O-I Glass to close four furnaces, with more to come later this year [Seeking Alpha]
O-I Glass, Inc. (OI)
Last o-i glass, inc. earnings: 4/28 04:20 pm
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US:NYSE Investor Relations:
investors.o-i.com/phoenix.zhtml?c=88324&p=irol-calendar
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Source: Seeking Alpha
segment, with additional furnace closures and other restructuring actions expected before the end of 2024. O-I Glass ( OI ) said the closures are part of its previously communicated Fit to Win initiative to reduce redundant capacity and begin to optimize its network. The closures are expected to occur within the next six months, and affect ~200 employees. The company said expects to record ~$20M in related charges in Q3, including $14M for impairment of plant-related assets, such as furnaces and machinery. Recommended For You More Trending News Recommended For You More Trending News About OI Stock Related Stocks Trending Analysis Trending News
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OI
News
- O-I Glass, Inc. (NYSE: OI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- O-I Glass, Inc. (NYSE: OI) had its price target lowered by analysts at Royal Bank of Canada from $18.00 to $16.00. They now have an "outperform" rating on the stock.MarketBeat
- O-I Glass, Inc. (NYSE: OI) had its price target lowered by analysts at Barclays PLC from $14.00 to $13.00. They now have an "equal weight" rating on the stock.MarketBeat
- O-I GLASS REPORTS THIRD QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- O-I GLASS REPORTS THIRD QUARTER 2024 RESULTSGlobeNewswire
OI
Earnings
- 10/29/24 - Miss
OI
Sec Filings
- 10/30/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/22/24 - Form 8-K
- OI's page on the SEC website