Avery Dennison News
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CCL Industries Inc. has more room to rise after the maker of Heineken beer labels and Tide detergent bottles posted the best return among Canadian stocks this year.
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Avery Dennison Corp. closed at the highest price since July 2011 after reporting quarterly profit that beat analysts’ estimates and agreeing to a deal for its office products unit that 3M Co. scrapped a bid for in October.
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Avery Dennison Corp. agreed to sell two units to CCL Industries Inc., a maker of specialty packaging, for $500 million in cash after 3M Co. walked away from an offer for its office products division in October.
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CCL Industries Inc., a maker of specialty packaging, agreed to acquire two businesses from Avery Dennison Corp., including its label-printing unit, for $500 million in cash.
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Maisto International Inc.’s model Predator drones are selling out on Amazon.com Inc.’s website as parody reviews highlight how the toys can help children hone killing skills, mocking a controversial U.S. practice.
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U.S. stocks fell, dragging benchmark indexes from five-year highs, as the Federal Reserve said it will maintain its program to buy securities after the economy unexpectedly shrank in the fourth quarter.
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Avery Dennison Corp. , the maker of labels for blue jeans and beer bottles, will be ready to boost its dividend this year after slicing it in half in 2009 to pay down debt, Chief Executive Officer Dean Scarborough said.
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Avery Dennison Corp., a label manufacturer, climbed the most in more than eight months after a narrower forecast for full-year profit exceeded analysts’ estimates.
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Canadian stocks gained for a second day, led by gold producers after a report showing the U.S. economy unexpectedly shrank in the fourth quarter boosted demand for the metal as a haven asset.
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Avery Dennison Corp., the office- supply manufacturer, dropped the most in more than three months after the company’s preliminary fourth-quarter earnings and 2012 forecast trailed analysts’ estimates.
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