July 23, 2009

Ball reports increased 2Q income

BROOMFIELD – Ball Corp. (NYSE:BLL) in Broomfield reported Thursday that net income in the second-quarter rose 33 percent from the year-ago period to $133.3 million, or $1.40 a share.

Sales fell nearly 7 percent to $1.93 billion in the three-month period. Second-quarter results included an after-tax gain of $30.7 million, or 32 cents a share, for the sale of a portion of the company’s interest in Longmont-based DigitalGlobe Inc. (NYSE:DGI), and an after-tax charge of $11.6 million, or 12 cents a share, primarily for the closure of two plastic packaging plants and for transaction costs relating to the acquisition of certain…

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