Crown Holdings Reports First Quarter 2003 Results

Publish Date
Wednesday, April 16, 2003
PHILADELPHIA, April 16 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK), today announced its financial results for the first quarter ended March 31, 2003. The Company reported a net loss of $34 million, or $0.21 per diluted share, compared to a net loss of $1,068 million, or $8.50 per diluted share, in the first quarter of 2002. The 2002 first quarter...

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PHILADELPHIA, April 4 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) will release its earnings for the first quarter ended March 31, 2003 before trading begins on the New York Stock Exchange on Thursday, April 17, 2003. The Company will hold a conference call to discuss these results at 11 a.m. (EDT) the same day. The dial-in numbers for the conference...

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PHILADELPHIA, March 27 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that John W. Conway, Chairman of the Board, President and Chief Executive Officer and Alan W. Rutherford, Vice Chairman, Executive Vice President and Chief Financial Officer, will speak to the investment community at the Deutsche Bank Basic Industries Conference at The Grand Hyatt in New York City on...

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PHILADELPHIA, March 21 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) today announced that Peter C. Collier has been named Vice President of the Company's European Metal Closures Division. Collier has worked in the packaging industry for 20 years, all of which have been with Crown Holdings, Inc. and its subsidiary companies. Previously, Collier served as Head of Mergers & Acquisitions...

Read the full article: Peter C. Collier Appointed Vice President, European Metal Closures Business for Crown Holdings

Crown Holdings Successfully Upholds SuperEnd(TM) Patent

Publish Date
Tuesday, March 18, 2003
PHILADELPHIA, March 18 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that the European Patent Office ("EPO") upheld Crown's European SuperEnd(TM) beverage end patent (EP 0 828 663 B1), with slight modification, against an opposition lodged by a competitor. The EPO Opposition Division upheld claims covering Crown's commercial SuperEnd(TM) beverage ends and its proprietary seaming technology. This decision reinforces...

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PHILADELPHIA, March 18 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) announced that today marks the 25th anniversary of Federal regulations prohibiting the further use of chlorofluorocarbon (CFC) propellants in almost all aerosol products manufactured and sold in the United States. Despite this environmental achievement most Americans aren't aware that it happened. Twenty-five years after the Federal regulation took effect, 60%...

Read the full article: Aerosol Industry Marks 25th Anniversary of CFC-Free Products

PHILADELPHIA, March 5 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK), announced today that its wholly owned subsidiary, Crown Cork & Seal Company, Inc., has accepted for purchase and payment, pursuant to its offer to purchase, all of the notes which were validly tendered and not validly withdrawn as of the expiration of the offers at 12:01 a.m., New York City...

Read the full article: Crown Holdings, Inc. Announces Final Results of Concurrent Tender Offers for Any and All Outstanding Notes of Certain Series of Notes Maturing Prior to 2006

PHILADELPHIA, Feb. 26 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK), announced today that it has completed its previously announced comprehensive refinancing plan and formed a new public holding company. The $3.2 billion refinancing consists of the sale of $1.085 billion of 9-1/2% second priority senior secured notes due 2011, euro 285 million of 10-1/4% second priority senior...

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PHILADELPHIA, Feb. 11 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) announced today that it has priced $2.1 billion of senior secured notes, which was upsized from an original announced deal size of $1.75 billion. The $2.1 billion consists of $1.085 billion of 9-1/2% second priority senior secured notes due 2011, euro 285 million of 10-1/4% second priority...

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PHILADELPHIA, Feb. 4 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK), announced today that it has commenced concurrent tender offers for any and all of the outstanding notes of the Company and its subsidiaries described in the table below. The tender offers comprise part of the Company's recently announced comprehensive refinancing plan. The series of notes subject to...

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PHILADELPHIA, Jan. 29 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK), announced today its results for the fourth quarter and year ended December 31, 2002, as well as a comprehensive refinancing plan. For the fourth quarter of 2002, the Company reported a net loss of $1.71 per diluted share including charges for the net loss on the sales...

Read the full article: Crown Cork & Seal Reports 2002 Fourth Quarter and Year End Results; Comprehensive Refinancing Plan Announced

PHILADELPHIA, Jan. 6 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK), announced today the signing of another technology license agreement with Amcor Limited, the leading beverage can manufacturer in Australia and New Zealand. This license will allow Amcor to use Crown's proprietary can shaping technology for the shaping of beverage cans in different sizes in Australia and New...

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PHILADELPHIA, Dec. 2 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK), announced today the signing of a SuperEnd(TM) license agreement with Amcor Limited, the leading beverage can manufacturer in Australia and New Zealand, which will allow Amcor to manufacture and sell SuperEnd(TM) in those markets. SuperEnd(TM) is the latest technology easy open end for beverage cans which provides...

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PHILADELPHIA, Nov. 20 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that it has completed the sale of 10.5 million shares of common stock of Constar International Inc. (Nasdaq: CNST) representing approximately 88% of the outstanding common stock of Constar. Crown has granted the underwriters an over-allotment option to purchase all or a portion of the...

Read the full article: Crown Cork & Seal Announces Completion of Constar International Inc. Initial Public Offering

PHILADELPHIA, Nov. 19 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced the development of an innovative, single- serve, bowl-shaped steel container for pet food. The lightweight, 12mm container features a heat-sealed, polypropylene peelable lid, allowing quick and easy dispensing. For additional convenience, a self-stick adhesive pad on the base of the container ensures it stays in...

Read the full article: Crown Cork & Seal Helps Covi Enter Pet Food Market With Innovative, Single-Serve Steel Container

PHILADELPHIA, Nov. 19 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced the development of an innovative, single- serve steel container for pet food, offering pet owners a new level of convenience. The lightweight, 12mm container features a heat-sealed, polypropylene peelable lid, allowing quick and easy dispensing. Consumers simply peel back the lid, place the container on...

Read the full article: Unique Eat-From Pet Food Container From Crown Cork & Seal Offers New Level of Consumer Convenience

PHILADELPHIA, Nov. 15 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) and Constar International Inc. (Nasdaq: CNST) announced today the public offering by Crown of 10.5 million shares of Constar common stock, representing approximately 88% of the outstanding common stock of Constar, at $12.00 per share. Crown has granted the underwriters an over-allotment option to purchase all or...

Read the full article: Constar International Inc. Initial Public Offering Priced at $12.00 Per Share

PHILADELPHIA, Nov. 12 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced that its wholly-owned subsidiary, Constar International Inc., has filed an amended registration statement with the Securities and Exchange Commission containing new terms for Constar's proposed initial public offering. The price range for the offering of Constar's common stock is expected to be between $12.00 and...

Read the full article: Crown Cork & Seal Announces New Terms for Proposed Initial Public Offering of Constar International Inc.