Bemis Company (BMS) stock prices updated...

Bemis Company stock price

Bemis Company latest news:

  • 09/07/2017 14:04:32

    Amcor considering potential takeover of rival Bemis Co - Bbg

    Packaging company Amcor Ltd (AMCRF) is considering a takeover of rival Bemis Co (BMS), Bloomberg reported on Thursday, citing people familiar with the matter. Amcor (AMCRF) is working with advisers to explore a bid for Bemis, which has a market valuation of about $4.3 billion, the report said. Amcor (AMCRF) and Bemis were not immediately available to comment.

  • 07/07/2017 13:47:04

    BRIEF-Bemis Co estimates incurring restructuring expenses of $65-$75 mln

    Bemis Company Inc(BMS). * Bemis Company(BMS) - Estimates incurring restructuring expenses of $65-$75 million and other program related costs of $10-$15 million. * Bemis Company (BMS) says estimates an additional $25 - $30 million capital investment related to executing restructuring program - SEC filing Source text: Further company coverage:

  • 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.

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