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Ball Corporation

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Ball Corporation’s third-quarter 2015 adjusted earnings remained flat year over year at $1.10 per share.  Revenues went down 6.3% year over year to $2.1 billion. Also, the company slashed its 2015 free cash flow guidance to $550 million. Ball Corporation remains focused on ramping up capital projects and expects to grow through investments, emphasis on continuous improvement and growth in cash flow. Product launches and expansion through acquisitions will also drive growth. However, Ball Corporation expects currency translation, start-up and preproduction costs to remain headwinds. Moreover, uncertainty regarding government funding, modest pressure  in the U.S. food can market and strong competition will affect Ball Corporation’s performance in the near future.

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