Crown Cork & Seal Company (CCK)

Add a New Bulls Reason Company: Crown Cork & Seal Company (CCK) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   Exports will increase due to cheaper prices for international customers Top Contributor: Jack Phiyong Mo | Created when NYSE:CCK was $23.29 | Edit | History With a weak dollar, Crown will see a gain in its main sectors of European food and beverage packaging as exports will increase due to cheaper prices for international customers. Sales in the European food business were up 8.5% during the quarter, driven largely by currency (+8%), and a modest lift from pricing (+0.5%) and volumes (+1.5%)[1]. (100 character max) Cancel 0% agree 0 votes   Increased profitability should be sustainable Top Contributor: Jack Phiyong Mo | Created when NYSE:CCK was $23.29 | Edit | History Following the divestment of its plastics business, Crown has been able to earn operating margins more in line with the rest of its industry. Profitability of around 8%, which the company earned for 2005 and 2006, should be sustainable. (100 character max) Cancel 0% agree 0 votes   Successful track record in politically complicated countries provides more opportunities of growth Top Contributor: Jack Phiyong Mo | Created when NYSE:CCK was $23.29 | Edit | History Crown's global scale and history of multinational operations provide the company with opportunities for growth in an industry where growth is not often found. Management has a track record of successfully operating in regions that are politically complicated, such as Saudi Arabia (where it has a 25-year joint venture) and Venezuela, Colombia, and Russia. (100 character max) Cancel

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