Banking & Finance  May 4, 2017

Ball Corp. posts first-quarter profit of $68M; aerospace subsidiary clears $21M

BROOMFIELD – Can manufacturer Ball Corp. (NYSE: BLL) on Thursday reported a profit of $68 million, or 38 cents per share, on sales of $2.5 billion for its first quarter that ended March 31.

The first-quarter numbers were an improvement compared with the first quarter of 2016 when the Broomfield-based company reported a loss of $127 million, or 90 cents per share, on sales of $1.8 billion.

Late last month, Ball announced a two-for-one split of its common stock, effective May 16 to shareholders of record on May 8, and a 54 percent increase in the…

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