DuPont revised its full-year 2011 earnings outlook to a range of $3.45 to $3.75 per share. Previous guidance was $3.30 to $3.60 per share. This revision reflects a lower base tax rate of 20-21% and reduced pension expense headwind, partly offset by anticipated dilution from increased shares outstanding.
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Today, DuPont reported fourth quarter and full year earnings per share (EPS).
MOD-PAC CORP. (NASDAQ: MPAC) (the “Company”), a manufacturer of custom and stock paper board packaging and provider of personalized print products, announced today that as part of its continued commitment to environmental responsibility that it has earned chain-of-custody (CoC) certification from both the Sustainable Forestry Initiative (SFI(R)) and the Programme for the Endorsement of Forest Certification (PEFC) for its paperboard packaging facility located in Buffalo, NY.
Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2010 net income of $55 million, or $0.54 per share. Reported results include a $5 million, or $0.05 per share, addition to income from cellulosic bio-fuel tax credits generated in 2009, and after-tax, non-cash charges totaling $3 million, or $0.03 per share, from asset disposals related to major energy projects and other assets no longer in service.
Novamont S.p.A, a worldwide leader in bioplastics and compostable materials, expands its presence in North America with a new company Novamont North America, Inc. headquartered in Danbury, Connecticut.
In its November 2010 Interim Management Statement (IMS), Rexam PLC, the global consumer packaging company, stated that its Beverage Can North America customer contract negotiations were progressing well.
