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O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook
O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook
Glass bottle and jar company O-I Glass plunged the most in premarket trading in more than six years after it slashed its full-year adjusted EPS outlook, blaming higher energy costs tied to the Gulf-related energy shock.
The major glass-container manufacturer, producing bottles and jars for the beer, wine, spirits, beverage, and food-packaging markets, now expects adjusted EPS of $1.00 to $1.50, down sharply from its prior forecast of $1.65 to $1.90 and well below the $1.67 Bloomberg Consensus estimate.
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May 7, 2026 / Tyler Durden
Iranian President Says Iran Willing To Prove Peaceful Nature Of Nuclear Program
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Iran has told other regional countries that it is ready to 'prove' that its nuclear program is peaceful in nature, and that it is willing to meet international standards in that regard, according to the Iranian presidency.
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Mar 28, 2026 / Tyler Durden
Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport
Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport
Perhaps incompetence is contagious...
A Secret Service agent tasked with protecting Jill Biden managed to become his own biggest threat, accidentally shooting himself in the leg at Philadelphia International Airport last week, according to Reuters.
Thankfully, Biden wasn’t anywhere nearby, presumably because the universe decided one crisis at a time was enough.
Photos: Daily Mail
The report says that the incident, politely labeled a “negligent discharge” (bureaucratic code for oh sh*t), happened in an unmarked car just before 9...
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Jul 9, 2026 / Dave DeCamp
Responding To Trump, Kremlin Says Ukraine’s Long-Range Drone Attacks Will Likely Prolong War
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