3.01%QQQQ 43.66 3.24%XLF 20.98 4.90%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - Shares of packaging makers staged a broad-based rally Thursday as the price of natural gas, which both powers their plants and goes into making plastics, continued to fall.
| ABH | 5.87 |  -0.58 |
| BLL | 43.41 | -1.95 |
| CCK | 24.29 | -1.86 |
| LPX | 10.36 | -0.41 |
| SSCC | 6.1 | -0.57 |
| SON | 34.59 | -0.71 |
In afternoon trading on the New York Mercantile Exchange, natural gas was down 82.6 cents at $10.572 per 1,000 cubic feet. It has tumbled more than 20 percent since its peak before the Fourth of July.
AbitibiBowater Inc. rose 64 cents, or 8.4 percent, to $8.25, Ball Corp. gained $2.42, or 5.3 percent, to $48.27, Crown Holdings Inc. climbed $1.70, or 6.2 percent, to $29, Louisiana-Pacific Corp. increased 52 cents, or 6.2 percent, to $8.98 and Smurfit-Stone Container Corp. was up 41 cents, or 9.3 percent, to $4.81.
Even shares of Sunoco Products Co., which fell early in the session on a weak third-quarter outlook, were up 9 cents to $30.93.
Gold headed back to revisit Tuesday's low of $790 and then recovered once again before the close of futures trading, to climb back to just a...
Stephenie Meyer, who wrote 'Twilight', will not continue writing ...
IN THE HEADLINES McCain caps GOP convention vowing 'change is coming' to Washing...
|
Professional Website Design For Corporate - Get a Free Quote Today
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
