Crown Cork & Seal sees lower quarterly profit

Article Abstract:

Crown Cork & Seal Co. cautioned that it is forecasting lower-than-expected earnings for the second-quarter of 1999. The company attributed its negative forecast to a weaker business environment in Europe, as well as to reduced demand for beverage cans in the US. Crown Cork & Seal said it expected to post 75 cents to 77 cents in earnings per diluted share for the quarter. The company's previous guidance predicted 90 cents per share.

Comment:

Forecasts lower-than-expected earnings for second-quarter of 1999

Metal Forgings & Stampings, Forging and Stamping, Metal industries, Abstract, Crown Cork and Seal Company Inc.

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Rheinmetall issue surpasses bond-market expectations

Article Abstract:

Rheinmetall AG priced five-year bonds worth 350 million euros at a spread of 1.25 percentage points over midmarket exchanges. The offering was over 1.5 times subscribed with a total demand worth 525 million euros.

Germany, Securities issued, listed, Securities, Bonds, Bonds (Securities), Rheinmetall Berlin AG

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Rubbermaid's net dropped 50%

Article Abstract:

Newell Rubbermaid Inc. posted a decline of 50% in its profits for the 2001 first-quarter. The company posted $38.4 million (43 million euros) in net income for the period.

Newell Rubbermaid Inc., NWL

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