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CG Stocks to watch for! Natuzzi, S.p.A (NTZ), Owens-Illinois Inc (OI)

Shares of Natuzzi, S.p.A (ADR) (NYSE:NTZ) ended Friday session in green amid volatile trading. The shares closed up +0.09 points or 5.42% at $1.75 with 9,740 shares getting traded. Post opening the session at $1.62, the shares hit an intraday low of $1.59 and an intraday high of $1.76 and the price vacillated in this range throughout the day. The company has a market cap of $101.20 million and the numbers of outstanding shares have been calculated to be 54.85 million shares.

Natuzzi, S.p.A (ADR) (NTZ) designs, manufactures, and markets leather and fabric upholstered furniture worldwide. Its products primarily include stationary furniture (sofas, loveseats, and armchairs), sectional furniture, motion furniture, sofa beds, recliners and massage chairs, and living room, beds, bed linens, and bedroom furnishings and accessories. The company sells its products primarily under the Natuzzi Italia, Natuzzi Editions/Leather Editions, Natuzzi Re-vive, and Softaly brand names. Natuzzi S.p.A. sells its Natuzzi branded furniture primarily through franchised Divani & Divani by Natuzzi, and Natuzzi Italia stores. As of March 31, 2016, it had 182 Natuzzi Italia stores, 80 Divani & Divani by Natuzzi stores, and 9 Natuzzi Italia concessions, as well as 314 Natuzzi Italia galleries. The company was founded in 1959 and is headquartered in Santeramo in Colle, Italy.

Shares of Owens-Illinois Inc (NYSE:OI) ended Friday session in green amid volatile trading. The shares closed up +0.13 points or 0.71% at $18.39 with 1,832,181 shares getting traded. Post opening the session at $18.37, the shares hit an intraday low of $18.16 and an intraday high of $18.65 and the price vacillated in this range throughout the day. The company has a market cap of $3.00 billion and the numbers of outstanding shares have been calculated to be 162.08 million shares.

Owens-Illinois Inc (OI) has scheduled its third quarter 2016 conference call and webcast for Wednesday, October 26, 2016, at 8 a.m. EDT. The company`s news release for the third quarter 2016 earnings will be issued after the market closes on Tuesday, October 25.

What:         O-I Conference Call and Webcast

Earnings presentation materials will also be posted on the O-I website, www.o-i.com/investors, when the earnings news release is issued.

When:        Wednesday, October 26, 2016, at 8 a.m. EDT

Where:      http://investors.o-i.com/phoenix.zhtml?c=88324&p=irol-calendar

The webcast will be archived at http://www.o-i.com/investors/ until October 2017.

To participate in the event via conference call, dial 1-888-733-1701 (U.S. and Canada) or 706-634-4943 (International) by 7:50 a.m. EDT, on October 26. Ask for the O-I conference call.

 

 

 

 

About Steve Johnson

Steve Johnson was previously writing news on part time basis with many consumer goods websites. Now Steve Johnson is writing columns with us on consumer goods. He has no match the way he presents the news on consumer goods. Customers like his news, analysis and predictions.

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