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Ball Corporation BALL - News Analyzed: 3,807 - Last Week: 98 - Last Month: 490

⇑ Ball Corporation Showcases Strong Performance and Innovation Post Aerospace Division Sale

Ball Corporation Showcases Strong Performance and Innovation Post Aerospace Division Sale
Ball Corporation has communicated numerous updates about its financial position and strategic moves. Their combined annual financial and sustainability report for 2023 highlights their innovation and sustainability efforts in aluminum packaging. The company also reports strong financial performance in the year 2023 and the first quarter of 2024. The corporation has sold its aerospace division in a multibillion-dollar deal to BAE Systems. Ball's GAAP profit significantly increased following the sale of their aerospace business. In terms of strategic partnerships, Ball and Coca-Cola collaborated to test carbon-cutting trucks in the UK. On a more granular level, Ball Corporation has declared a quarterly dividend and increased share repurchase authorization. They have decided to introduce aluminum cups to stadiums and arenas and have installed a Cycle Reverse Vending Machine at key locations. Finally, Ball Corp's CFO Morrison will retire, with Howard Yu named its successor.

Ball Corporation BALL News Analytics from Tue, 20 Jun 2023 07:00:00 GMT to Wed, 22 May 2024 12:28:55 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor 1

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