupin pharmaceuticals inc. Announces a nationwide recall of MibelasTM 24 Fe tablets. * A confirmed market complaint indicated a packaging error. * Due to packaging error, oral contraceptive tablets taken out of sequence may place user at risk for contraceptive failure, unintended pregnancy.

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